1705 Ocean 412, Santa Monica, California 90401, Santa Monica, 90401 - 1 bed, 2 bath

1705 Ocean 412, Santa Monica, California 90401 home-pic-0
ACTIVE$1,295,000
1705 Ocean 412, Santa Monica, California 90401
1Bed
2Baths
1,163Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Unbeatable Location: Situated directly across the street from the beach and within walking distance to Santa Monica's vibrant shops, restaurants, and Main Street, offering unparalleled access to coastal living and urban conveniences.
Top Cons:
High Monthly Association Fees: The substantial monthly association fee of $1,659.56 represents a significant ongoing cost that could impact affordability and buyer interest.

Compared to the nearby listings

Price:$1.29M vs avg $1.35M ($-57,500)50%
Size:1,163 sqft vs avg 1,419.5 sqft17%
Price/sqft:$1.1K vs avg $1.0K67%

More Insights

Built in 2014 (11 years old).
Condition: Built in 2014, this property falls within the 'built within 10 years' criteria for an excellent rating. The description highlights 'exquisite modern finishes' and a 'designer kitchen with high-end stainless steel appliances,' which is strongly supported by the images. The kitchen features contemporary flat-panel cabinetry, marble-look countertops and backsplash, and professional-grade stainless steel appliances. Bathrooms are equally modern with floating vanities, stylish tiling, and frameless glass showers. Hardwood flooring is consistent throughout the living areas and bedrooms. All visible components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance or physical depreciation. The overall aesthetic is sleek, luxurious, and move-in ready.
Year Built
2014
Close
-
List price
$1.29M
Original List price
$1.38M
Price/Sqft
$1,113
HOA
$1,659.56
Days on market
-
Sold On
-
MLS number
25498081
Home ConditionExcellent
Features
Good View: City Lights, Mountain(s), Ocean
Deck
ViewCity Lights,Mountain(s),Ocean

About this home

Experience luxury beachfront living at its finest. Designed by world-renowned Marmol Radziner, this spacious 1-bedroom condo, plus a versatile den (perfect for an office or extra room), features 1.5 baths and breathtaking views of the park, mountains, and partial ocean. The bright, open floor plan is enhanced by exquisite modern finishes, including a designer kitchen with high-end stainless steel appliances and breakfast bar. The master suite boasts a generous walk-in closet and an oversized soaking tub, offering a true retreat. Located across the street from the beach, and within walking distance to shops, restaurants, and Main Street, this residence places you in the heart of Santa Monica. The Waverly offers an unparalleled lifestyle with 24-hour doorman service, a full-time concierge, an Equinox-designed gym, and a stunning Sky Lounge. Come experience the best of Santa Monica living!

Condition Rating
Excellent

Built in 2014, this property falls within the 'built within 10 years' criteria for an excellent rating. The description highlights 'exquisite modern finishes' and a 'designer kitchen with high-end stainless steel appliances,' which is strongly supported by the images. The kitchen features contemporary flat-panel cabinetry, marble-look countertops and backsplash, and professional-grade stainless steel appliances. Bathrooms are equally modern with floating vanities, stylish tiling, and frameless glass showers. Hardwood flooring is consistent throughout the living areas and bedrooms. All visible components appear new or virtually new, reflecting current quality standards with no signs of deferred maintenance or physical depreciation. The overall aesthetic is sleek, luxurious, and move-in ready.
Pros & Cons

Pros

Unbeatable Location: Situated directly across the street from the beach and within walking distance to Santa Monica's vibrant shops, restaurants, and Main Street, offering unparalleled access to coastal living and urban conveniences.
Luxury Building Amenities: The Waverly provides an exclusive lifestyle with 24-hour doorman service, a full-time concierge, an Equinox-designed gym, and a stunning Sky Lounge, enhancing comfort and prestige.
Renowned Design & Modern Interiors: Designed by world-renowned Marmol Radziner, the condo features exquisite modern finishes, a designer kitchen with high-end stainless steel appliances, and a bright, open floor plan.
Panoramic Views: Offers breathtaking views of the park, mountains, and partial ocean, providing a serene backdrop and significantly contributing to the property's appeal and value.
Flexible Living Space: Includes a versatile den, perfect for an office or extra room, alongside a luxurious master suite boasting a generous walk-in closet and an oversized soaking tub.

Cons

High Monthly Association Fees: The substantial monthly association fee of $1,659.56 represents a significant ongoing cost that could impact affordability and buyer interest.
Single Bedroom Configuration: Despite the versatile den, the property is primarily a 1-bedroom unit, which may limit its appeal to buyers seeking more dedicated sleeping spaces, especially at this price point.
Recent Price Adjustment: The property has undergone a recent price reduction from its original list price, which could suggest a longer market time or initial overpricing, potentially raising questions for prospective buyers.

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