555 Esplanade #315
About This Property
This 2-bedroom, 2.5-bath condo offers a rare opportunity to embrace oceanfront living with panoramic ocean views and two private balconies to take in spectacular sunsets over the Pacific.
The home features updates including new carpet, fresh paint, modern baseboards, scraped ceilings, and new fixtures throughout. The living room boasts a cozy fireplace and opens to one balcony, perfect for relaxing or entertaining, while the second balcony is conveniently located off the front bedroom and upstairs second-floor hallway. From either, you can watch dolphins play in the waves, sailboats glide across the horizon, and walkers and joggers enjoying the scenic strand below.
Additional conveniences include an in-unit laundry area, two assigned parking spaces, and a secure, state-of-the-art front entry system. Enjoy direct access to the vibrant lifestyle of Redondo Beach, with the Pier and the popular Thursday Farmers Market practically at your doorstep. Residents also have access to a community oceanfront deck, ideal for soaking in the sea breeze and coastal views.
This is your chance to create your perfect beachside escape. Don't miss it!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by Compass | $1,600,000 | |
| Listed by Compass | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/30/2026
|
2 Bed
|
2 Bath
|
1065 ft²
|
$999,000
2 Bed
2 Bath
1065 ft²
|
$950,000
-4.90%
02/26/2026
|
Justin Miller
Beach City Brokers
| |
|
08/07/2025
|
2 Bed
|
2 Bath
|
1065 ft²
|
$995,000
2 Bed
2 Bath
1065 ft²
|
$950,000
-4.52%
12/05/2025
|
Justin Miller
Beach City Brokers
| |
|
12/01/2024
|
2 Bed
|
3 Bath
|
1330 ft²
|
$1,600,000
2 Bed
3 Bath
1330 ft²
|
$1,725,000
+7.81%
01/02/2025
|
Lynn Peters
Compass
| |
|
12/10/2023
|
2 Bed
|
2 Bath
|
1065 ft²
|
$965,000
2 Bed
2 Bath
1065 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
03/21/2023
|
2 Bed
|
2.5 Bath
|
1785 ft²
|
$2,250,000
2 Bed
2.5 Bath
1785 ft²
|
-
-
|
Lisa Moule
Beach City Brokers
| |
|
02/01/2022
|
3 Bed
|
3 Bath
|
1532 ft²
|
$1,499,000
3 Bed
3 Bath
1532 ft²
|
-
-
|
James Gilbo
Estate Properties
| |
|
10/20/2021
|
1 Bed
|
2 Bath
|
750 ft²
|
$870,000
1 Bed
2 Bath
750 ft²
|
-
-
|
Jason Buck
RE/MAX Estate Properties
| |
|
04/09/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$979,000
2 Bed
2 Bath
956 ft²
|
$880,000
-10.11%
09/24/2021
|
Jake Hurwitz
| |
|
06/29/2021
|
2 Bed
|
3 Bath
|
1196 ft²
|
$1,089,000
2 Bed
3 Bath
1196 ft²
|
$1,250,000
+14.78%
09/15/2021
|
Michelle Moebius
Keller Williams Beach Cities
| |
|
01/26/2021
|
2 Bed
|
2 Bath
|
956 ft²
|
$979,000
2 Bed
2 Bath
956 ft²
|
$979,000
03/10/2021
|
Heidi Ludwig
| |
|
08/31/2020
|
1 Bed
|
2 Bath
|
772 ft²
|
$899,000
1 Bed
2 Bath
772 ft²
|
$865,000
-3.78%
01/14/2021
|
Jason Buck
| |
|
06/06/2018
|
2 Bed
|
2 Bath
|
1063 ft²
|
$1,036,425
2 Bed
2 Bath
1063 ft²
|
$1,030,000
-0.62%
08/21/2018
|
Lisa Moule
Beach City Brokers
| |
|
06/28/2017
| |
1 Bed
|
1 Bath
|
756 ft²
|
$899,000
1 Bed
1 Bath
756 ft²
|
$855,000
-4.89%
09/11/2017
|
Brianna Franco
eXp Realty of Southern Ca, Inc
|
|
02/28/2017
|
2 Bed
|
2 Bath
|
903 ft²
|
$949,999
2 Bed
2 Bath
903 ft²
|
$945,000
-0.53%
10/13/2017
|
Lisa Moule
Beach City Brokers
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017