Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

531 Esplanade 303

Redondo Beach, CA, 90277

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$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

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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
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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 $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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