531 Esplanade 303
Redondo Beach, CA, 90277
$839,000
MLS: SB26035781
Beds
1
Baths
1
Sq Ft
982
Lot
0.56 ac
Year Built
1974
MLS #
SB26035781
Days on Market
59
Listed
Feb 18, 2026
Description
Experience refined coastal living at Ocean Plaza in this beautifully updated 1-bedroom, 1-bath condo ideally positioned to capture ocean views and effortless beachside charm. The open-concept living room and kitchen creates a seamless flow, extending out to a spacious ocean-view deck — the perfect setting for morning coffee or unforgettable sunset evenings. The kitchen is thoughtfully designed with granite countertops, stainless steel appliances, and ample cabinetry, blending style and function. Upstairs, the generous primary suite offers a private retreat with direct balcony access, ocean views, an updated bath, and an impressive walk-in closet that provides exceptional storage rarely found in a one-bedroom home. Resort-style amenities elevate everyday living and include a clubhouse, sparkling swimming pool, relaxing hot tub, fitness center, and secure gated entry. Two-car tandem parking and additional storage ensure plenty of space for vehicles and all your beach essentials. Enjoy the ultimate convenience of direct access from the garage to the beach and bike path, while being just steps from the beloved Veterans Park and the vibrant weekly Farmers Market. Fine dining, boutique shopping, and coastal charm await just minutes away in Riviera Village. This is beach living at its best — sophisticated, convenient, and truly special.
Location
Redondo Beach, Los Angeles County, CA 90277
Open on Google Maps ↗Listed by: Sue Murphy · Keller Williams Realty
Payment estimate
$6,128
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $83,900 · Loan: $755,100
- Principal & Interest
- $4,639
- Property tax (1.25%)
- $874
- Homeowners insurance
- $300
- Mortgage insurance
- $315
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 $29,365 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.
Local Market Stats
See Redondo Beach, CA 90277 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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