201 Ocean Avenue 906p, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 2 bath
201 Ocean Avenue 906p
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 201 Ocean Avenue 906p, Santa Monica, California 90402 is currently available with a list price of $1,995,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. 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 new construction or fully renovated.
Despite the 1971 build year, the unit has undergone a 'complete renovation' with 'no expense spared,' as explicitly stated. The kitchen features top-of-the-line Gaggenau appliances, a wine fridge, and marble countertops. Bathrooms boast Waterworks fixtures, floor-to-ceiling marble, and radiant heated flooring. Wide plank hardwood floors and designer Jason Koharik light fixtures are present throughout. All components appear new or virtually new, reflecting current high-end quality standards and requiring no immediate maintenance or updates.
PROSSTRENGTHS & OPPORTUNITIES
- Panoramic Ocean Views
The unit offers incredible, head-on ocean views of Malibu and the Queen's Necklace, providing a highly desirable and valuable aesthetic.
- High-End, Turn-Key Renovation
The property has undergone a complete, no-expense-spared renovation, featuring wide plank hardwood floors, designer light fixtures, and automated blackout shades, making it move-in ready.
- Gourmet Kitchen
The kitchen is equipped with top-of-the-line Gaggenau appliances, a wine fridge, and luxurious marble countertops, appealing to discerning buyers.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fees
The association fee of $1,773.50 per month is substantial and adds significantly to the overall cost of ownership.
- Building Age
Constructed in 1971, the building is over 50 years old, which, despite unit renovations, could potentially lead to future building-wide assessments or maintenance challenges for common areas.
- Current Presentation Not Staged
The listing explicitly states the unit is no longer staged, meaning its current appearance may not match the professional photos, potentially impacting buyer first impressions during showings.
About 201 Ocean Avenue 906p
Incredible Malibu and Queen necklace views await you in this completely turn key 2 bedroom, 2 bathroom unit at Ocean Towers. As you enter the unit, you will be mesmerized by the head on ocean views, but the details in this unit are what make it even more special! No expense was spared in a complete renovation, including beautiful wide plank hard wood floors, Jason Koharik light fixtures, and automated black out shades. The kitchen has all top of the line Gaggenau appliances, a wine fridge and marble countertops throughout. Both bathrooms include Waterworks showers and fixtures, spectacular floor to ceiling marble and radiant heated flooring. Ocean Towers is located in the heart of Santa Monica, and is a full service building, with a 24 hour concierge and tons of amenities, such as a Pool & Spa, Sun Deck, Fitness Center, Library, Clubhouse, Conference Center and Valet Parking. ***Photos were taken when the unit was staged. Owner has since moved back into the unit after being displaced from the Palisades Fire and the unit is no longer staged.***
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1971
- Lot Size
- 38,608 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1773.5 / 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 | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,229 | 1,536 | 39% |
| Lot Size | 38,608 | 32,778 | 50% |
| Price | $2.00M | $2.01M | 50% |
| Price per sq ft | $1.6K | $1.4K | 72% |
| Built year | 1971 | 1973 | 50% |
| HOA | $1773.5 | $1.7K | 50% |
| Days on market | 148 | 185 | 22% |
Pricing History
Listed for Sale
Oct 9, 2025
$1,995,000
Initial Listing