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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$868/sqft
201 Ocean Avenue 1505b, Santa Monica, California 90402
1Bed
1Bath
868Sqft
57,750Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Coastal Location & Views: Situated within Ocean Towers, Santa Monica's premier building, perched above Palisades Park with serene, sweeping views of mountains, city, and Santa Monica Bay. Offers unparalleled access to vibrant boutiques, dining, beaches, and bike paths.
Top Cons:
Stock Cooperative Ownership: The property is a 'Stock Cooperative,' which can involve different ownership structures, financing requirements, and resale processes compared to traditional condominiums, potentially limiting the buyer pool.

Compared to the nearby listings

Price:$845.0K vs avg $995.0K ($-150,000)33%
Size:868 sqft vs avg 906 sqft33%
Price/sqft:$974 vs avg $1.1K33%

More Insights

Built in 1971 (55 years old).
Condition: Despite the 1971 built year, the property has been 'exquisitely reimagined' with stunning hardwood floors, custom cabinetry, recessed lighting, and luxurious high-end finishes throughout. The kitchen features modern stainless steel appliances and sleek design, while the bathroom boasts contemporary tiling, vanity, and fixtures. All visible components appear new or virtually new, indicating a recent and extensive renovation that meets current quality standards.
Year Built
1971
Close
-
List price
$845K
Original List price
$845K
Price/Sqft
$974
HOA
$977.33
Days on market
-
Sold On
-
MLS number
26639465
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Mountain(s)
Deck
Pool
Spa
ViewCity Lights,Canyon,Mountain(s)

About this home

Exquisitely reimagined, this 1-bedroom, 1-bathroom sanctuary offers serene, sweeping views of both the mountains and the city. Bathed in natural light, the residence showcases stunning hardwood floors, custom cabinetry, recessed lighting, and luxurious high-end finishes throughout. With its spacious layoutthis home provides flexible options, including space for a potential work area. Plus, the private balcony invites you to savor al fresco dining while soaking in the vistas.Storage is thoughtfully integrated into every corner, ensuring both beauty and practicality. Located within Ocean Towers, Santa Monica's premier full-service, amenity-rich building, you'll experience the pinnacle of coastal luxury living. Perched above the iconic 26-acre Palisades Park and overlooking the breathtaking Santa Monica Bay, Ocean Towers delivers unparalleled services, including 24-hour doormen and valet, a sophisticated lobby, a state-of-the-art fitness center, and a stunning ocean-view deck complete with a swimmer's pool, spa, and banquet room.All this, just moments from Santa Monica's vibrant boutiques, world-class dining, charming cafes, pristine beaches, and the scenic bike path. Move right in and begin living your dream coastal lifestyle!

N
Nili Hudson
Listing Agent

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 the 1971 built year, the property has been 'exquisitely reimagined' with stunning hardwood floors, custom cabinetry, recessed lighting, and luxurious high-end finishes throughout. The kitchen features modern stainless steel appliances and sleek design, while the bathroom boasts contemporary tiling, vanity, and fixtures. All visible components appear new or virtually new, indicating a recent and extensive renovation that meets current quality standards.
Pros & Cons

Pros

Prime Coastal Location & Views: Situated within Ocean Towers, Santa Monica's premier building, perched above Palisades Park with serene, sweeping views of mountains, city, and Santa Monica Bay. Offers unparalleled access to vibrant boutiques, dining, beaches, and bike paths.
Luxury Full-Service Building Amenities: Residents enjoy a full suite of luxury services including 24-hour doormen and valet, a sophisticated lobby, state-of-the-art fitness center, and an ocean-view deck with a swimmer's pool, spa, and banquet room.
Exquisitely Reimagined Interior: The sanctuary has been exquisitely reimagined, featuring stunning hardwood floors, custom cabinetry, recessed lighting, and luxurious high-end finishes throughout, offering a move-in ready experience.
Abundant Natural Light & Private Balcony: Bathed in natural light, the residence includes a private balcony perfect for al fresco dining while enjoying the vistas, enhancing the indoor-outdoor living experience.
Optimized Layout & Integrated Storage: The spacious layout provides flexible options, including space for a potential work area, and storage is thoughtfully integrated into every corner, ensuring both beauty and practicality.

Cons

Stock Cooperative Ownership: The property is a 'Stock Cooperative,' which can involve different ownership structures, financing requirements, and resale processes compared to traditional condominiums, potentially limiting the buyer pool.
High Monthly Association Fee: A significant monthly association fee of $977.33, while covering extensive luxury amenities and services, represents a substantial ongoing cost for the owner.
Limited Bedroom/Bathroom Count: As a 1-bedroom, 1-bathroom unit, the property's appeal is limited to singles or couples, potentially narrowing the market compared to units with more bedrooms.
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