1705 Ocean Avenue 502, Santa Monica, California 90401, Santa Monica, 90401 - 2 bed, 2 bath
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Santa Monica, California 90401
This Luxury Coastal Residence at The Waverly is listed at $2,700,000, representing a premium offering on prestigious Ocean Avenue. Although the Fair Market Value is $2,264,563, the property’s Excellent Condition Rating and unobstructed panoramic ocean views from the fifth floor command a significant market premium. Boasting a modern chef’s kitchen and floor-to-ceiling windows, this sanctuary is situated in the top-tier Santa Monica-Malibu Unified district. This move-in-ready home is an ideal match for Luxury Home-Seekers or Owner-Occupants seeking a sophisticated Pacific lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1705 Ocean Avenue 502 Subject | $2,700,000* List Price | 2 | 2 | 1,324 | $1,912 | - |
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, this luxury residence falls within the 10-year window for excellent condition and features high-end contemporary finishes that remain in like-new condition. The kitchen is equipped with top-of-the-line stainless steel appliances, custom cabinetry, and premium stone countertops. The bathrooms are finished with floor-to-ceiling marble and modern fixtures, and the unit features high-quality wood flooring and floor-to-ceiling windows throughout with no visible signs of wear or deferred maintenance.
Positioned on the upper floors of The Waverly, this unit features floor-to-ceiling windows that provide unobstructed, breathtaking views of the Pacific Ocean, Santa Monica Mountains, and the coastline.
Built in 2014, the residence offers a sleek contemporary aesthetic with high-end finishes, including a chef's kitchen equipped with top-of-the-line appliances and a large functional island.
Located on prestigious Ocean Avenue, the property offers an elite lifestyle with immediate proximity to Santa Monica's world-class beaches, luxury dining, and high-end retail.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1324, other record living area = 1270.
The monthly association fee of $1,750 is substantial, which may be a deterrent for buyers sensitive to high recurring ownership expenses.
With a list price of $2.7 million for 1,324 square feet, the property is positioned at a very high price point per square foot, requiring a specific luxury-tier buyer.
The ocean view condo at The Waverly is a luxurious and modern residence. The condo has unobstructed whitewater ocean and views Santa Monica Mountains. The condo has a spacious and bright living room with floor-to-ceiling windows. The interior design is sleek and contemporary, with clean lines and a neutral color. The kitchen features top-of-the-line appliances and a large island that's perfect for preparing meals and entertaining guests.The main bedroom is a peaceful retreat, with stunning ocean views and a spa like bathroom. The deck outside the unit extends the entire width of the condo. The Waverly has 24 hour concierge and a top of the line gym. Side by side parking and extroage is available. The unit is also being offered for lease.
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 | 1,324 | 1,346 |
| Lot Size | 40,866 | 7,869 |
| Price | $2.70M | $1.33M |
| Price per sq ft | $2.0K | $977 |
| Built year | 2014 | 1978 |
| HOA | $1750.0 | $500 |
| Days on market | 100 | 57 |
Apr 13, 2026
$2,700,000
Initial Listing