18 days on rocket

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

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

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

Buyer Closing Credits

$9,916*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

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
StatusActive

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

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Roosevelt Elementary School, Public District Grades KG-5

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
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Med. Sold Price

$1.8M

Med. Price/SqFt

$1,108

Avg. Days On Market

38

# of Sold Homes

36

201 Ocean Ave Unit 507P vs Santa Monica

18 DAYS ON ROCKET

-20 Days

$835,000

-$993.3K Less

$1,621/SqFt

+$513 More

KEY TAKEAWAY

This property is $993.3K less than the Median Sold Price and $513/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: 10/22/2024, 8:20:52 AM 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

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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.

Elementary School

school-card-donut-503941
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-503942
8
/10
  • Lincoln Middle School

  • 1501 California Ave

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-503943
9
/10
  • Santa Monica High School

  • 601 Pico Blvd

  • 1.97 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,052. Most Santa Monica, CA residents have annual incomes between $35k-100k. 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?

Active Listing: 201 Ocean Ave Unit 507P is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 201 Ocean Ave Unit 507P are:
Roosevelt Elementary School: GreatSchools Rating 7/10
Lincoln Middle School: GreatSchools Rating 8/10
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 $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 HomesCaliforniaLos Angeles CountySanta Monica90402201 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.

Over 13 listings were sold over their listed price in September 2024 in Santa Monica, CA. In the same period over 17 listings were sold below the listed price and 6 listings were sold for the listed price. Between August 2024 and September 2024, Santa Monica, CA real estate market has seen increase in the number of listings by 19.8%. In September 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,828,333.

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

More Resources