
Santa Monica, California 90402
This Turnkey Coastal Condominium is a Strong Value Opportunity, listed at $1,995,000—positioned well below the $2,082,198 Fair Market Value by 4%. This valuation gap offers $87,198 in Instant Equity for the buyer. Featuring a Mint Condition Rating with a modern kitchen and spa-inspired bath, this residence offers resort-style amenities including a Rooftop Pool and 24-hour concierge. Located in the Santa Monica-Malibu Unified district near top-rated schools, it is an ideal acquisition for Luxury Homebuyers or Owner-Occupants seeking a sophisticated, move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 701 Ocean Avenue 110 Subject | $1,995,000* List Price | 2 | 3 | 1,624 | $1,282 | - |
A 202 San Vicente Boulevard 6 Sold | $2,115,000 | 3 | 3 | 1,609 | $1,314 | 0.4 mi |
B 201 Ocean Avenue 1604p Sold | $1,825,000 | 3 | 3 | 1,554 | $1,174 | 0.5 mi |
C 713 9th Street 3 Sold | $2,025,000 | 3 | 3 | 1,582 | $1,280 | 0.6 mi |
D 201 Ocean Avenue 906p Sold | $1,800,000 | 2 | 2 | 1,229 | $1,465 | 0.5 mi |
E 201 Ocean Avenue 1206p Sold | $1,560,000 | 2 | 2 | 1,229 | $1,269 | 0.4 mi |
F 201 Ocean Avenue 1204b Sold | $1,845,000 | 3 | 3 | 1,554 | $1,187 | 0.4 mi |
G 701 Ocean Avenue 110 Active | $2,395,000 List Price | 2 | 3 | 1,624 | $1,475 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the building was constructed in 1993, the interior has undergone a high-end modern renovation within the last 5 years. It features a contemporary kitchen with premium appliances, updated hardwood floors, and a spa-inspired bathroom with modern tiling and fixtures, placing it in mint, move-in ready condition.
Elementary School: Franklin Elementary School (9/10).
Situated on the prestigious Ocean Avenue, this residence offers immediate access to Santa Monica's world-class beaches, high-end dining, and luxury shopping.
The building provides a resort-style living experience with 24-hour concierge service and a stunning rooftop pool and lounge area featuring expansive ocean views.
The association fee of $2,609 per month is substantial and may be a deterrent for buyers sensitive to high recurring ownership expenses.
Despite the building's prime oceanfront location, this specific unit is listed as having no view, which may impact its competitive value compared to other units in the building.
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.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades PK-5 • 1.7 mi
Grades K-5 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 3.0 | 2.0 | 57% |
| Square foot | 1,624 | 1,554 | 78% |
| Lot Size | 41,952 | 38,619 | 57% |
| Price | $2.00M | $2.02M | 48% |
| Price per sq ft | $1.2K | $1.3K | 35% |
| Built year | 1993 | 1971 | 87% |
| HOA | $2609.0 | $2.1K | 83% |
| Days on market | 36 | 188 | 9% |
May 9, 2026
$1,995,000
Initial Listing
Jul 14, 2014
$1,845,018
Public Record
Oct 25, 2002
$715,000
Public Record