201 Ocean Avenue 404p, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 3 bath
Loading property details...
201 Ocean Avenue 404p
Santa Monica, California 90402
ACTIVE
CONDITION: EXCELLENT
3Beds
3Baths
1,554Sq Ft
38,608Lot Size
Property Price
LIST PRICE$1,845,000
EST. MARKET VALUE
$1,928,893
4% BelowMARKET VALUE
SUMMARY
This Turnkey Luxury Condominium represents a Strong Value Opportunity, listed at $1,845,000—positioned well below the $1,928,894 Fair Market Value by 4%. This valuation gap provides $83,894 in Instant Equity for the buyer. Featuring a Condition Rating of 2, the unit offers a high-end, renovated interior with panoramic ocean views. Located near top-rated schools like Roosevelt Elementary, this property is an ideal sanctuary for discerning professionals or owner-occupants seeking elite coastal living.
Estimated Market Value
$1,928,893+$83,893 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Ocean Avenue 404p Subject | $1,845,000* List Price | 3 | 3 | 1,554 | $1,241 | - |
A 201 Ocean Avenue 1604p Sold | $1,825,000 | 3 | 3 | 1,554 | $1,174 | 0.0 mi |
B 201 Ocean Avenue 906p Sold | $1,800,000 | 2 | 2 | 1,229 | $1,465 | 0.0 mi |
C 202 San Vicente Boulevard 15 Sold | $1,595,000 | 2 | 3 | 1,577 | $1,011 | 0.1 mi |
D 201 Ocean Avenue 1204b Sold | $1,845,000 | 3 | 3 | 1,554 | $1,187 | 0.1 mi |
E 201 Ocean Avenue 1206p Sold | $1,560,000 | 2 | 2 | 1,229 | $1,269 | 0.1 mi |
F 202 San Vicente Boulevard 6 Sold | $2,115,000 | 3 | 3 | 1,609 | $1,314 | 0.1 mi |
G 446 San Vicente Boulevard 202 Sold | $1,397,000 | 2 | 2 | 1,215 | $1,150 | 0.4 mi |
H 516 San Vicente Boulevard 206 Active | $1,500,000 List Price | 3 | 2 | 1,542 | $973 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The unit has undergone a complete high-end renovation within the last 5 years, featuring a modern open-concept kitchen with stone waterfall countertops, stainless steel double ovens, and updated cabinetry. Bathrooms are fully modernized with contemporary tile work and floating vanities. The interior is in mint condition with updated flooring and lighting, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Coastal Location & Views
Situated directly on Ocean Avenue, this corner unit features floor-to-ceiling windows that offer breathtaking panoramic views of the Pacific Ocean and mountains.
- Full-Service Luxury Amenities
The building provides an elite lifestyle with 24-hour valet, concierge, doorman services, and high-end facilities including a fitness center, sauna, pool, and spa.
- Turnkey Renovated Interior
The unit is completely renovated with a bright, spacious open floor plan, modern finishes, and the rare convenience of an in-unit washer and dryer.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The monthly HOA fee of $2,250.78 is significant and may impact the overall affordability and carrying costs for potential buyers.
- Building Age
Constructed in 1971, the building may require ongoing maintenance or face future assessments common in older coastal high-rise structures despite the individual unit's renovations.
About 201 Ocean Avenue 404p
Incredible 3 BR/ 2.5 Bath corner unit w/ ocean and mountain views, directly located across from the Pacific Ocean in the uniquely luxurious building, OCEAN TOWERS. The unit is completely renovated, very bright & spacious open floor plan, and a bar; features floor-to-ceiling windows, lots of natural light, washer/dryer in unit; Two-car parking spaces included; Amenities include full-service 24-hour valet parking, doorman, concierge service, a state-of-the-art fitness facility, sauna, pool & spa, banquet & conference room. Prime Santa Monica location; Walking distance to the Beach, Finest Restaurants, & Shops. Embrace elite coastal elegance on the pristine shores of Santa Monica.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 38,608 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2250.78 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.8 mi
8/10
Lincoln Middle School
Grades 6-8 • 1.4 mi
8/10
Santa Monica High School
Grades 9-12 • 2.0 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,554 | 1,332.636 |
| Lot Size | 38,608 | 8,171.182 |
| Price | $1.84M | $1.30M |
| Price per sq ft | $1.2K | $979 |
| Built year | 1971 | 1976 |
| HOA | $2250.78 | $553 |
| Days on market | 29 | 57 |
Pricing History
Listed for Sale
Aug 11, 2026
$1,845,000
Initial Listing