5 months on rocket

1705 Ocean Ave Unit 501, Santa Monica, CA, 90401

$5,299,000

3 Bedrooms
3 Full Baths
2,399 SqFt
$2,209/SqFt
Condo

Location

Image provided by Mapbox

Property Highlights

Home TypeCondominium
ParkingControlled Entrance, Covered, Community Structure, Side By Side
HeatingCentral
CoolingCentral Air
FireplaceLiving Room
ViewCity Lights, Mountain(s), Ocean, Water
MLS #24405240
StatusActive

About 1705 Ocean Ave Unit 501

Stunning crown jewel of the prestigious modern residences of The Waverly at Ocean Avenue, designed by world renowned Marmol Radziner. Luxurious west ocean facing 5th floor corner unit with panoramic 270 degrees of ocean views from every room, including breathtaking views from private showcase outdoor deck that wraps all the way around all three sides of one of the largest and finest residences in the building. Custom upgrades and move in ready, come enjoy the elegant design and fine finishes. Includes personal Tesla charging station in two side by side parking spaces. Building amenities include 24 hour concierge, gym, pet spa, Starbucks, and 5th floor Sky Bridge Lounge- an entertainment retreat with kitchen, fireplace, BBQ & stunning ocean views. Located in the heart of Santa Monica, moments from Santa Monica Pier, Main St, 3rd Street Promenade. Also available for lease at $18,000 per month.

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Stories: 6
  • Living Area: 2,399 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 325-5000
  • Listing Agent: Antonia Mollica

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s), Ocean, Water

Parking Information:

  • Parking: Controlled Entrance, Covered, Community Structure, Side By Side

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Corner of Ocean Ave and Olympic

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,299,000
  • Price Per SqFt: $2,209/SqFt

HOA Fees:

  • Amount: $1826
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $61,794
  • 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

33

# of Sold Homes

39

1705 Ocean Ave Unit 501 vs Santa Monica

163 DAYS ON ROCKET

+130 Days

$5,299,000

+$3.4M More

$2,209/SqFt

+$1.1K More

KEY TAKEAWAY

This property is $3.4M more than the Median Sold Price and $1.1K/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: #24405240

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 325-5000
  • Listing Agent: Antonia Mollica

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: 12/3/2024, 1:20:58 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$61,794$5,351,758

History based on county public records data.

Payment Calculator

$28.3K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$15.9K

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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.

Nearby Schools

school-card-donut-3522896
6
/10
  • Will Rogers Learning Community

  • 2401 14th St

  • 1.19 miles

  • Public District Grades KG-5

school-card-donut-3522897
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 1.36 miles

  • Public District Grades KG-5

school-card-donut-3522898
7
/10
  • McKinley Elementary School

  • 2401 Santa Monica Blvd

  • 1.71 miles

  • Public District Grades KG-5

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 501

What is the listing price of this property?

The listing price of 1705 Ocean Ave Unit 501 property is $5,299,000.

What type of property is this?

The property 1705 Ocean Ave Unit 501 is a condo located in Santa Monica, California, 90401.

Is this property for sale now?

Active Listing: 1705 Ocean Ave Unit 501 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $61,794 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1705 Ocean Ave Unit 501 has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1705 Ocean Ave Unit 501 is 2,399 SqFt (source: MLS/tax record).
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Rocket HomesCaliforniaLos Angeles CountySanta Monica904011705 Ocean Ave Unit 501

This home is located at 1705 Ocean Ave Unit 501 in Santa Monica, CA and zip code 90401 in the Downtown Santa Monica neighborhood. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since June 22, 2024 and is currently priced at $5,299,000.

While more than 12 listings in Santa Monica, CA in November 2024 were sold above asking price, there were more than 3 listings sold at asking price, and more than 24 were sold below. In November 2024 in Santa Monica, CA there were 4.4% less homes for sale than in October 2024. The median list price of listings available in November 2024 was $1,898,147, while the average time on the real estate market was 33 days.

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

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