
Santa Monica, California 90402
This Luxury Designer Condominium is a Strong Value Opportunity, listed at $1,195,000—positioned well below the $1,291,903 Fair Market Value by 7%. This valuation gap offers $96,903 in Instant Equity for buyers. Featuring an Excellent Condition Rating, the residence showcases Apparatus Studio lighting, Venetian plaster, and panoramic ocean views. Located in the iconic Ocean Towers near top-rated Roosevelt Elementary, it combines five-star amenities with a turnkey lifestyle. This is an ideal acquisition for Owner-Occupants seeking a coastal sanctuary or Luxury Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 201 Ocean Avenue 903p Subject | $1,195,000* List Price | 1 | 1 | 906 | $1,426 | - |
A 723 Palisades Beach Road 102 Sold | $1,100,000 | 1 | 1 | 703 | $1,565 | 0.5 mi |
B 201 Ocean Avenue 301p Active | $1,449,000 List Price | 2 | 2 | 1,262 | $1,148 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1971, the unit has undergone a comprehensive, high-end designer renovation within the last few years. It features premium finishes such as Apparatus Studio lighting, Venetian plaster ceilings, Holly Hunt wallcoverings, and a modern kitchen with high-end stainless steel appliances and custom cabinetry. The inclusion of smart-home technology like Lutron switches and a Toto Washlet further confirms its excellent, like-new condition.
Perfectly positioned in the building's 'sweet spot,' this unit offers breathtaking panoramic views of the Pacific Ocean, Jonathan Beach Club, and the Santa Monica coastline through floor-to-ceiling windows.
The interior features meticulous upgrades including Apparatus Studio lighting, Holly Hunt suede and silk wallcoverings, Venetian plaster ceilings, and a Washlet Toto toilet, providing a turnkey luxury experience.
Located in the iconic Ocean Towers, the property offers a five-star lifestyle with 24-hour concierge, security, valet parking, a pool, spa, and gym just steps from the beach.
The association fee of approximately $1,261 per month is significant for a one-bedroom residence, which may deter budget-conscious buyers or investors.
As a single-bedroom, single-bathroom unit with 906 square feet, the space is highly specialized for individuals or couples and lacks the versatility of a multi-bedroom layout.
WOW DESIGNER PERFECTION! Step into what may be the best one-bedroom residence in the iconic Ocean Towers, perfectly positioned in the coveted "sweet spot" of the building for exceptional views. From your floor-to-ceiling windows and sliding glass door, take in a stunning panorama overlooking the Jonathan Beach Club, Ocean Front Walk, palm-lined Ocean Ave, and the sparkling Pacific beyond, all while enjoying the constant, refreshing ocean breeze.Every inch has been meticulously upgraded with curated, high-end finishes: Apparatus Studio custom lighting, Waterworks faucet, Holly Hunt suede wallcovering in the bedroom, and Holly Hunt silk grasscloth in the living room. Venetian plaster ceilings, leather-wrapped bedroom hardware, and new Lutron light switches add refined detail, while the Washlet Toto toilet and electronic window shades bring modern convenience and smart-home automation throughout.Ocean Towers is widely regarded as the premier doorman building in Santa Monica, offering a true five-star lifestyle with 24-hour concierge and security, valet parking, pool, spa, gym, and more, all just steps from the sand, shops, and Santa Monica's vibrant dining scene. **RARE OPPORTUNITY TO PURCHASE NEIGHBORING UNIT TO CREATE A 2450+ SQ FT UNIT**
No exterior & parking available.
Grades K-5 • 0.8 mi
Grades 6-8 • 1.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 17% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 906 | 1,568 | 11% |
| Lot Size | 38,619 | 38,613.5 | 50% |
| Price | $1.20M | $2.11M | 17% |
| Price per sq ft | $1.3K | $1.4K | 44% |
| Built year | 1971 | 1976 | 44% |
| HOA | $1261.04 | $2.2K | 28% |
| Days on market | 25 | 206 | 6% |
Mar 28, 2026
$1,195,000
Initial Listing