101 Ocean Avenue F402, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 2 bath

101 Ocean Avenue F402
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 101 Ocean Avenue F402, Santa Monica, California 90402 is currently available with a list price of $2,495,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property, built in 1963, presents as move-in ready with no immediate renovation required. The kitchen features white shaker-style cabinets, granite countertops, and high-end stainless steel appliances (like the built-in refrigerator), suggesting a renovation within the last 10-15 years, though the fluorescent lighting is a bit dated. The bathrooms appear more recently updated, with a modern freestanding tub, wood-tone vanity, and contemporary tiling. Hardwood floors are present throughout the main living areas and bedroom, and the overall unit is clean and well-maintained. While not 'newly built' or 'extensively renovated within 5 years,' the unit's condition aligns with the 'good' criteria of being extensively renovated within 5 to 15 years, with well-maintained systems and minimal wear and tear.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Unbeatable Oceanfront Location
Situated on Ocean Avenue in Santa Monica, this property offers a prime, highly sought-after location with direct access to the beach and the vibrant city amenities.
- Exceptional Ocean Views
The unit boasts 'one of the best ocean views in LA,' with public areas and an outdoor patio directly facing the Pacific Ocean, providing a stunning backdrop.
CONSRISKS & DEFICIENCIES
- Substantial Monthly Association Fees
The association fee of $2,592.00 per month is exceptionally high, representing a significant ongoing cost of ownership that could deter some buyers.
- Building Age & Potential for Dated Interiors
Built in 1963, while common amenities are renovated, the unit's interior beyond the kitchen might require further updates to fully align with modern luxury standards, potentially incurring additional renovation costs.
- Ambiguity of Ocean View Quality
The property's view is described as 'Ocean, Peek-A-Boo,' which, despite claims of 'best ocean views,' could imply that some views are partially obstructed or not fully panoramic, potentially managing buyer expectations.
About 101 Ocean Avenue F402
Wonderful opportunity to live in one of the most conveniently located, most sought after landmark condo buildings in Santa Monica. The building is a bridge to the city of Santa Monica and the Canyon providing easy access to the beach and city. The single-floor unit is accessed by an elevator offering one of the best ocean views in LA. Two bedrooms, two bathrooms, including the luxurious main bedroom suite, plus a fantastic cooks kitchen open to the dining area and living room. The public areas all face and relate to the outdoor patio and the views of the Pacific Ocean. The building offers multiple upscale amenities, including a newly renovated swimmer's pool, spa, outdoor kitchen, and sky lounge for entertaining. Additional features include a yoga studio, state-of-the-art fitness center, organic garden, a grassy dog run and direct beach access. There is 24-hour security, assigned parking, in-unit laundry making it a resort like environment.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 85,245 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2592.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.9 mi
Franklin Elementary School
Grades PK-5 • 2.0 mi
Brentwood Science School
Grades K-5 • 2.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,385 | 1,536 | 39% |
| Lot Size | 85,245 | 32,778 | 89% |
| Price | $2.50M | $2.07M | 67% |
| Price per sq ft | $1.8K | $1.4K | 78% |
| Built year | 1963 | 1973 | 22% |
| HOA | $2592.0 | $1.7K | 78% |
| Days on market | 36 | 185 | 6% |
Pricing History
Listed for Sale
Jan 29, 2026
$2,495,000
Initial Listing
Sold
Apr 10, 2012
$1,021,500
Public Record
Sold
Apr 5, 2007
$1,300,000
Public Record
Sold
Jun 9, 1999
$597,000
Public Record
Sold
Aug 13, 1997
$499,000
Public Record
Sold
Nov 13, 1995
$335,000
Public Record
























