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Map
555 Esplanade #620
About This Property
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.
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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 |
|---|---|---|---|
| Jul 28, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Mar 17, 2026 | Listed by Estate Properties | $2,399,000 | |
| Listed by Estate Properties | |||
| Jul 23, 2025 | Price Decreased |
$2,575,000
↓ $223K
(8%) | |
| Price Decreased | |||
| Jun 19, 2025 | Listed | $2,798,000 | |
| Listed | |||
| | |||
|
Experience the pinnacle of coastal luxury at this newly reimagined penthouse at 555 Esplanade — a rare opportunity to own an uncompromising oceanfront sanctuary on the sand of Redondo Beach. Completely remodeled and never lived in, this sophisticated residence is the embodiment of elevated design and effortless comfort. Step inside to discover interiors meticulously curated with a discerning eye for detail. Custom cabinetry, designer-selected hardware and elegant tile finishes by Ann Sacks, Sonoma and Akdo set an unmistakable tone of refinement throughout the home. The gourmet kitchen is appointed with top-of-the-line SubZero and Thermador appliances, making it as functional as it is beautiful. Premium Kohler and McGee & Co. plumbing fixtures further enhance the sense of quality and thoughtful craftsmanship. Soaring lofted ceilings fill the main living areas with natural light and volume. A custom-constructed steel loft creates an inspired family room space with sweeping ocean views. The primary living room upstairs offers direct access to an expansive 780 square foot upper deck, a walk-in closet with custom organization, and seamless indoor-outdoor flow for relaxed entertaining. The lower level hosts two spacious bedrooms, each featuring lofted ceilings and their own en-suite bathrooms, ensuring privacy and comfort for family or guests. A welcoming mudroom entry provides practical storage and an inviting transition from the beach to home. Three private outdoor spaces—including two patios off the main living area—culminate in a spectacular 600-square-foot oceanfront balcony, where unobstructed vistas of Palos Verdes, Malibu, and the Pacific create a daily backdrop of awe-inspiring beauty. Additional highlights include an in-unit washer and dryer, prime garage parking spaces and a level of craftsmanship rarely found along the coast. This is more than a residence—it’s a statement of timeless style and unparalleled beachfront living.
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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