new - 1 day on rocket

535 Ocean Ave Unit 5B, Santa Monica, CA, 90402

$4,980,000

2 Bedrooms
2 Full Baths
1,781 SqFt
$2,796/SqFt
Condo

Location

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Property Highlights

Home TypeCondominium
ParkingControlled Entrance, Underground, Community Structure
Garage2 spaces
Year Built1963
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Other, Mountain(s), Ocean
MLS #24463595
Lot Size0.52 Acres
StatusActive

About 535 Ocean Ave Unit 5B

This stunning, front-facing luxury condominium offers breathtaking white water and park views. Located on the 5th floor of the prestigious Oceanaire building, designed by renowned architect A. Quincy Jones, the residence boasts an open floor plan with walls of glass and floor-to-ceiling sliding doors that open onto an expansive wraparound balcony. No expense was spared in its interior design, featuring European oak flooring, Birdseye maple cabinetry, custom lighting, designer marble-lined bathrooms, and a chef's kitchen with top-of-the-line Gaggenau appliances and exquisite finishes.Residents of the Oceanaire enjoy a range of premium amenities, including an elegant lobby, a fitness facility, a conference room, a tranquil Zen Garden with a fire pit, and 24-hour doorman service. This prime Santa Monica location is conveniently near the Third Street Promenade, dining along Ocean Avenue, the shops of Montana Avenue, and Palisades Park.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1963
  • Stories: 13
  • Living Area: 1,781 SqFt

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 400-5900
  • Listing Agent: Chris Hicks

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 2 spaces
  • Parking: Controlled Entrance, Underground, Community Structure

Lot Features

Lot Information:

  • Lot Size: 0.52 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: North of Montana Ave, corner of Ocean Ave and Alta Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $4,980,000
  • Price Per SqFt: $2,796/SqFt

HOA Fees:

  • Amount: $2166
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $21,926
  • 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

535 Ocean Ave Unit 5B vs Santa Monica

1 DAY ON ROCKET

-40 Days

$4,980,000

+$3.1M More

$2,796/SqFt

+$1.6K More

KEY TAKEAWAY

This property is $3.1M more than the Median Sold Price and $1.6K/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: #24463595

Listing Office:

  • Office Name: The Agency
  • Office Phone: (424) 400-5900
  • Listing Agent: Chris Hicks

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: 11/17/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 06, 2001Home Sold
$1,345,000

Tax History

YEARPROP. TAXASSESSMENT
2021$21,926$1,835,644
2020$21,559$1,816,823
2019$20,303$1,781,200
2018$20,219$1,746,276
2017$20,219$1,712,037

History based on county public records data.

Payment Calculator

$27K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$14.9K

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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-391915
8
/10
  • Canyon Charter Elementary

  • 421 Entrada Dr

  • 0.53 miles

  • Public Charter Grades KG-5

school-card-donut-391916
7
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.57 miles

  • Public District Grades KG-5

school-card-donut-391917
9
/10
  • Franklin Elementary School

  • 2400 Montana Ave

  • 1.75 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,052. Residents of Santa Monica, CA typically earn between $35k-100k each year. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 535 Ocean Ave Unit 5B

What is the listing price of this property?

The listing price of 535 Ocean Ave Unit 5B property is $4,980,000.

What type of property is this?

The property 535 Ocean Ave Unit 5B is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 535 Ocean Ave Unit 5B 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 $21,926 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 6, 2001 for $1,345,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 535 Ocean Ave Unit 5B has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 535 Ocean Ave Unit 5B is 1,781 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 535 Ocean Ave Unit 5B is 1963.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90402535 Ocean Ave Unit 5B

This home is located at 535 Ocean Ave Unit 5B in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 1,781 square foot home, which was built in 1963, sits on a 0.52 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $4,980,000.

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. The number of listings in Santa Monica, CA increased by 14% between September 2024 and October 2024. 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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