603 Ocean Avenue 2a, Santa Monica, California 90402, Santa Monica, 90402 - 3 bed, 3 bath
603 Ocean Avenue 2a
Santa Monica, California 90402
Property Price
SUMMARY
Analysis of 603 Ocean Avenue 2a, Santa Monica, California 90402 is currently available with a list price of $4,995,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
The property is in move-in ready condition and has been meticulously maintained. Although built in 1996, the unit features high-quality materials including hardwood flooring, crown molding, and high-end stainless steel appliances in the kitchen. The kitchen and bathrooms, while reflecting a more traditional Mediterranean style consistent with the building's era, show no signs of deferred maintenance. The building's common areas, including the pool and gym, have been recently upgraded, further supporting the well-maintained status of the residence.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Coastal Location
Situated on the prestigious Ocean Avenue, this property offers an iconic Santa Monica lifestyle with immediate access to the bluffs, Pacific sunsets, and the upscale boutiques and dining of Montana Avenue.
- Full-Service Luxury Amenities
El Tovar by the Sea provides a comprehensive amenity package including a newly upgraded pool and spa, a fully equipped gym, security, and the rare convenience of a private two-car garage.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $4,700 is significantly high, which may be a deterrent for buyers sensitive to ongoing ownership expenses.
- Limited Direct Ocean Views
Despite the Ocean Avenue address, this specific unit is positioned to face the trees of Alta Avenue, meaning it lacks the direct, unobstructed white-water views often expected at this price point.
About 603 Ocean Avenue 2a
Located on prime Ocean Avenue, El Tovar by the Sea continues to be one of the most exclusive addresses in Santa Monica. A triumph of Classical Mediterranean architecture, this coveted mid-rise was meticulously designed as 22 residences, each one to feel like a single family home, but with all of the amenities of a full-service luxury building. Two West is aptly positioned to face the lush trees of Alta Avenue, with a large covered patio for indoor/outdoor living complete with ocean breeze. Beautiful maintained, this 3 Bedroom, 2 1/2 bath unit boasts high ceilings, formal living and dining, eat-in kitchen, primary suite with dual walk-in closets and large bath with soaking tub. The building features stunning newly upgraded pool and spa, fully equipped indoor gym, security and two car private garage. Just blocks from the shops and restaurants on Montana Avenue and a front row seat to the sunsets on the bluffs overlooking the Pacific. Don't miss this opportunity to enjoy iconic California living at it's best.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- 26,948 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $4700.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.5 mi
Franklin Elementary School
Grades PK-5 • 1.7 mi
Brentwood Science School
Grades K-5 • 2.7 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 2,694 | 1,583.5 | 89% |
| Lot Size | 26,948 | 26,948 | 50% |
| Price | $5.00M | $2.07M | 89% |
| Price per sq ft | $1.9K | $1.4K | 83% |
| Built year | 1996 | 1975 | 89% |
| HOA | $4700.0 | $1.7K | 94% |
| Days on market | 4 | 185 | 6% |
Pricing History
Listed for Sale
Mar 2, 2026
$4,995,000
Initial Listing