201 Ocean Avenue 504b, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 3 bath

201 Ocean Avenue 504b, Santa Monica, California 90402 home-pic-0
ACTIVE$1,895,000
201 Ocean Avenue 504b, Santa Monica, California 90402
3Beds
3Baths
1,746Sqft
57,915Lot
Year Built
1971
Close
-
List price
$1.9M
Original List price
$1.9M
Price/Sqft
$1,085
HOA
$1,491.11
Days on market
-
Sold On
-
MLS number
25485871
Home ConditionExcellent
Features
Excellent View: Mountain(s), Ocean
Deck
Pool
Spa
ViewMountain(s), Ocean

About this home

We found 3 Cons,5 Pros. Rank: price - $1.90M(50th), sqft - 1746(67th), beds - 3(50th), baths - 3(50th).

Breathtaking, Head-On Ocean Views in an Exquisite, Turn-Key, 3 Bedroom & Den at the Highly regarded, Ocean Towers. A stunningly renovated corner floorplan, with 3 exposures looking at the Ocean & the Mountains, includes a luxurious & spacious Double Width Living Room with adjoining Den/Study both w/Spectacular Views & opening onto a Lg Balcony, plus a 65 Smart T.V. & surround sound & built-in speakers for music throughout. A sensational Kitchen w/custom cabinetry, built-in Meile Espresso Maker, Sub-zero, an abundance of storage & a beautiful Bar & Views! The 3rd Bedroom is the quintessential workspace with an Ocean View! 2 additional en-suite Bedrooms w/Views & beautiful baths. Plus, Wood Floors throughout. Absolute Perfection! When you arrive at Ocean Towers, a lovely porte cochre welcomes you & you're transported to a world of sumptuous amenities and anticipatory service with a Valet, Doormen and 24 hour Concierge. Work out in the state-of-the-art fitness center that overlooks the Pool and Spa, entertain in the Community Center or relax in your own private residence and watch the Sunset on the lovely oversized Terrace. Whatever your lifestyle, it's welcome here. Just across from the crystal blue ocean and white sandy beaches. This is Santa Monica at its finest on Santa Monica's extraordinary Ocean Avenue just moments to all the glorious Westside beaches, biking, entertainment, shopping, restaurants and coffee houses!

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.8mi
8/10
Lincoln Middle School
Public,6-81.4mi
8/10
Santa Monica High School
Public,9-122.0mi
Condition Rating
Excellent

Despite being built in 1971, the listing explicitly states the unit has been 'stunningly renovated' to 'Absolute Perfection!' The images confirm a very recent, high-end renovation with modern, sleek finishes throughout. The kitchen features custom cabinetry, built-in Miele espresso maker, Sub-Zero appliances, and dark, contemporary countertops. Bathrooms are equally modern with updated vanities, fixtures, and tiling. Hardwood floors are present throughout the unit, and lighting is contemporary with recessed and stylish fixtures. All components appear new or virtually new, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Unparalleled Oceanfront Location & Views: The property boasts breathtaking, head-on ocean views from multiple exposures, including the living room, den, and bedrooms, situated directly across from Santa Monica's iconic beaches and mountains.
Luxurious Turn-Key Renovation: This corner unit has been stunningly renovated to an 'Absolute Perfection' standard, offering a turn-key experience with high-end finishes and modern design throughout.
Premium Building Amenities & Services: Ocean Towers provides a world-class living experience with sumptuous amenities including valet, doormen, 24-hour concierge, a state-of-the-art fitness center overlooking the pool and spa, and a community center.
Sophisticated Interior Features: The unit features a spacious double-width living room with an adjoining den, a large balcony, integrated smart TV and sound system, a sensational kitchen with custom cabinetry, built-in Miele espresso maker, Sub-Zero appliances, and wood floors throughout.
Prime Santa Monica Lifestyle Access: Located on Santa Monica's extraordinary Ocean Avenue, the residence offers immediate access to Westside beaches, biking paths, entertainment, shopping, fine dining, and coffee houses.

Cons

High Association Fee: The monthly association fee of $1491.11 is substantial and represents a significant ongoing cost of ownership, which may impact affordability for some buyers.
Stock Cooperative Ownership Structure: The property is a 'Stock Cooperative,' which differs from traditional condominium ownership. This structure can involve more complex financing, board approval for sales, and potentially more restrictive rules, which may limit the buyer pool.
Building Age: While the unit is renovated, the building was constructed in 1971. Older buildings, even well-maintained ones, can be subject to significant special assessments for major infrastructure repairs or upgrades in the future.

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