
Santa Monica, California 90402
This Turnkey Coastal Residence is a Strong Value Opportunity, listed at $2,199,000—positioned above the $2,037,069 Fair Market Value. While priced at a premium, the property features an Excellent Condition Rating with high-end custom renovations, including a marble-clad kitchen and expansive dual-patio outdoor living. Located in a premier Santa Monica building with five-star amenities and proximity to Franklin Elementary (9/10), this home offers a sophisticated lifestyle. It is an ideal acquisition for discerning professionals or owner-occupants seeking a move-in ready sanctuary steps from the Pacific.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Ocean Avenue F301 Subject | $2,199,000* List Price | 2 | 2 | 1,253 | $1,626 | - |
A 101 Ocean Avenue E501 Sold | $2,650,000 | 2 | 2 | 1,396 | $1,898 | 0.0 mi |
B 201 Ocean Avenue 906p Sold | $1,800,000 | 2 | 2 | 1,229 | $1,465 | 0.1 mi |
C 201 Ocean Avenue 1206p Sold | $1,560,000 | 2 | 2 | 1,229 | $1,269 | 0.1 mi |
D 535 Ocean Avenue 8c Sold | $2,650,000 | 2 | 2 | 1,585 | $1,672 | 0.4 mi |
E 201 Ocean Avenue 609p Sold | $2,650,000 | 3 | 3 | 1,566 | $1,692 | 0.1 mi |
F 202 San Vicente Boulevard 6 Sold | $2,115,000 | 3 | 3 | 1,609 | $1,314 | 0.2 mi |
G 101 Ocean Avenue F402 Active Under Contract | $2,350,000 List Price | 2 | 2 | 1,385 | $1,697 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone a high-end custom renovation within the last 5 years, featuring a modern kitchen with marble countertops, a slab stone island, and premium stainless steel appliances. The interior shows mint condition hardwood floors, updated recessed lighting, and modern HVAC integration, while the building amenities have been 'freshly reimagined,' requiring no maintenance.
Elementary School: Franklin Elementary School (9/10).
This unit offers the most outdoor entertaining space in the building, featuring both a front balcony with ocean views and a sprawling east-side patio with built-in seating.
Managed by hospitality professionals, the building provides luxury services including a 24-hour front desk, sky lounge, fitness center, yoga studio, and reimagined grounds with a pool and organic gardens.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
The monthly association fee of $2,320 is significant, which may be a deterrent for buyers sensitive to high recurring non-mortgage expenses.
Built in 1963, the building's underlying infrastructure and original architectural constraints may not offer the same modern efficiencies or ceiling heights as newer luxury constructions.
Experience the pinnacle of modern coastal living in this custom 2-bedroom, 2-bathroom residence at 101 Ocean Ave, one of Santa Monica's most iconic buildings. Framed by ocean views and lush verdant surroundings, floor-to-ceiling windows throughout create a serene, garden-like atmosphere that feels worlds away from the city while remaining steps from the sand. The generously scaled living and kitchen combination is anchored by bespoke built-ins, custom glass cabinetry, and a kitchen featuring marble countertops, wine display, and slab stone island. No unit in the building offers more outdoor entertaining space than this one, combining a front balcony with ocean views, and a sprawling east-side patio complete with built-in seating, making it an exceptional setup for hosting or simply enjoying the coastal air. Hardwood floors carry through both bedrooms, each with private deck access. The building is managed by five-star hospitality professionals, and features a 24-hour front desk and freshly reimagined grounds including pool and spa, multiple curated seating areas, an outdoor kitchen with BBQ and pizza oven, a full fitness center, yoga studio, dog park, organic gardens, and a sky lounge with sweeping Pacific views. Steps from the sand and within easy reach of Giorgio Baldi, Golden Bull, Canyon Square, Montana Avenue, and downtown Santa Monica, this is a rare convergence of privacy, craftsmanship, and location.
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades PK-5 • 2.0 mi
Grades K-5 • 2.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,253 | 1,490 | 30% |
| Lot Size | 85,245 | 38,619 | 83% |
| Price | $2.20M | $2.10M | 57% |
| Price per sq ft | $1.8K | $1.4K | 70% |
| Built year | 1963 | 1971 | 30% |
| HOA | $2320.0 | $2.1K | 74% |
| Days on market | 16 | 188 | 9% |
May 29, 2026
$2,199,000
Initial Listing
Mar 23, 2015
$1,298,000
Public Record
Dec 27, 2012
$950,500
Public Record
Oct 6, 2004
$860,000
Public Record