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

101 Ocean Avenue F402, Santa Monica, California 90402 home-pic-0

101 Ocean Avenue F402

Santa Monica, California 90402

ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,385Sq Ft
85,245Lot Size

Property Price

LIST PRICE$2,495,000

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

Good
TeardownExcellent

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

8/10

Franklin Elementary School

Grades PK-5 • 2.0 mi

9/10

Brentwood Science School

Grades K-5 • 2.9 mi

5/10

Sensitive Facilities

No sensitive facilities data found.

Neighborhood Comparison

FeatureSubjectAverage HomeNeighborhood Ranking (50 Listings)
Beds2.02.0
50%
Baths2.02.0
50%
Square foot1,3851,536
39%
Lot Size85,24532,778
89%
Price$2.50M$2.07M
67%
Price per sq ft$1.8K$1.4K
78%
Built year19631973
22%
HOA$2592.0$1.7K
78%
Days on market36185
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

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