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721 Esplanade, 306, Redondo Beach, CA 90277

$995K1bd · 1ba · 800 sqft
Lot 17,808 sqft•HOA $660/mo•Condominium•
Active
•6d on market•MLS# 00-26997939

Property Description

Phenonmenal opportunity to own an ocean front unit with full on spectacular sweeping 180-degree views of the ocean, surf and sand stretching from Palos Verdes to Catalina to Malibu with this rare open plan beach side condo. 47 years held by the same owner with decades of respite and enjoyment; and now can be yours. Open plan unit allows you to enjoy the extraordinary view from the entire kitchen and living area; and flows with glass sliders to a covered balcony as wide as the whole unit. Just steps to the sand and Riviera Village. Watch surfers, dolphins and ships as the rat race and stress grind to a halt. Bring your designer and your imagination and start this amazing new chapter of your life!

Features & Amenities

FeeBuilt 1971

Property Details

Land Type
Fee
Year Built
1971
Property Type
Residential
Property Subtype
Condominium
Heating
Radiant
View
Catalina, Coastline, Harbor, Marina, Ocean, Panoramic, White Water
Flooring
Tile
City
Redondo Beach
Zip Code
90277
County
Los Angeles
Listed byUnknown Office, Richard Yohon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$5,031.26
Principal & Interest
Loan Amount
$796,000
Total Interest
$1,015,254
Total Payment Over 30 Years
$1,811,254
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

721 Esplanade, 306, Redondo Beach, CA 90277

Redondo Beach · Condominium

$995K
Affordable Tier
Beds
1
Baths
1
Sqft
800
Lot
17,808 sqft
Year
1971
$/Sqft
$1244
Pool: No✓
View: city✓

Listed 18.5% above the median closed sale of $840,000. Price per sqft ($1,244) is a 17% premium to closed comps ($1,063).

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $995K· $1,244/sqft
Total list price
Closed comps
vs closed median $840K
+$155K (+18.5%)
Active comps
vs active median $650K
+$345K (+53.1%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $907
+$337 (+37.1%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
538 Avenue ARedondo Beach19681171818,268$904$649,0003290
650 The VillageRedondo Beach1974116190$1,171$725,0008586
603 Prospect AvenueRedondo Beach197011669147,074$746$499,0008984
615 EsplanadeRedondo Beach19711171931,695$1,022$735,00028282
1108 Camino RealRedondo Beach19712293722,178$694$649,9003081
Total: 5 · Average1.21.2732.454,803.75$907.4$651,580103.6
Median718$649,900

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1400 CatalinaRedondo Beach197109/22/20261175314,993$899,000$840,000$1,1160.9310992
802 Camino RealRedondo Beach197008/21/202611800202,499$549,000$559,000$6991.022489
615 EsplanadeRedondo Beach197108/12/20261171931,695$849,999$863,000$1,2001.015389
565 EsplanadeRedondo Beach197109/23/20261171725,363$750,000$720,000$1,0040.9616889
625 EsplanadeRedondo Beach197409/03/20261175938,704$999,000$985,000$1,2980.992186
Total: 5 · Average1.01.0749.662,650.8$793,400$793,400$1,063.4—75
Median753$840,000$840,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.