140 Ocean Park Boulevard 419, Santa Monica, California 90405, Santa Monica, 90405 - 2 bed, 2 bath

140 Ocean Park Boulevard 419, Santa Monica, California 90405 home-pic-0
ACTIVE$1,699,999
140 Ocean Park Boulevard 419, Santa Monica, California 90405
2Beds
2Baths
1,427Sqft
196,225Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Beachfront Location: The property boasts an unparalleled beachfront location in Santa Monica, offering the ultimate coastal luxury and lifestyle.
Top Cons:
High Monthly Association Fee: The substantial monthly association fee of $1671.0 represents a significant ongoing cost that could impact affordability and buyer interest.

Compared to the nearby listings

Price:$1.70M vs avg $1.19M (+$514,999)71%
Size:1,427 sqft vs avg 1,328 sqft56%
Price/sqft:$1.2K vs avg $1.0K84%

More Insights

Built in 1987 (38 years old).
Condition: Despite being built in 1987, this property has undergone extensive and high-quality renovations, bringing it to a virtually new condition. The description highlights 'smart upgrades throughout' and 'modern sophistication,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, dark countertops, a stylish picket-tile backsplash, stainless steel KitchenAid appliances, and a farmhouse sink, all appearing brand new. Both bathrooms are impeccably updated with modern floating vanities, contemporary tiling, new fixtures, and glass enclosures, along with premium Toto toilet seats. The entire unit boasts consistent, modern wood-look flooring, recessed lighting, and smart home technology (Google Nest devices). There is no visible wear and tear, and all components meet current quality standards, indicating a recent, comprehensive renovation within the last 5 years.
Year Built
1987
Close
-
List price
$1.7M
Original List price
$1.79M
Price/Sqft
$1,191
HOA
$1,671
Days on market
-
Sold On
-
MLS number
25572543
Home ConditionExcellent
Features
Good View: Courtyard, Park/Greenbelt, Ocean
Deck
ViewCourtyard, Park/Greenbelt, Ocean

About this home

LOCATION, LOCATION, LOCATION! Experience the ultimate in coastal luxury at 140 Ocean Park Blvd, Unit #419. This beautifully appointed two-bedroom, two-bath residence seamlessly blends modern sophistication with the tranquility of beachfront living. Enjoy an array of resort-style amenities, including three spas, a heated pool, sun deck, fitness center, yoga and meditation room, extra storage, bicycle storage, visitor parking, sauna, steam room, and the peace of mind of a 24-hour guarded, gated community. Inside the unit, you'll find smart upgrades throughout: Google Nest doorbell, thermostat, and smoke detectors, 7-Gig fiber internet with hardwired connectivity in the den and living room via discreet cable raceways, and premium Toto toilet seats for added comfort and convenience. Welcome to your new beachfront sanctuary where luxury meets lifestyle.

Price History

Date
Event
Price
05/29/24
Sold
$1,735,000
10/24/19
Sold
$1,200,000
Condition Rating
Excellent

Despite being built in 1987, this property has undergone extensive and high-quality renovations, bringing it to a virtually new condition. The description highlights 'smart upgrades throughout' and 'modern sophistication,' which is strongly supported by the images. The kitchen features modern white shaker cabinets, dark countertops, a stylish picket-tile backsplash, stainless steel KitchenAid appliances, and a farmhouse sink, all appearing brand new. Both bathrooms are impeccably updated with modern floating vanities, contemporary tiling, new fixtures, and glass enclosures, along with premium Toto toilet seats. The entire unit boasts consistent, modern wood-look flooring, recessed lighting, and smart home technology (Google Nest devices). There is no visible wear and tear, and all components meet current quality standards, indicating a recent, comprehensive renovation within the last 5 years.
Pros & Cons

Pros

Prime Beachfront Location: The property boasts an unparalleled beachfront location in Santa Monica, offering the ultimate coastal luxury and lifestyle.
Extensive Resort-Style Amenities: Residents have access to a wide array of high-end amenities including three spas, a heated pool, sun deck, fitness center, yoga/meditation room, sauna, and steam room.
Enhanced Security and Privacy: The community provides peace of mind with 24-hour guarded, gated access, ensuring a secure living environment.
Modern Smart Home Upgrades: The unit features smart upgrades such as Google Nest doorbell, thermostat, smoke detectors, 7-Gig fiber internet, and premium Toto toilet seats, enhancing comfort and convenience.
Desirable Views: The property offers views of the courtyard, park/greenbelt, and ocean, contributing to a tranquil beachfront sanctuary experience.

Cons

High Monthly Association Fee: The substantial monthly association fee of $1671.0 represents a significant ongoing cost that could impact affordability and buyer interest.
Recent Price Reductions: Multiple price drops from the original listing suggest potential overpricing or challenges in attracting buyers at previous price points.
Condominium Living Constraints: As a condominium, the property may entail shared walls, potential noise, and adherence to HOA rules and regulations, which might not appeal to all luxury buyers seeking greater privacy or autonomy.

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