615 Esplanade 512, Redondo Beach, California 90277, Redondo Beach, 90277 - 1 bed, 1 bath
615 Esplanade 512
Redondo Beach, California 90277
Property Price
SUMMARY
Analysis of 615 Esplanade 512, Redondo Beach, California 90277 is currently available with a list price of $845,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Redondo Beach Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Although built in 1971, the unit has undergone an extensive recent renovation within the last 5 years. The kitchen features modern white shaker cabinets, quartz countertops, and stainless steel appliances. The interior is updated with contemporary wide-plank flooring, recessed lighting, and a fully remodeled bathroom, showing no signs of deferred maintenance and meeting modern quality standards.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
- Prime Coastal Location
The property offers an enviable lifestyle with direct beach access and close proximity to Redondo Beach's popular dining, shopping, and entertainment hubs.
- Desirable End-Unit Features
As an end unit, this home provides additional privacy and features a private balcony with peek-a-boo ocean views and a cozy fireplace.
CONSRISKS & DEFICIENCIES
- Strict Rental Restrictions
The HOA rental cap is currently exceeded at 33%, preventing new owners from using the property as an investment rental until the ratio drops below 25%.
- High HOA Fees
The monthly association fee of $645.55 is relatively high for a one-bedroom unit, which may impact the debt-to-income ratio for some buyers.
About 615 Esplanade 512
Enjoy the best of coastal living in this charming 1-bedroom, 1-bath end unit just moments from the sand. The inviting living room features a cozy fireplace and opens to a balcony with peek-a-boo ocean views, perfect for relaxing after a day at the beach. The complex offers direct beach access, controlled-access garage parking with overhead storage, and a prime location close to Redondo Beach's popular shopping, dining, and entertainment. Per HOA rental restrictions apply. HOA does not allow additional rentals until the percentage drops below 25% (currently at 33% rented).
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 31,695 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $645.55 / Month
Neighborhood Insights
Redondo Beach Unified Schools
Alta Vista Elementary School
Grades K-5 • 0.7 mi
Tulita Elementary School
Grades K-5 • 1.1 mi
Anza Elementary School
Grades K-5 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 20% |
| Baths | 1.0 | 2.0 | 20% |
| Square foot | 719 | 1,290 | 10% |
| Lot Size | 31,695 | 31,695 | 50% |
| Price | $845.0K | $1.03M | 28% |
| Price per sq ft | $1.2K | $847 | 78% |
| Built year | 1971 | 1972 | 48% |
| HOA | $645.55 | $669 | 50% |
| Days on market | 65 | 196 | 13% |
Pricing History
Listed for Sale
Feb 5, 2026
$845,000
$865,000
-2% Price Drop
Initial Listing
Price Change
Dec 31, 2025
$865,000
Initial Listing
Sold
Apr 1, 2022
$850,000
Public Record
Sold
May 2, 2018
$635,000
Public Record
Sold
Jun 30, 2005
$520,000
Public Record