Everything You Need to Know About Buying a Home in Redondo Beach CA 90277 & 90278
Redondo Beach offers something genuinely rare in the South Bay: a real range of options. It is one of the only coastal cities where a buyer with $700,000 and strong credit can realistically get into the market — and where that same city also has neighborhoods averaging $2.4 million and climbing. Understanding the full picture of what is available, and what loan programs apply to each part of that picture, is where the conversation starts.
North vs. South — Two Very Different Markets in One City
The dividing line in Redondo Beach is 190th Street. Everything south of 190th is South Redondo (90277) — closer to the beach, generally more expensive, and home to the Hollywood Riviera, The Esplanade, and the Riviera Village shopping district. Average sold prices in 90277 ran between $1.7M and $1.9M in 2025, with Hollywood Riviera transactions regularly above $2.4M. Most 90277 purchases require jumbo financing.
North Redondo (90278) covers everything north of 190th and east of Hermosa Beach. Prices average approximately $1.5M — meaningful more accessible, and home to neighborhoods like Golden Hills, TRW Tract, and the Golden Triangle that draw first-time buyers and young families from across the South Bay. FHA loans, conventional financing, and high-balance conforming loans all apply in parts of 90278 depending on the specific price and property type.
What Does Financing Look Like in Redondo Beach?
The 2025 conforming loan limit for LA County is $1,209,750. Here is how that plays out across the different parts of Redondo Beach:
- FHA loans work well in North Redondo for buyers targeting the $600K–$900K range. Down payment as low as 3.5%, credit scores from 580.
- Conventional high-balance loans cover the $900K–$1.2M range and are available with as little as 5–10% down for qualifying buyers.
- Jumbo loans apply to most South Redondo (90277) transactions and many North Redondo single-family home purchases above $1.2M. Standard jumbo requires 20% down, 700+ credit, and 12 months reserves.
- Bank statement loans are available for self-employed buyers who cannot document qualifying income through tax returns — a common need among business owners across both zip codes.
Schools and Community
Redondo Beach Unified School District serves students in both 90277 and 90278. Redondo Union High School is the city's only public high school and is well-regarded in the South Bay. For families researching the Hollywood Riviera specifically, it is important to note that despite the Redondo Beach mailing address, the Hollywood Riviera is in the city of Torrance and served by Torrance Unified School District.
Your Next Step
Whether you are looking at a first home in North Redondo, moving up to South Redondo, exploring a Hollywood Riviera purchase, or thinking about what your Redondo Beach equity could do for you in retirement — the conversation starts here. Call me at (310) 594-5362 or fill out the form below. Free, 20 minutes, and I will tell you exactly what you can do.