535 Ocean, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 2 bath

535 Ocean
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 535 Ocean, Santa Monica, California 90402 is currently available with a list price of $5,250,000. 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.
This residence has undergone a comprehensive, high-end renovation within the last few years, featuring a full suite of top-of-the-line Miele appliances and custom cabinetry by Designer Kitchen Studio Inc. The interior showcases premium finishes including wide-plank hardwood flooring, Venetian plaster, and natural stone in the kitchen and bathrooms. With integrated smart home technology, automated curtains, and designer lighting throughout, the property meets the highest modern quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Ocean Views
The residence offers direct, unobstructed panoramic views of the Pacific Ocean and coastline, providing a premium visual experience that significantly enhances property value.
- Architectural Pedigree
Designed by world-renowned architect A. Quincy Jones, this property offers a unique blend of mid-century modern heritage and sophisticated contemporary design.
- Turnkey Luxury Offering
The unit is sold fully furnished with high-end European brands such as Cantoni and Artitalia, paired with a full suite of Miele appliances for a seamless move-in experience.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1781, other record living area = 1585. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- High Carrying Costs
The monthly association fee of approximately $2,350 is substantial, which may be a deterrent for some buyers despite the luxury amenities provided.
- Aging Building Infrastructure
Originally constructed in 1963, the building may lack some of the modern structural efficiencies or utility standards found in newer luxury developments.
About 535 Ocean
Discover unparalleled luxury in this stunning residence at Oceanaire. Designed by world-renowned architect A. Quincy Jones, this ocean-view home combines sophisticated design, high-end finishes, and modern smart home technology for an extraordinary living experience. Every detail of this modern residence has been carefully thought out to create a truly extraordinary living space. Kitchen and laundry are complimented by full suite of top of the line Miele brand appliances. All storage systems, including cabinets, wardrobe, and kitchen were custom-made by Designer Kitchen Studio Inc. Hardwood flooring, venetian plaster and designer lighting fixtures throughout. Kitchen and bathroom are decorated with beautiful natural stone. Seamless indoor-outdoor flow with floor-to-ceiling windows and sliding glass doors leading to a panoramic balcony with direct unobstructed view of the Pacific. Automated curtains open and close by push of a button. This residence includes two side-by-side parking spaces with a convenient storage cabinets. Building amenities include a gym, infrared sauna, Zen garden, and 24 hour concierge service. Live where elegance meets lifestyle in one of Santa Monica’s most sought-after addresses. Unit can be sold fully furnished for an additional cost. Furniture content is represented by leading European brands such as Cantoni, Artitalia and Luminaire.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- 22,468 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2349.67 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,781 | 1,583.5 | 72% |
| Lot Size | 22,468 | 24,708 | 50% |
| Price | $5.25M | $2.07M | 89% |
| Price per sq ft | $2.9K | $1.4K | 94% |
| Built year | 1963 | 1973 | 22% |
| HOA | $2349.67 | $1.7K | 72% |
| Days on market | 105 | 185 | 17% |
Pricing History
Listed for Sale
Mar 4, 2026
$5,250,000
$5,500,000
-5% Price Drop
Initial Listing
Price Change
Nov 21, 2025
$5,500,000
Initial Listing
Sold
Feb 4, 2022
$2,400,000
Public Record
Sold
Feb 5, 1998
$290,000
Public Record

































