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Backup Offers

201 Ocean Ave Unit 507P, Santa Monica, CA, 90402

$835,000

Home List Price

$9,916*

Closing Credit

1 Full Bath
515 SqFt
$1,621/SqFt
Condo

Location

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201 Ocean Ave Unit 507P, Santa Monica$835,000

Buyer Closing Credits

$9,916*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingCovered, Underground, Community Structure, Valet
Garage1 space
Year Built1971
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewOcean, Panoramic
MLS #24448345
Lot Size0.89 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 201 Ocean Ave Unit 507P

Experience resort-style luxury living at Ocean Towers in Santa Monica, where breathtaking Pacific Ocean views define every moment. Perched just north of the PCH, this DESIGNER DONE AND VERY RARE elevated studio showcases some of the most coveted views of the Malibu coastline. From the expansive balcony, you'll be enveloped by stunning sunset vistas. Imagine starting your day with a stroll on the beach, or exercising on the famed Santa Monica Stairs just around the corner! Inside, is where the unit shines! The sophisticated upgrades elevate the space with close to $100,000 invested. Revel in the beauty of 7.5" Belgian oak floors, a sleek Fisher & Paykel induction range and refrigerator, and custom California Closets that maximize storage. The kitchen and bathroom feature elegant white quartz counters, while the luxurious bathroom is adorned with a limestone shower, Waterjet marble bath flooring, and a Waterworks plumbing shower system. Custom Apparatus light fixtures provide a modern finishing touch to this meticulously designed home your new residence will feel like living in a five-star luxury hotel! At 201 Ocean Ave, coastal living is effortlessly refined. Ocean Towers offers full-service amenities, including 24/7 valet, dedicated front desk staff, a pool, steam room, and well-appointed meeting facility. Just moments from world-class dining, high-end shopping, and the iconic Santa Monica Pier, this residence seamlessly blends convenience with the Southern California lifestyle. Ocean Towers redefines coastal living with a perfect mix of luxury, comfort, and location, making it the ultimate place to call home. Enjoy your evening unwinding as the ocean breeze drifts through your home.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1971
  • Stories: 0
  • Living Area: 515 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sebastian Wolski

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Interior: Dressing Area, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Ocean, Panoramic

Parking Information:

  • Garage Space: 1 space
  • Parking: Covered, Underground, Community Structure, Valet

Virtual/3D Tour

  • 3D Tour: 201 Ocean Ave Unit 507P
3D Tour

Lot Features

Lot Information:

  • Lot Size: 0.89 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: San Vicente and Ocean Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $835,000
  • Price Per SqFt: $1,621/SqFt

HOA Fees:

  • Amount: $869
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,040
  • Tax Year: 2021
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Housing Market Comparison

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

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Santa Monica, CA

City

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,106

Avg. Days On Market

41

# of Sold Homes

62

201 Ocean Ave Unit 507P vs Santa Monica

49 DAYS ON ROCKET

+8 Days

$835,000

-$1.0M Less

$1,621/SqFt

+$515 More

KEY TAKEAWAY

This property is $1.0M less than the Median Sold Price and $515/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: #24448345

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sebastian Wolski

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: 11/21/2024, 2:20:59 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$6,040$483,493
2020$5,927$478,536
2019$5,592$469,154
2018$5,559$459,956
2017$5,559$450,938

History based on county public records data.

Payment Calculator

$5,104

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,570

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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-326703
8
/10

  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.35 miles

  • Public Charter Grades KG-5

school-card-donut-326704
7
/10

  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.75 miles

  • Public District Grades KG-5

school-card-donut-326705
8
/10

  • Palisades Charter Elementary

  • 800 Via De La Paz

  • 1.50 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,052. Typical income of Santa Monica, CA residents is between $35k-100k annually. 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 201 Ocean Ave Unit 507P

What is the listing price of this property?

The listing price of 201 Ocean Ave Unit 507P property is $835,000.

What type of property is this?

The property 201 Ocean Ave Unit 507P is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Accepting Backup Offers: 201 Ocean Ave Unit 507P is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 201 Ocean Ave Unit 507P has 1 bathroom..

What is the square footage of this property?

The property 201 Ocean Ave Unit 507P is 515 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Ocean Ave Unit 507P is 1971.

Rocket Homes›California›Los Angeles County›Santa Monica›90402›201 Ocean Ave Unit 507P

This home is located at 201 Ocean Ave Unit 507P in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 515 square foot home, which was built in 1971, sits on a 0.89 acre lot. Features: 1 bathroom. It has been listed on Rocket Homes since October 03, 2024 and is currently priced at $835,000.

Santa Monica, CA housing market in October 2024 saw over 22 listings sold above listed price, more than 7 sold at listed price and over 33 sold below. 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 median list price was $1,840,000 and the average listing age was 41 days.

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

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