701 Ocean Avenue 110, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 3 bath
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701 Ocean Avenue 110
Santa Monica, California 90402
ACTIVE
CONDITION: EXCELLENT
2Beds
3Baths
1,624Sq Ft
41,952Lot Size
Property Price
LIST PRICE$1,945,000
EST. MARKET VALUE
$2,006,284
3% BelowMARKET VALUE
SUMMARY
This Turnkey Condominium is a High-Potential Investment Opportunity, listed at $1,945,000—positioned well below the $2,006,285 Fair Market Value by 3%. This valuation gap offers $61,285 in Instant Equity for the buyer. Featuring a Mint Condition Rating with high-end contemporary renovations, this residence offers a Modern Kitchen and Spa-Inspired Baths. Located in the Santa Monica-Malibu Unified School District, it provides a luxury coastal lifestyle with Rooftop Pool access. This is an ideal acquisition for Owner-Occupants or Discerning Professionals.
Estimated Market Value
$2,006,284+$61,284 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in Santa Monica.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Ocean Avenue 110 Subject | $1,945,000* List Price | 2 | 3 | 1,624 | $1,235 | - |
A 202 San Vicente Boulevard 15 Sold | $1,595,000 | 2 | 3 | 1,577 | $1,011 | 0.4 mi |
B 202 San Vicente Boulevard 6 Sold | $2,115,000 | 3 | 3 | 1,609 | $1,314 | 0.4 mi |
C 201 Ocean Avenue 1604p Sold | $1,825,000 | 3 | 3 | 1,554 | $1,174 | 0.5 mi |
D 446 San Vicente Boulevard 202 Sold | $1,397,000 | 2 | 2 | 1,215 | $1,150 | 0.5 mi |
E 201 Ocean Avenue 906p Sold | $1,800,000 | 2 | 2 | 1,229 | $1,465 | 0.5 mi |
F 201 Ocean Avenue 1206p Sold | $1,560,000 | 2 | 2 | 1,229 | $1,269 | 0.4 mi |
G 201 Ocean Avenue 1204b Sold | $1,845,000 | 3 | 3 | 1,554 | $1,187 | 0.4 mi |
H 201 Ocean Avenue 301p Active | $1,395,000 List Price | 2 | 2 | 1,262 | $1,105 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building was constructed in 1993, the unit has undergone a high-end, contemporary renovation within the last 5 years. The interior features a modern kitchen with premium integrated appliances, updated hardwood flooring, and spa-inspired bathrooms with designer fixtures. The property is in mint condition with no visible maintenance needs.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Franklin Elementary School (9/10).
- Prime Coastal Location
Situated on the prestigious Ocean Avenue, this residence offers unparalleled access to Santa Monica's world-class beaches, luxury shopping, and gourmet dining.
- Full-Service Luxury Amenities
The building provides a resort-style living experience with 24-hour concierge service and a spectacular rooftop pool and lounge area featuring panoramic ocean views.
CONSRISKS & DEFICIENCIES
- High Carrying Costs
The monthly association fee of $2,609 is significantly high, which may impact the overall affordability and investment yield for potential buyers.
- Lack of Private View
Despite the building's oceanfront location, this specific unit is listed as having no view, which may be a disadvantage compared to other units in the same complex.
About 701 Ocean Avenue 110
Welcome to coastal living at its finest. This spacious two-bedroom, three-bathroom condo offers approximately 1,624 square feet of thoughtfully designed livable space in one of Santa Monica's most prestigious full-service buildings. Located just moments from the beach, this elegant residence features an open floor plan, hardwood floors, a modern kitchen with premium appliances. The generous primary suite includes a walk-in closet and a spa-inspired en-suite bath. Enjoy resort-style amenities including a stunning rooftop pool and lounge area with expansive ocean views, ideal for relaxing or entertaining.Residents benefit from 24-hour concierge service, controlled access, secure parking, and on-site management. Just moments to world-class dining, shopping, and the beach. A rare opportunity to own in one of Santa Monica's premier buildings.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1993
- Lot Size
- 41,952 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $2609.0 / Month
Neighborhood Insights
Santa Monica Unified Schools
Roosevelt Elementary School
Grades K-5 • 0.5 mi
8/10
Franklin Elementary School
Grades PK-5 • 1.7 mi
9/10
Brentwood Science School
Grades K-5 • 2.7 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,624 | 1,332.636 |
| Lot Size | 41,952 | 8,171.182 |
| Price | $1.95M | $1.30M |
| Price per sq ft | $1.2K | $979 |
| Built year | 1993 | 1976 |
| HOA | $2609.0 | $553 |
| Days on market | 33 | 57 |
Pricing History
Listed for Sale
Aug 7, 2026
$1,945,000
Initial Listing
Sold
Jul 14, 2014
$1,845,018
Public Record
Sold
Oct 25, 2002
$715,000
Public Record