Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

625 Esplanade 4

Redondo Beach, CA, 90277

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$1,150,000

MLS: SB23226251

Beds

1

Baths

1

Sq Ft

759

Lot

0.89 ac

Year Built

1974

MLS #

SB23226251

Days on Market

797

Listed

Dec 20, 2023

Description

Wake up to the waves and savor the breathtaking Pacific Ocean at this ground-floor 1-bedroom, 1-bathroom condo at 625 Esplanade #4 in Redondo Beach. Nestled right on the shoreline, this condo offers a unique opportunity to live on the Esplanade with unparalleled captivating ocean views and direct beach access. This residence invites you to indulge in the soothing rhythm of the waves and enjoy beachfront activities just a few feet from your door. Conveniently located near Redondo Beach Pier and local amenities, the allure of beachfront living becomes a daily reality for the owner. Brand new sliding glass door and windows in the property invite the ocean breeze into your home and add extra security. The secure building also offers peace of mind and convenience with 2 side-by-side parking spaces in the shared garage (#101 & 102). This is more than a home; it's a retreat to an exclusive coastal paradise. Seize the opportunity to make 625 Esplanade #4 your haven by the sea!

Location

Redondo Beach, Los Angeles County, CA 90277

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Listed by: Fran Baldwin · Excel Funding Real Estate Services, Inc.

Payment estimate

$8,288

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $115,000 · Loan: $1,035,000

%
Principal & Interest
$6,359
Property tax (1.25%)
$1,198
Homeowners insurance
$300
Mortgage insurance
$431
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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 $40,250 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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