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101 California Avenue 901, Santa Monica, California 90403, Santa Monica, 90403 - 2 bed, 2 bath

101 California Avenue 901, Santa Monica, California 90403 home-pic-0
ACTIVE$2,250,000
101 California Avenue 901, Santa Monica, California 90403
2Beds
2Baths
1,232Sqft
18,751Lot

Price Vs. Estimate

The estimated value ($2,338,525.82) is $88,525.82 (3%) higher than the list price ($2,250,000). This property may be underpriced.

Key pros and cons

Top Pros:
Panoramic Ocean Views: The property boasts spectacular head-on ocean views with nightly sunsets and sweeping coastline panoramas from its 9th-floor front unit, a highly desirable feature in Santa Monica.
Top Cons:
High Monthly HOA Fee: The association fee of $1,723.88 per month is substantial, which could impact affordability and long-term ownership costs, despite the inclusions.

Compared to the nearby listings

Price:$2.25M vs avg $1.33M (+$920,000)84%
Size:1,232 sqft vs avg 1,394 sqft36%
Price/sqft:$1.8K vs avg $1.0K98%

More Insights

Built in 1964 (61 years old).
Condition: Despite being built in 1964, the property has been 'beautifully remodeled throughout' as stated in the description, which is strongly supported by the images. The kitchen features modern shaker-style cabinets, stainless steel appliances, and granite countertops. Both bathrooms are extensively updated with contemporary vanities, fixtures, tiling, and glass-enclosed showers, appearing virtually new. Hardwood floors, recessed lighting, and modern light fixtures are present throughout, indicating a comprehensive and recent renovation that meets current quality standards.
Year Built
1964
Close
-
List price
$2.25M
Original List price
$2.25M
Price/Sqft
$1,826
HOA
$1,723.88
Days on market
-
Sold On
-
MLS number
25596607
Home ConditionExcellent
Features
Excellent View: City Lights, Coastline, Mountain(s), Ocean, Panoramic
Deck
ViewCity Lights,Coastline,Mountain(s),Ocean,Panoramic

About this home

Available for both lease and sale! Experience spectacular head-on ocean views with nightly sunsets and sweeping coastline panoramas from this gorgeous 9th-floor front unit in one of Santa Monica's most coveted addresses. Beautifully remodeled throughout, the residence offers 2 bedrooms and 2 bathrooms across 1,232 SF of living space, featuring hardwood floors, recessed lighting, built-ins, and new window treatments add elegance and comfort. Step inside to a bright, welcoming entry that opens to a spacious living area with a balcony, perfect for soaking in the coastline breeze. The living room flows seamlessly to a modern kitchen with stainless steel appliances, granite countertops, a breakfast bar, and ample cabinetry - ideal for cooking and entertaining. The primary bedroom is a serene retreat, featuring an ensuite bathroom with dual sinks and a walk-in closet. The second bedroom offers flexibility for guests, an office, or a creative space, complemented by a full guest bathroom and closet. Located across the street from the beach and moments from 3rd Street Promenade, bike paths, shops, and restaurants, with Montana Avenue's boutiques and cafes nearby. HOA includes utilities, internet, and basic cable.

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.6mi
9/10
Franklin Elementary School
Public,•PK-5•1.8mi
8/10
Lincoln Middle School
Public,•6-8•1.0mi
8/10
Santa Monica High School
Public,•9-12•1.1mi

Price History

Date
Event
Price
05/30/00
Sold
$640,000
08/25/16
Sold
$1,950,000
Condition Rating
Excellent
Despite being built in 1964, the property has been 'beautifully remodeled throughout' as stated in the description, which is strongly supported by the images. The kitchen features modern shaker-style cabinets, stainless steel appliances, and granite countertops. Both bathrooms are extensively updated with contemporary vanities, fixtures, tiling, and glass-enclosed showers, appearing virtually new. Hardwood floors, recessed lighting, and modern light fixtures are present throughout, indicating a comprehensive and recent renovation that meets current quality standards.
Pros & Cons

Pros

Panoramic Ocean Views: The property boasts spectacular head-on ocean views with nightly sunsets and sweeping coastline panoramas from its 9th-floor front unit, a highly desirable feature in Santa Monica.
Prime Coastal Location: Located directly across the street from the beach and moments from 3rd Street Promenade, bike paths, shops, restaurants, and Montana Avenue's boutiques, offering unparalleled walkability and access to amenities.
Modern & Remodeled Interiors: The residence has been beautifully remodeled throughout, featuring hardwood floors, recessed lighting, built-ins, new window treatments, and a modern kitchen with stainless steel appliances and granite countertops.
Comprehensive HOA Benefits: The HOA fee includes utilities, internet, and basic cable, simplifying monthly expenses and adding value for residents.
Flexible Availability: The property is available for both lease and sale, offering versatility for potential buyers or investors looking for immediate rental income potential.

Cons

High Monthly HOA Fee: The association fee of $1,723.88 per month is substantial, which could impact affordability and long-term ownership costs, despite the inclusions.
Building Age: Built in 1964, the building is older, which may raise concerns about potential future maintenance, infrastructure updates, or special assessments for common areas, despite the unit's remodel.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., air conditioning), which could be a drawback for some buyers, particularly during warmer periods.

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