ActiveCondominium

555 Esplanade 620

Redondo Beach, CA, 90277

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$2,399,000

MLS: SB26067833

Beds

3

Baths

3

Sq Ft

1,733

Lot

0.68 ac

Year Built

1976

MLS #

SB26067833

Days on Market

4

Listed

Apr 15, 2026

Description

Perched above the coast, this newly reimagined sunset penthouse offers a daily experience of light, air, and uninterrupted horizon. Taken down to the studs and completely rebuilt, this never before lived in 3-bedroom, 3 bath home delivers a rare level of refinement along the shoreline. From the moment you enter, open, airy living spaces are framed by sweeping ocean views and a seamless connection to the outdoors. Sunsets pour into the home and extend onto expansive terraces designed for both quiet mornings and unforgettable evenings above the Pacific. Each bedroom serves as a private retreat with its own en suite bath, offering comfort and privacy for both residents and guests. The design blends modern coastal elegance with clean architectural lines, creating a space that is both sophisticated and easy to live in. Multiple outdoor areas invite you to fully experience the coastal setting, whether hosting at sunset or taking in panoramic ocean views. With brand new systems and finishes throughout, this penthouse presents a rare opportunity to live in a completely transformed, never lived in home above it all.

Location

Redondo Beach, Los Angeles County, CA 90277

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Listed by: James Hunt · Estate Properties

Payment estimate

$16,964

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $239,900 · Loan: $2,159,100

%
Principal & Interest
$13,266
Property tax (1.25%)
$2,499
Homeowners insurance
$300
Mortgage insurance
$900
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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 $83,965 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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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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