201 Ocean Avenue 909p, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 3 bath
ACTIVE$2,599,500
201 Ocean Avenue 909p, Santa Monica, California 90402
3Beds
3Baths
1,566Sqft
38,619Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unparalleled Panoramic Views: This 9th-floor residence offers breathtaking, unobstructed panoramic views of the Pacific Ocean, Malibu coastline, Santa Monica Mountains, Rustic Canyon, and city lights, enhanced by floor-to-ceiling windows.
Top Cons:
Stock Cooperative Ownership: The property is a 'Stock Cooperative,' which can involve different ownership structures, potential financing limitations, and stricter board approval processes compared to traditional condominium ownership, potentially narrowing the buyer pool.
Compared to the nearby listings
Price:$2.60M vs avg $2.35M (+$249,500)67%
Size:1,566 sqft vs avg 1,562 sqft67%
Price/sqft:$1.7K vs avg $1.5K67%
More Insights
Built in 1971 (54 years old).
Condition: Built in 1971, this unit has clearly undergone extensive renovations to achieve its current 'Modern Interior Aesthetic.' The kitchen features contemporary dark cabinetry, stainless steel appliances, and a mosaic tile backsplash, while the bathrooms boast modern double vanities with dark finishes and updated fixtures. Dark hardwood/laminate flooring is present throughout the main living areas and bedrooms. While the updates are significant and make the property move-in ready with no immediate repairs needed, the style of some elements (e.g., kitchen track lighting, cabinet style) suggests the renovation was likely completed within the last 5-15 years rather than being brand new, aligning perfectly with the 'Good' condition criteria.
Year Built
1971
Close
-
List price
$2.6M
Original List price
$3.5M
Price/Sqft
$1,660
HOA
$1,261
Days on market
-
Sold On
-
MLS number
25582227
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Canyon, Mountain(s), Ocean, Panoramic, Trees/Woods
Deck
ViewCity Lights,Coastline,Canyon,Mountain(s),Ocean,Panoramic,Trees/Woods
About this home
Experience the very best of Santa Monica from this 9th-floor residence, offering unobstructed views over Rustic Canyon to the Pacific Ocean, Malibu coastline, and Santa Monica Mountains. Floor-to-ceiling windows frame spectacular sunsets, filling the home with natural light and an ever-changing backdrop of color.With 1,566 sq ft, this 3-bedroom, 2.5-bath unit features a darker, sophisticated color palette and stainless steel appliances. The third bedroom is ideal as a home office, with inspiring views of the ocean and mountains. Ocean Towers pampers residents with premium amenities, including a heated pool, spa, fully equipped fitness center with sauna, meeting room, 24-hour concierge, security, cameras, and valet parking elevate the convenience and comfort of this luxury experience.Just moments from Santa Monica Beach, you'll enjoy direct access to year-round outdoor activities, volleyball courts, scenic bike paths, lush parks, and romantic oceanfront strolls. Indulge in the area's finest shopping and dining along Montana Avenue, Third Street Promenade, and Ocean Avenue all just moments away.
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
Good
Built in 1971, this unit has clearly undergone extensive renovations to achieve its current 'Modern Interior Aesthetic.' The kitchen features contemporary dark cabinetry, stainless steel appliances, and a mosaic tile backsplash, while the bathrooms boast modern double vanities with dark finishes and updated fixtures. Dark hardwood/laminate flooring is present throughout the main living areas and bedrooms. While the updates are significant and make the property move-in ready with no immediate repairs needed, the style of some elements (e.g., kitchen track lighting, cabinet style) suggests the renovation was likely completed within the last 5-15 years rather than being brand new, aligning perfectly with the 'Good' condition criteria.
Pros & Cons
Pros
Unparalleled Panoramic Views: This 9th-floor residence offers breathtaking, unobstructed panoramic views of the Pacific Ocean, Malibu coastline, Santa Monica Mountains, Rustic Canyon, and city lights, enhanced by floor-to-ceiling windows.
Prime Coastal Location: Situated on prestigious Ocean Avenue in Santa Monica, providing direct access to the beach, parks, bike paths, and moments away from world-class shopping and dining on Montana Avenue and Third Street Promenade.
Luxury Building Amenities: Residents benefit from a comprehensive suite of premium amenities including a heated pool, spa, fully equipped fitness center with sauna, meeting room, 24-hour concierge, security, and valet parking, offering a resort-like lifestyle.
Spacious & Versatile Layout: With 1,566 sq ft, 3 bedrooms, and 2.5 baths, the unit offers ample living space, including a versatile third bedroom ideal for a home office with inspiring ocean and mountain views.
Modern Interior Aesthetic: The unit features a sophisticated darker color palette and stainless steel appliances, providing a contemporary and stylish living environment.
Cons
Stock Cooperative Ownership: The property is a 'Stock Cooperative,' which can involve different ownership structures, potential financing limitations, and stricter board approval processes compared to traditional condominium ownership, potentially narrowing the buyer pool.
High Monthly Association Fees: A substantial monthly association fee of $1261.0, while covering extensive luxury amenities, represents a significant ongoing cost that may deter some potential buyers.
Significant Price Reductions: The property has undergone multiple substantial price reductions from its initial listing of $3.5M to the current $2.5995M, which could indicate initial overpricing or challenges in market valuation.