555 Esplanade #520
About This Property
Inside, this single-level home features an open layout with new carpet throughout, lending warmth and a clean, inviting feel. The living and dining areas flow seamlessly to the balcony, with natural light and ocean breezes enhancing the coastal ambiance.
The remodeled kitchen is outfitted with updated cabinetry, new countertops, and stainless steel appliances, offering both function and contemporary style. Both bathrooms have also been tastefully updated with modern finishes and clean lines, creating a cohesive, polished look throughout.
The spacious primary suite includes dual closets and an ensuite bath, while the second bedroom offers flexibility as a guest room, office, or personal sanctuary. Additional features include in-unit laundry, ample storage, and two side-by-side parking spaces in a secure garage.
This well-maintained building offers direct, secure beach access, bike storage, and a shared ocean-view terrace-perfect for relaxing just steps from the sand. Located close to the Redondo Beach Farmers Market, Pier, parks, local dining, and the shops of Riviera Village.
To live, live by the sea.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Oct 5, 2025 | In contract | - | |
| In contract | |||
| Sep 6, 2025 | Price Decreased |
$969,000
↓ $26K
(2.6%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed by Beach City Brokers | $995,000 | |
| Listed by Beach City Brokers | |||
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