625 Esplanade 29, Redondo Beach, California 90277, Redondo Beach, 90277 - 2 bed, 2 bath
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Redondo Beach, California 90277
This Turnkey Oceanfront Condo is a Prime Investment Opportunity, listed at $1,130,000—positioned well below the $1,163,825 Fair Market Value by 2%. This valuation gap offers $33,825 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit boasts a fully remodeled interior, panoramic ocean views, and a private balcony. Located in the Redondo Unified district with access to 9/10 rated schools, this property is an ideal acquisition for Owner-Occupants or lifestyle-focused professionals seeking a move-in ready coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 625 Esplanade 29 Subject | $1,130,000* List Price | 2 | 2 | 1,394 | $835 | - |
A 555 Esplanade 320 Sold | $950,000 | 2 | 2 | 1,065 | $892 | 0.2 mi |
B 575 Esplanade 102 Sold | $1,249,000 | 3 | 2 | 1,510 | $827 | 0.1 mi |
C 531 Esplanade 303 Sold | $825,000 | 1 | 1 | 982 | $840 | 0.2 mi |
D 706 S Pacific Coast Highway C Sold | $1,316,250 | 3 | 3 | 1,603 | $821 | 0.3 mi |
E 510 The Village 103 Active Under Contract | $1,200,000 List Price | 2 | 2 | 1,458 | $823 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1974, the property is described as completely remodeled with a fully updated kitchen and bathrooms. Visuals confirm modern hardwood flooring, recessed lighting, and mint condition consistent with a recent high-end renovation (under 5 years), making it move-in ready with no maintenance required.
Elementary School: Alta Vista Elementary School (9/10). High School: West High School (9/10).
Situated on the highly desirable Esplanade, this unit offers direct coastline views and immediate access to top surf breaks and the beach.
The condo has been completely remodeled with a contemporary kitchen, updated bathrooms, hardwood floors, and the rare convenience of in-unit laundry.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =38704, other record lot size in square feet = 38765.
The $730 monthly association fee is a significant recurring expense that may impact buyer affordability and overall carrying costs.
Originally constructed in 1974, the building's age may necessitate future capital improvements or assessments typical of older coastal developments.
Oceanfront Living at 625 Esplanade #29, Redondo Beach! Experience the ultimate in coastal living with this completely remodeled beachfront condo, located on the highly desirable Esplanade! Enjoy breathtaking ocean views from your private balcony, where you can check the surf at two of Redondo Beach’s best breaks— right from home. Inside, the unit features hardwood floors, a bright, open layout, a fully updated kitchen and bath, and in-unit laundry for added convenience. You’ll also have two dedicated side-by-side parking spaces, making beachside living effortless. The well-maintained complex offers three ocean view observation decks, perfect for relaxing, entertaining, or catching the sunset over the Pacific. All of this is just steps from the beach and within walking distance to Redondo’s top restaurants, shops, and nightlife. The HOA covers water, trash, internet, grounds maintenance, and earthquake insurance, giving you peace of mind and exceptional value. Live every day like you're on vacation—welcome to life at 625 Esplanade.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades K-5 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,394 | 1,052.5 | 59% |
| Lot Size | 38,704 | 62,162 | 44% |
| Price | $1.13M | $946.5K | 69% |
| Price per sq ft | $811 | $824 | 47% |
| Built year | 1974 | 1971 | 53% |
| HOA | $730.0 | $643 | 75% |
| Days on market | 3 | 124 | 3% |
Jun 3, 2026
$1,130,000
Initial Listing