201 Ocean Avenue 602p, Santa Monica, California 90402, Santa Monica, 90402 - bed, 1 bath
ACTIVE$830,000
201 Ocean Avenue 602p, Santa Monica, California 90402
0Bed
1Bath
510Sqft
38,608Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unbeatable Oceanfront Location & Panoramic Views: Situated directly between Palisades Park and the beach on Ocean Avenue, this studio offers breathtaking ocean, city lights, coastline, and sunset views from its beach-facing position.
Top Cons:
Stock Cooperative Ownership Structure: The property is a 'co-op,' which typically involves a more complex purchase process, stricter buyer approval, potential financing limitations, and different ownership rights compared to condominiums.
Compared to the nearby listings
Price:$830.0K vs avg $995.0K ($-165,000)33%
Size:510 sqft vs avg 906 sqft33%
Price/sqft:$1.6K vs avg $1.5K67%
More Insights
Built in 1971 (54 years old).
Condition: Despite being built in 1971, the property has been 'recently remodeled' and 're-piping was done last year,' indicating an extensive renovation within the last 5 years. The kitchen features modern white cabinetry, solid surface countertops, and new stainless steel appliances. The bathroom is also fully updated with a contemporary vanity, black fixtures, subway tile, and a pebble shower floor. The flooring throughout is modern laminate/engineered wood, and the overall condition is turn-key, meeting current quality standards with virtually new components.
Year Built
1971
Close
-
List price
$830K
Original List price
$830K
Price/Sqft
$1,627
HOA
$869.16
Days on market
-
Sold On
-
MLS number
P1-24538
Home ConditionExcellent
Features
Excellent View: Bridge(s), City Lights, Coastline, Park/Greenbelt, Ocean, Pool
Deck
ViewBridge(s),City Lights,Coastline,Park/Greenbelt,Ocean,Pool
About this home
Stunning, Modern Beach facing Studio. The Studio had recently been remodeled and is turn-key condition. The Balcony is a full length unit area to enjoy, morning tea and evening sunset dining. Tall ceilings give the feeling of large open space. The full kitchen with all modern appliances and a spacious kitchen breakfast bar. The Laundry room is very close to the unit on the 6th Floor. Re-Piping was done in the unit and neighboring units last year. The Building is a 'co-op' community ownership, has 24-hr security & concierge. There is a Valet, Front Desk Concierge, Fitness, Pool. The community is between Palisades Park and Beach. From this Studio has incredible views and sunset that are breathtaking.
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 property has been 'recently remodeled' and 're-piping was done last year,' indicating an extensive renovation within the last 5 years. The kitchen features modern white cabinetry, solid surface countertops, and new stainless steel appliances. The bathroom is also fully updated with a contemporary vanity, black fixtures, subway tile, and a pebble shower floor. The flooring throughout is modern laminate/engineered wood, and the overall condition is turn-key, meeting current quality standards with virtually new components.
Pros & Cons
Pros
Unbeatable Oceanfront Location & Panoramic Views: Situated directly between Palisades Park and the beach on Ocean Avenue, this studio offers breathtaking ocean, city lights, coastline, and sunset views from its beach-facing position.
Luxury Full-Service Building Amenities: The co-op building provides a premium lifestyle with 24-hour security, concierge, valet parking, a fitness center, and a pool.
Recently Remodeled & Turn-Key Condition: The studio has been recently remodeled to a modern, turn-key standard, featuring a full kitchen with modern appliances and recent re-piping in the unit and neighboring units.
Private Outdoor Space & Architectural Features: A full-length balcony offers a dedicated space for outdoor enjoyment, complemented by tall ceilings that enhance the feeling of spaciousness within the unit.
Prestigious Santa Monica Address: Located in the highly desirable Santa Monica 90402 zip code, offering access to an exclusive coastal community and strong market appeal.
Cons
Stock Cooperative Ownership Structure: The property is a 'co-op,' which typically involves a more complex purchase process, stricter buyer approval, potential financing limitations, and different ownership rights compared to condominiums.
High Monthly Association Fees: The substantial monthly association fee of $869.16 is significant for a studio unit, impacting the overall cost of ownership and affordability.
Compact Studio Footprint: With only 510 square feet, the unit offers limited living space, which may restrict its appeal to buyers seeking more expansive accommodations or long-term residency.