ActiveCondominium

420 Esplanade 4

Redondo Beach, CA, 90277

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$1,525,000

MLS: ML82036336

Beds

2

Baths

2

Sq Ft

1,800

Lot

0.53 ac

Year Built

1985

MLS #

ML82036336

Days on Market

24

Listed

Feb 26, 2026

Description

This very spacious unit w/ 18ft soaring ceilings gives you space to create your own sanctuary. Providing very private beachside living. Secure private entry. One of the few South Bay complexes with outdoor pool and spa. Perfect for hosting, this unit has an airy living room, a large loft for overnight guest stays, & an office nook in addition to the two bedrooms. Having extra refrigerators behind a facade of Thomasville cabinetry, gives a clean, modern feel. The black granite gas fireplace provides ambiance and coziness. A large secluded patio provides a peaceful place to greet the day or spend an evening w/ friends overlooking a private garden. Just steps from the beach, the Redondo Beach Pier, & Veterans Park w/ its spacious lawns, fitness course, children's playground, & a farmer's market every Thurs. Walk to Riviera Village where the restaurants and shops will have you feeling like a local in no time. The Marvin Braude Bike Trail at your doorstep lets you explore the South Bay and beyond while enjoying an ocean breeze. This unit also includes a laundry room equipped with washer and dryer, as well as a large separate bonus storage room. In the gated garage there are two side-by-side assigned parking spots with additional storage lockers, & a locked storage room for bikes.

Location

Redondo Beach, Los Angeles County, CA 90277

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Listed by: Carl Thomas · Corcoran Icon Properties

Payment estimate

$10,893

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $152,500 · Loan: $1,372,500

%
Principal & Interest
$8,433
Property tax (1.25%)
$1,589
Homeowners insurance
$300
Mortgage insurance
$572
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Redondo Beach home with as little as 3.5% down using an FHA loan — roughly $53,375 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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