
Santa Monica, California 90402
This Luxury Oceanfront Residence is listed at $2,350,000, representing a stable acquisition compared to its $2,115,735 Fair Market Value. Boasting a Good Condition Rating, the unit features a Modern Kitchen and Panoramic Ocean Views that define coastal living. The property offers immediate access to elite Resort-Style Amenities including a swimmer's pool, sky lounge, and fitness center. Located within the top-rated Franklin Elementary School (9/10) boundary, this home provides an unparalleled lifestyle for Luxury Home Seekers or Owner-Occupants seeking a sophisticated beachside sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 101 Ocean Avenue F402 Subject | $2,350,000* List Price | 2 | 2 | 1,385 | $1,528 | - |
A 535 Ocean Avenue 5c Sold | $2,265,000 | 2 | 2 | 1,585 | $1,429 | 0.4 mi |
B 535 Ocean Avenue 8c Sold | $2,650,000 | 2 | 2 | 1,585 | $1,672 | 0.4 mi |
C 515 Ocean Avenue 303s Sold | $1,800,000 | 2 | 2 | 1,490 | $1,208 | 0.4 mi |
D 101 Ocean Avenue E501 Sold | $2,650,000 | 2 | 2 | 1,396 | $1,898 | - |
E 202 San Vicente Boulevard 6 Sold | $2,115,000 | 3 | 3 | 1,609 | $1,314 | 0.2 mi |
F 270 Palisades Beach Road 301 Sold | $2,150,000 | 2 | 2 | 1,590 | $1,352 | 0.1 mi |
G 201 Ocean Avenue 906p Active Under Contract | $1,995,000 List Price | 2 | 2 | 1,229 | $1,623 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
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.
Elementary School: Franklin Elementary School (9/10).
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.
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.
The association fee of $2,592.00 per month is exceptionally high, representing a significant ongoing cost of ownership that could deter some buyers.
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.
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.
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.
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 | 1,385 | 1,568 | 22% |
| Lot Size | 85,245 | 38,613.5 | 83% |
| Price | $2.35M | $2.13M | 61% |
| Price per sq ft | $1.7K | $1.4K | 72% |
| Built year | 1963 | 1976 | 28% |
| HOA | $2592.0 | $2.2K | 83% |
| Days on market | 83 | 206 | 17% |
Mar 28, 2026
$2,350,000
$2,495,000
-6% Price Drop
Initial Listing
Jan 29, 2026
$2,495,000
Initial Listing
Apr 10, 2012
$1,021,500
Public Record
Apr 5, 2007
$1,300,000
Public Record
Jun 9, 1999
$597,000
Public Record
Aug 13, 1997
$499,000
Public Record
Nov 13, 1995
$335,000
Public Record