2221 Ocean Avenue 101, Santa Monica, California 90405, Santa Monica, 90405 - 1 bed, 1 bath
ACTIVE$1,499,999
2221 Ocean Avenue 101, Santa Monica, California 90405
1Bed
1Bath
870Sqft
10,399Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Unobstructed Ocean Views: The property offers direct, unobstructed Pacific Ocean views from the living and dining areas, and a spacious balcony, providing stunning sunsets and a premium coastal experience.
Top Cons:
High Monthly Association Fees: The monthly association fee of $743.0 is substantial and adds a significant ongoing cost to ownership, which could impact affordability and long-term investment.
Compared to the nearby listings
Price:$1.50M vs avg $1.19M (+$314,999)60%
Size:870 sqft vs avg 1,285 sqft29%
Price/sqft:$1.7K vs avg $1.0K96%
More Insights
Built in 1973 (52 years old).
Condition: Despite the building's 1973 construction, the MLS description explicitly states the unit is 'fully remodeled' and 'extensively remodeled' with 'brand-new double-pane windows and sliding doors' and 'beautiful hardwood flooring throughout.' The kitchen is described as a 'modern chef's kitchen' with 'top-of-the-line stainless steel appliances, custom marble tops, custom cabinetry,' and a wine refrigerator. The bathroom is a 'luxurious spa-inspired bathroom.' The images confirm a very recent, high-quality renovation, showcasing a sleek, contemporary kitchen with high-gloss white cabinets, modern appliances, and pristine white countertops. The living areas and bedroom feature new-looking hardwood floors, recessed lighting, and modern fixtures. All visible components appear virtually new and meet current quality standards, aligning perfectly with an 'excellent' condition score for the unit itself.
Year Built
1973
Close
-
List price
$1.5M
Original List price
$1.5M
Price/Sqft
$1,724
HOA
$743
Days on market
-
Sold On
-
MLS number
25624109
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
ViewOcean
About this home
Direct Ocean Views, Santa Monica - Prime Condo Under $1.5M -Rare opportunity to own a gorgeous fully remodeled beachfront residence on Santa Monica's iconic Ocean Avenue. This light-filled home features a flowing entertainer's layout, brand-new double-pane windows and sliding doors, and beautiful hardwood flooring throughout. Enjoy unobstructed Pacific Ocean views from the living and dining areas and a spacious balcony with teak flooring, perfect for indoor-outdoor living. The modern chef's kitchen is equipped with top-of-the-line stainless steel appliances, custom marble tops, custom cabinetry with built-ins, a wine refrigerator, and breakfast bar. The expanded bedroom includes custom closet organizers and a luxurious spa-inspired bathroom. Additional highlights include two tandem parking spaces in the gated garage with remote-access entry. Steps from Shutters, Casa del Mar, Regent - 5-Star Hotels, Santa Monica Pier, Main Street dining, and oceanfront paths, this home is ideal as a primary residence, pied--terre, or lock-and-leave beach retreat. Unmatched value for direct coastal living with beautiful sunsets to enjoy!
Price History
Date
Event
Price
03/26/98
Sold
$148,454
02/09/17
Sold
$925,000
Condition Rating
Excellent
Despite the building's 1973 construction, the MLS description explicitly states the unit is 'fully remodeled' and 'extensively remodeled' with 'brand-new double-pane windows and sliding doors' and 'beautiful hardwood flooring throughout.' The kitchen is described as a 'modern chef's kitchen' with 'top-of-the-line stainless steel appliances, custom marble tops, custom cabinetry,' and a wine refrigerator. The bathroom is a 'luxurious spa-inspired bathroom.' The images confirm a very recent, high-quality renovation, showcasing a sleek, contemporary kitchen with high-gloss white cabinets, modern appliances, and pristine white countertops. The living areas and bedroom feature new-looking hardwood floors, recessed lighting, and modern fixtures. All visible components appear virtually new and meet current quality standards, aligning perfectly with an 'excellent' condition score for the unit itself.
Pros & Cons
Pros
Unobstructed Ocean Views: The property offers direct, unobstructed Pacific Ocean views from the living and dining areas, and a spacious balcony, providing stunning sunsets and a premium coastal experience.
Premier Santa Monica Location: Located on Santa Monica's iconic Ocean Avenue, the residence is steps away from 5-star hotels (Shutters, Casa del Mar, Regent), the Santa Monica Pier, Main Street dining, and oceanfront paths, offering unparalleled walkability and access to amenities.
Extensively Remodeled Interior: The residence is fully remodeled with high-end finishes, including brand-new double-pane windows and sliding doors, beautiful hardwood flooring, a modern chef's kitchen with top-of-the-line stainless steel appliances, custom marble tops, and a luxurious spa-inspired bathroom.
Secure & Dedicated Parking: Includes two tandem parking spaces in a gated garage with remote-access entry, a valuable and convenient amenity in this high-demand area.
Strong Value Proposition: Marketed as a 'Prime Condo Under $1.5M' and offering 'unmatched value for direct coastal living,' positioning it competitively within the luxury Santa Monica beachfront market.
Cons
High Monthly Association Fees: The monthly association fee of $743.0 is substantial and adds a significant ongoing cost to ownership, which could impact affordability and long-term investment.
Limited Living Space: With only one bedroom and one bathroom, the unit's size and layout may limit its appeal to individuals or couples, potentially restricting the resale market to a niche buyer pool.
Building Age: Constructed in 1973, the building is over 50 years old. While the unit is remodeled, the age of the overall structure could lead to higher maintenance costs or future special assessments for common area repairs and upgrades.