
Santa Monica, California 90401
This Sophisticated Coastal Residence at The Waverly represents a Strong Value Opportunity, listed at $2,749,000—positioned well below the $2,953,158 Fair Market Value by 6%. This valuation gap offers $204,158 in Instant Equity for the discerning buyer. Featuring an Excellent Condition Rating, the home showcases Marmol Radziner interiors and wide-plank hardwood floors. With its prime Ocean Avenue location and peek-a-boo ocean views, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a luxury, turnkey coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1705 Ocean Avenue 307 Subject | $2,749,000* List Price | 2 | 2 | 1,660 | $1,779 | - |
A 1755 Ocean Avenue 514 Sold | $2,875,000 | 2 | 2 | 1,570 | $1,831 | 0.1 mi |
B 1755 Ocean Ave 805 Active | $2,150,000 List Price | 2 | 2 | 1,470 | $1,463 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2014 and featuring recently refinished wide-plank hardwood floors, this property is in mint condition. The high-end Marmol Radziner interiors, modern kitchen with premium appliances, and marble-appointed bathrooms require no maintenance and reflect a luxury, move-in-ready state.
Designed by renowned architects Moore Ruble Yudell with interiors by Marmol Radziner, this residence offers a high level of design sophistication and brand value within the prestigious Waverly building.
Situated on Ocean Avenue, the property provides unparalleled access to the beach, Santa Monica Pier, Palisades Park, and high-end dining and shopping on Montana Avenue.
The unit features a desirable open-concept floor plan, recently refinished wide-plank hardwood floors, and luxury marble-appointed bathrooms, offering a move-in-ready experience.
The monthly association fee of approximately $1,794 is significant, which may impact the total cost of ownership and appeal to budget-conscious investors.
While the property is on Ocean Avenue, the ocean and pier views are described as 'peek-a-boo' and framed by trees, which may not satisfy buyers seeking unobstructed panoramic vistas.
Combining architectural pedigree, ocean views, and one of the most desirable floor plans in the building, this sophisticated home at The Waverly embodies effortless coastal luxury. The light-filled 2-bedroom, 2-bath corner unit residence spans approximately 1,660 square feet and features expansive windows that frame a lush treescape. There are also peek-a-boo views from the dining area and balcony of the Pacific Ocean and the iconic Santa Monica Pier Ferris wheel. At the heart of the home, the beautifully appointed kitchen features a generous breakfast bar and opens seamlessly to the spacious living and dining areas, creating an ideal setting for both everyday living and entertaining. The thoughtfully designed floor plan creates a wonderful sense of openness throughout, complemented by the beautifully conceived interiors by Marmol Radziner. The expansive primary suite offers a luxurious retreat with a spacious marble-appointed bath, while the secondary bedroom features an ensuite bath and private balcony. Recently refinished wide-plank hardwood floors extend throughout the residence, enhancing the home's refined coastal aesthetic. Designed by renowned architects Moore Ruble Yudell, the Waverly offers a sought-after lock-and-leave lifestyle with concierge services. Ideally located on Ocean Avenue, moments from the beach, Palisades Park, Montana Avenue, the famous Santa Monica Farmers Market, Venice, Pacific Coast Highway, and the 10 Freeway, this home places the very best of coastal living at your doorstep. Whether as a primary residence, pied-a-terre, or investment property, unit 307 represents one of the most compelling ownership opportunities currently available at The Waverly.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,660 | 1,346 |
| Lot Size | 40,866 | 7,869 |
| Price | $2.75M | $1.33M |
| Price per sq ft | $1.7K | $977 |
| Built year | 2014 | 1978 |
| HOA | $1793.76 | $500 |
| Days on market | 28 | 57 |
Jun 24, 2026
$2,749,000
Initial Listing