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201 Ocean Avenue 1505b, Santa Monica, California 90402, Santa Monica, 90402 - 1 bed, 1 bath

201 Ocean Avenue 1505b, Santa Monica, California 90402 home-pic-0
ACTIVE$845,000
201 Ocean Avenue 1505b, Santa Monica, California 90402
1Bed
1Bath
868Sqft
57,750Lot
Year Built
1971
Close
-
List price
$845K
Original List price
$845K
Price/Sqft
$974
HOA
$977.33
Days on market
-
Sold On
-
MLS number
25494071
Home ConditionExcellent
Features
Good View: City Lights, Canyon, Mountain(s)
Deck
ViewCity Lights,Canyon,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $845.0K(33th), sqft - 868(33th), beds - 1(50th), baths - 1(50th).

Exquisitely designed and remodeled 1 Bedroom, 1 Bathroom with tranquil & majestic Mountain and City Views! This gorgeous home is flooded with natural light and features gorgeous hardwood floors & custom cabinetry, recessed lighting and high end detailed finishes throughout. Move right into this beauty! Fabulous storage options everywhere you look. A larger floor plan than the typical "05" units with optional use of space for possible work area, plus a wonderful balcony to enjoy dining al-fresco. Enjoy a luxurious lifestyle at Ocean Avenue's most coveted and full service, full amenity building, Ocean Towers. Overlooking Santa Monica's sensational Bay and the exquisite 26-acre, Palisades Park. Ocean Towers offers 24-hour doormen and valet, a beautiful lobby, state-of-the-art workout facility, an exquisite ocean view deck with swimmer's pool and spa, and a wonderful banquet room. Moments to all of Santa Monica's sensational boutiques, dining, cafes, beaches, entertainment, bike paths and more!

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.8mi
8/10
Lincoln Middle School
Public,•6-8•1.4mi
8/10
Santa Monica High School
Public,•9-12•2.0mi
Condition Rating
Excellent
Despite being built in 1971, the listing explicitly states the property has been 'exquisitely designed and remodeled' with 'high end detailed finishes throughout.' The images confirm a modern, high-quality renovation, featuring gorgeous hardwood floors, contemporary flat-panel kitchen cabinetry, stainless steel appliances, solid surface countertops, and recessed lighting. The overall aesthetic is fresh and move-in ready, indicating a recent and extensive overhaul that meets current quality standards.
Pros & Cons

Pros

Prime Location & Walkability: Situated on Ocean Avenue, moments from Santa Monica's beaches, Palisades Park, boutiques, dining, and entertainment, offering an unparalleled lifestyle.
Luxury Full-Service Building: Ocean Towers is a coveted, full-service building with 24-hour doormen, valet, a state-of-the-art gym, ocean view pool/spa deck, and banquet room.
Exquisitely Remodeled Interior: The unit features high-end detailed finishes, gorgeous hardwood floors, custom cabinetry, and recessed lighting, creating a modern and luxurious living space.
Desirable Views & Natural Light: Offers tranquil and majestic Mountain and City Views, complemented by abundant natural light throughout the home.
Spacious & Functional Layout: Boasts a larger floor plan than typical '05' units, providing flexible space for a work area and a wonderful balcony for al-fresco dining, plus ample storage.

Cons

High Monthly Association Fee: The association fee of $977.33 per month is substantial and adds significantly to the overall cost of ownership.
Stock Cooperative Ownership: The property's 'Stock Cooperative' sub-type may involve more restrictive ownership rules, potential financing challenges, and board approval processes compared to traditional condominiums.
Limited Bedrooms & Square Footage: As a 1 bedroom, 1 bathroom unit with 868 sqft, it may not accommodate buyers seeking more living space or additional bedrooms.

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