1705 Ocean Avenue 312, Santa Monica, California 90401, Santa Monica, 90401 - 1 bed, 2 bath
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Santa Monica, California 90401
This Luxury Condominium at The Waverly represents a Strong Value Opportunity, listed at $1,199,000—positioned slightly above the $1,120,786 Fair Market Value. While not a discount play, the property offers exceptional stability in a premier coastal market. Featuring a Marmol Radziner design, chef's kitchen, and serene park views, the unit maintains a Good Condition Rating. With high-end amenities like a 24-hour concierge and rooftop Skybridge, this residence provides a sophisticated lifestyle. It is an ideal acquisition for Luxury Lifestyle Seekers or Owner-Occupants desiring a turnkey, full-service beachfront home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1705 Ocean Avenue 312 Subject | $1,199,000* List Price | 1 | 2 | 1,160 | $966 | - |
A 1755 Ocean Avenue 308 Sold | $1,200,000 | 1 | 2 | 1,168 | $1,027 | 0.1 mi |
B 1531 12th Street 1 Sold | $1,099,000 | 2 | 2 | 1,109 | $991 | 0.8 mi |
C 1218 9th Street 8 Sold | $1,050,000 | 2 | 2 | 1,260 | $833 | 0.8 mi |
D 1705 Ocean Ave Active | $1,299,000 List Price | 2 | 2 | 1,439 | $903 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014, the property is approximately 12 years old, placing it in the 10-20 year 'Good' category. The unit features high-end Marmol Radziner design, a chef's kitchen, and spa-inspired bathrooms that appear well-maintained and fully move-in ready.
Situated at the prestigious Waverly on Ocean Avenue, the property offers an unparalleled lifestyle with immediate proximity to Tongva Park, the beach, and Santa Monica's premier dining and shopping districts.
The residence provides a high-end hotel experience with 24-hour concierge, a fitness center, a pet spa, and a rooftop Skybridge Lounge featuring panoramic ocean views and outdoor entertaining spaces.
Designed by Marmol Radziner, the unit features a versatile den and modern open-concept layout, complemented by the rare convenience of two side-by-side parking spaces in a secure garage.
The monthly HOA fee of $1,665.85 is significant and may be a deterrent for buyers sensitive to high fixed monthly expenses despite the luxury services included.
With only one primary bedroom, the property may have a narrower buyer pool, specifically excluding small families or those requiring multiple private guest rooms.
Welcome to The Waverly, one of Santa Monica's most sought after full service luxury residences designed by renowned architects Marmol Radziner. Offering the feel of an upscale beachfront hotel, this beautifully designed one bedroom, two bathroom home with a versatile den blends sophisticated modern design with effortless coastal living. Perfectly positioned overlooking Tongva Park, the residence enjoys serene park views, ocean breezes, and easy access to everything Santa Monica has to offer. Bathed in natural light, this open concept layout seamlessly connects the chef's kitchen, dining area, and spacious living room, creating an ideal setting for both everyday living and entertaining. The primary suite is a peaceful retreat featuring a generous walk-in closet and a spa inspired en-suite bath. This home also includes in unit washer and dryer, two side-by-side parking spaces in the secure subterranean garage, guest parking, and private storage unit. Residents of The Waverly also enjoy exceptional amenities including a 24-hour concierge, fitness center, pet spa and wash station, and the rooftop Skybridge Lounge featuring a full kitchen, fireplace, BBQ area, and sweeping ocean views. HOA dues include water, gas, and trash. Unbeatable location in the heart of Santa Monica, moments from the beach, Santa Monica Pier, Third Street Promenade, Main Street and so much more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 33% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,160 | 1,214 | 33% |
| Lot Size | - | 3,749 | 50% |
| Price | $1.20M | $1.20M | 50% |
| Price per sq ft | $1.0K | $1.0K | 67% |
| Built year | 2014 | 2002 | 50% |
| HOA | $1665.85 | $1.1K | 50% |
| Days on market | 16 | 135 | 17% |
May 21, 2026
$1,199,000
Initial Listing