201 Ocean Avenue 1705p, Santa Monica, California 90402, Santa Monica, 90402 - 1 bed, 1 bath
201 Ocean Avenue 1705p
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 201 Ocean Avenue 1705p, Santa Monica, California 90402 is currently available with a list price of $885,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Santa Monica Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property, built in 1971, is described as 'mostly original' and the images confirm this for key areas. While the unit is clean and features well-maintained wood flooring, the kitchen, despite having stainless steel appliances, has dated white flat-panel cabinetry, laminate countertops, and tile flooring that appear to be 15-30 years old. The bathroom is functional and clean with some updated fixtures (like the toilet), but the vanity and tub/shower style are also dated. The unit is move-in ready but requires significant cosmetic updates to meet current quality and style standards, aligning with the 'Fair' condition criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Oceanfront Location
Situated in Santa Monica's premier oceanfront residence, adjacent to the iconic Santa Monica Beach and Palisades Park, offering unparalleled access to coastal living and vibrant urban amenities.
- Luxury Resort-Style Amenities
Residents enjoy a comprehensive suite of high-end amenities including a state-of-the-art fitness center with sauna, pool and spa, 24-hour concierge and security, valet parking, and optional maid service.
- Stunning Mountain Views
Perched on the 17th floor, the unit boasts stunning and quiet views of the Santa Monica Mountains, providing a serene backdrop.
CONSRISKS & DEFICIENCIES
- Mostly Original Condition
Described as a 'mostly original' unit, indicating that while the kitchen has updates, other areas may require significant renovation or modernization to meet contemporary luxury standards, incurring additional buyer costs.
- High Association Fee
The substantial monthly association fee of $1261.0 adds a significant ongoing cost to ownership, which may impact affordability and buyer interest.
- No Direct Ocean View
Despite being in an 'oceanfront residence,' the unit is 'back facing' and offers mountain views, meaning it lacks direct views of the Pacific Ocean, which is often a primary expectation for properties in this location.
About 201 Ocean Avenue 1705p
Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. This is a mostly original 17th floor quiet, back facing unit with stunning views of the Santa Monica Mountains. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with urban living. Enjoy beautiful Santa Monica Mountain Views from this 17th floor unit. With exclusive features like a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service, convenience and luxury are at your fingertips. Situated steps away from Santa Monica's finest dining on Montana Avenue, Third Street Promenade, and Ocean Avenue, culinary adventures await you. The unit itself boasts a spacious open-concept floor plan perfect for entertaining, wood flooring, and balcony. Your kitchen comes fitted with stainless steel appliances and custom cabinetry. Seize this opportunity to live your dream Santa Monica lifestyle at Ocean Towers, a statement of who you are, awaiting your arrival.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 38,619 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1261.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.8 mi
Lincoln Middle School
Grades 6-8 • 1.4 mi
Santa Monica High School
Grades 9-12 • 2.0 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 22% |
| Baths | 1.0 | 2.0 | 22% |
| Square foot | 868 | 1,536 | 22% |
| Lot Size | 38,619 | 32,778 | 56% |
| Price | $885.0K | $1.91M | 22% |
| Price per sq ft | $1.0K | $1.3K | 28% |
| Built year | 1971 | 1973 | 50% |
| HOA | $1261.0 | $1.4K | 44% |
| Days on market | 51 | 185 | 11% |
Pricing History
Listed for Sale
Jan 14, 2026
$885,000
Initial Listing