
Santa Monica, California 90402
This Oceanfront Condominium represents a Strong Value Opportunity, listed at $799,900—positioned well above the $733,938 Fair Market Value by -8%. While priced at a premium, the property offers an elite lifestyle with unobstructed panoramic ocean views, a resort-style pool, and 24-hour concierge services. Featuring a Condition Rating of 4, the unit is move-in ready with new flooring, though it offers potential for kitchen modernization. This residence is an ideal acquisition for Luxury Lifestyle Seekers or Owner-Occupants desiring a prestigious Santa Monica address.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Ocean Avenue 1902p Subject | $799,900* List Price | 0 | 1 | 510 | $1,439 | - |
A 201 Ocean Avenue 503b Active | $795,000 List Price | 0 | 1 | 713 | $1,115 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the unit features brand new flooring and interior paint, the property was built in 1971 and the kitchen cabinetry appears dated (likely 20+ years old). It is move-in ready but requires kitchen and bathroom modernization to meet current luxury standards.
Situated on the top floor of the prestigious Ocean Towers, this residence offers rare, unobstructed panoramic views of the Pacific Ocean, Malibu's Queen's Necklace, and the Palisades Bluffs.
Residents benefit from an elite lifestyle featuring 24-hour concierge and security, valet parking, a resort-style pool, and a state-of-the-art fitness center with a sauna.
The unit has been freshly updated with new interior paint and flooring, providing a modern, move-in-ready aesthetic that maximizes the abundant natural light.
With only 510 square feet of living space, the studio-style layout may feel restrictive for buyers seeking more traditional residential separation or significant storage.
The monthly association fee of approximately $869 is relatively high for a unit of this size, which may impact the overall affordability and investment yield for some buyers.
Welcome to one of Santa Monica's most prestigious oceanfront residences at Ocean Towers' coveted P Tower on the top floor! perfectly situated adjacent to iconic Santa Monica Beach and Palisades Park. This rare offering showcases breathtaking, unobstructed panoramic ocean views stretching from the Palisades Bluffs and Malibu's famed Queen's Necklace to the endless Pacific horizon. Freshly updated with new interior paint and flooring, the residence features a bright, open-concept floor plan designed to maximize natural light and showcase the spectacular coastal scenery. The expansive private balcony provides the perfect setting to enjoy unforgettable sunsets, ocean breezes, and world-class views. Residents enjoy an unparalleled luxury lifestyle with exceptional amenities, including a state-of-the-art fitness center with sauna, resort-style pool and spa, 24-hour concierge and security, valet parking, and optional maid service, offering the ultimate in comfort and convenience. Ideally located just moments from Montana Avenue's acclaimed boutiques and restaurants, the Third Street Promenade, Santa Monica Pier, and the city's finest shopping, dining, and entertainment, this extraordinary residence offers the perfect blend of luxury, privacy, and the quintessential Southern California coastal lifestyle. Storage: Located in the lower-level garage, cage number 54. Parking Space 627.
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 510 | 1,332.636 |
| Lot Size | 38,619 | 8,171.182 |
| Price | $799.9K | $1.30M |
| Price per sq ft | $1.6K | $979 |
| Built year | 1971 | 1976 |
| HOA | $869.16 | $553 |
| Days on market | 43 | 57 |
Jul 28, 2026
$799,900
Initial Listing