Once in the water you will be rewarded with horn sharks, leopard sharks, lobster and a plethora of other creatures. Very close by is Coral Beach. It is within eyesight of Latigo Canyon and is a good alternative if the rocks make you nervous. Park your car in the metered parking near veteran's park. You'll pass the pilings of one of the old Redondo piers at around 45 feet at the lip of the canyon.
Depths can get quite deep in the canyon so care is advised.
Do not stray near the existing pier as it is illegal to dive on it. At depth one can find many an unusual creature who lives in the canyon. Visibility can be quite good when there is an up welling present. Park on Esplanade, between Topaz and Sapphire streets. Enter the water just north of the jetty at Topaz St. Entry is usually easy and the collector diver can be rewarded with the find of an old cork bottle or broken dishes from the turn of the century.