
Santa Monica, California 90403
This Turnkey Ocean-View Condominium is a High-Potential Investment Opportunity, listed at $1,350,000—positioned above the $1,257,133 Fair Market Value. While priced at a premium, the unit features a Mint Condition Rating following a high-quality modern renovation. Highlights include direct ocean views from both bedrooms, a private balcony, and a 24-hour doorman. Located near top-rated schools like Franklin Elementary, this residence offers a sophisticated coastal lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premium, move-in ready Santa Monica sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 California Avenue 206 Subject | $1,350,000* List Price | 2 | 2 | 1,077 | $1,167 | - |
A 101 California Avenue 1006 Sold | $1,290,000 | 1 | 2 | 1,077 | $1,198 | 0.0 mi |
B 930 3rd Street 305 Sold | $1,425,000 | 2 | 2 | 1,283 | $1,111 | 0.2 mi |
C 1133 9th Street 202 Sold | $1,440,000 | 2 | 2 | 1,410 | $1,021 | 0.6 mi |
D 1133 9th Street 102 Sold | $1,513,000 | 2 | 2 | 1,410 | $1,073 | 0.6 mi |
E 1024 5th Street 3 Pending | $992,500 List Price | 2 | 2 | 945 | $1,050 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building dates to 1964, the unit has undergone a high-quality, modern renovation within the last 5 years. The kitchen is fully updated with stainless steel KitchenAid appliances, stone countertops, and shaker cabinetry. The interior features contemporary wide-plank hardwood flooring, recessed lighting, and updated bathrooms with dual vanities and stone finishes, presenting in mint, move-in ready condition.
Elementary School: Franklin Elementary School (9/10).
Situated just steps from the beach, Third Street Promenade, and world-class dining, this property offers an unbeatable walkscore in the heart of Santa Monica.
Rare for this layout, both bedrooms and the main living area feature direct water views, significantly increasing the unit's desirability and long-term value.
The monthly HOA fee of $1,505.71 is substantial for a 1,077 sqft unit and may impact the overall affordability for some buyers.
Constructed in 1964, the building may lack some of the modern infrastructure and energy-efficient features found in newer luxury developments.
Experience bright, ocean-view living at Santa Monica Bay Tower, 101 California Ave a light and open two-bedroom residence where both rooms enjoy views of the water. The primary suite features an ensuite bath with a separate shower and soaking tub, dual vanities, and ample built-ins, while the secondary bedroom is equally light and open with ocean views of its own. The second bathroom, off the entrance, features stone countertops, and the open living and dining area flows into an updated, light kitchen with a pass-through bar, KitchenAid range, dishwasher, and fridge. A balcony off the living room offers ocean views, perfect for morning coffee or evening unwinding. Set within a 24-hour doorman building, the home is just steps from world-class dining, Third Street Promenade, Santa Monica Place and downtown Santa Monica, movie theaters, the farmers market, Equinox, yoga studios, parks, the beach, and the bike path an unbeatable Santa Monica location.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades PK-5 • 1.8 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,077 | 1,346 |
| Lot Size | 18,751 | 7,869 |
| Price | $1.35M | $1.33M |
| Price per sq ft | $1.3K | $977 |
| Built year | 1964 | 1978 |
| HOA | $1505.71 | $500 |
| Days on market | 5 | 57 |
Jul 17, 2026
$1,350,000
Initial Listing
Apr 4, 2017
$1,365,000
Public Record
Jan 15, 2016
$1,049,000
Public Record
Apr 16, 1998
$288,000
Public Record