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1705 Ocean Ave Unit 407, Santa Monica, CA, 90401

$2,595,000

2 Bedrooms
2 Full Baths, 1 Partial
1,570 SqFt
$1,653/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingGated
Year Built2014
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewOcean, Pier
MLS #24439101
StatusActive

About 1705 Ocean Ave Unit 407

Welcome to luxury living at its finest in the heart of Santa Monica with big ocean views! This beautifully updated 2-bedroom, 2.5-bath, 1,570 sq. ft. condo, perfectly situated in one of Santa Monica's most sought-after neighborhoods. Just steps from bustling Ocean Avenue, you'll be moments from upscale shopping, dining, and entertainment. Despite its prime location, this home offers a peaceful retreat above it all. Perched on the corner of The Waverly, the city's premier 24-hour doorman building, this residence showcases massive ocean views and perfect year long sunsets over looking Malibu. Expansive glass walls, including a sleek mitered glass corner, and three private terraces create a seamless connection between indoor and outdoor living. The Waverly provides exclusive amenities, including a state-of-the-art gym, a conference room, and two side-by-side parking spaces with Tesla charging. What truly makes this unit stand out is a recent, extensive renovation that has elevated the original 2014 design to an even higher level of sophistication and elegance.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 2014
  • Stories: 6
  • Living Area: 1,570 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 457-6550
  • Listing Agent: Stephen Udoff

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Pier

Parking Information:

  • Parking: Gated

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • John Adams Middle School, Public District Grades 6-8

Other

Directions Information:

  • Directions: Ocean Ave to Olympic Blvd

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,595,000
  • Price Per SqFt: $1,653/SqFt

HOA Fees:

  • Amount: $1763
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $35,611
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

1705 Ocean Ave Unit 407 vs Santa Monica

52 DAYS ON ROCKET

+11 Days

$2,595,000

+$755K More

$1,653/SqFt

+$547 More

KEY TAKEAWAY

This property is $755K more than the Median Sold Price and $547/SqFt more than other homes in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24439101

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 457-6550
  • Listing Agent: Stephen Udoff

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/4/2024, 3:20:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$35,611$3,055,774

History based on county public records data.

Payment Calculator

$14.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,846

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-1635544
7
/10
  • John Adams Middle School

  • 2425 16th St

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-1635545
9
/10
  • Santa Monica High School

  • 601 Pico Blvd

  • 0.38 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,154. Most Santa Monica, CA residents have annual incomes less than $35k. Typical family type is single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1705 Ocean Ave Unit 407

What is the listing price of this property?

The listing price of 1705 Ocean Ave Unit 407 property is $2,595,000.

What type of property is this?

The property 1705 Ocean Ave Unit 407 is a condo located in Santa Monica, California, 90401.

Is this property for sale now?

Active Listing: 1705 Ocean Ave Unit 407 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1705 Ocean Ave Unit 407 are:
John Adams Middle School: GreatSchools Rating 7/10
Santa Monica High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $35,611 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1705 Ocean Ave Unit 407 has 2 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 1705 Ocean Ave Unit 407 is 1,570 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1705 Ocean Ave Unit 407 is 2014.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica904011705 Ocean Ave Unit 407

This home is located at 1705 Ocean Ave Unit 407 in Santa Monica, CA and zip code 90401 in the Downtown Santa Monica neighborhood. This 1,570 square foot home was built in 2014. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since September 13, 2024 and is currently priced at $2,595,000.

In October 2024, from all listings sold in Santa Monica, CA there were more than 22 sold above asking price, over 33 sold below and more than 7 were sold right at the asked price. Between September 2024 and October 2024, Santa Monica, CA real estate market has seen increase in the number of listings by 14%. In October 2024, listings were on the market for 41 days. During the same period, the median list price in this real estate market was $1,840,000.

From Rocket Homes Real Estate and based on county public records data.

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