101 California Avenue Unit 403, Santa Monica, California 90403, Santa Monica, 90403 - 1 bed, 1 bath

101 California Avenue Unit 403, Santa Monica, California 90403 home-pic-0
ACTIVE$899,000
101 California Avenue Unit 403, Santa Monica, California 90403
1Bed
1Bath
674Sqft
18,751Lot
Year Built
1964
Close
-
List price
$899K
Original List price
$899K
Price/Sqft
$1,334
HOA
$1,020.98
Days on market
-
Sold On
-
MLS number
23333393
Home ConditionGood
Features
Excellent View: City Lights, Coastline, Ocean
Pool
ViewCity Lights,Coastline,Ocean

About this home

We found 3 Cons,6 Pros. Rank: price - $899.0K(24th), sqft - 674(5th), beds - 1(15th), baths - 1(16th).

A stellar location on California at Ocean Ave, the iconic, palm tree lined parkway overlooking the Pacific with spectacular views of the ocean and coastline from Santa Monica to Malibu. The Santa Monica Bay Towers exudes a comfortable elegance befitting its proximity to world class hotels and eateries. The building has a doorman, heated and newly refurbished community pool, and community laundry. A perfect pied a terre with 1 bedroom and bath, open living area, ocean view from the living and sleeping areas, and direct access to a private patio. An exceptional offering just a short stroll from the parkway path to the beach and ocean, and all of Santa Monica's entertainment and amenities. *Photos have been virtually staged.

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.6mi
9/10
Franklin Elementary School
Public,PK-51.8mi
8/10
Lincoln Middle School
Public,6-81.0mi
8/10
Santa Monica High School
Public,9-121.1mi
Condition Rating
Good

Despite being built in 1964, the property appears to have undergone significant renovations, particularly in the kitchen and bathroom, likely within the last 5-15 years. The kitchen features modern white shaker cabinets, light countertops, subway tile backsplash, stainless steel appliances, and recessed lighting. The bathroom boasts a modern floating vanity, contemporary fixtures, subway tile in the shower, and large format floor tiles. The flooring throughout the living areas is a consistent wood-look material. While the description notes virtual staging, the underlying fixtures and finishes in the kitchen and bathroom are clearly updated and in good condition. The building's common areas, including the pool, also appear well-maintained and refurbished. The unit is move-in ready with no immediate renovations required, aligning with the 'Good' score criteria for a property extensively renovated within 5 to 15 years.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Unbeatable Coastal Location: Situated on California at Ocean Ave, the property offers immediate access to the beach, parkway, world-class hotels, eateries, and all of Santa Monica's entertainment and amenities.
Panoramic Ocean & Coastline Views: Features spectacular, unobstructed views of the Pacific Ocean and coastline from Santa Monica to Malibu, visible from both living and sleeping areas.
Premium Building Amenities: The Santa Monica Bay Towers building provides a doorman, a heated and newly refurbished community pool, and community laundry, enhancing comfort and luxury.
Private Outdoor Space: The unit includes direct access to a private patio, offering valuable and desirable outdoor living space.
Ideal Pied-à-terre: Described as a 'perfect pied a terre,' it is well-suited as a luxury secondary residence or a high-end urban retreat due to its prime location and amenities.

Cons

High Monthly Association Fees: The association fee of $1,020.98 per month is substantial and adds significantly to the overall cost of ownership for a 1-bedroom unit.
Building Age: Constructed in 1964, the 60-year-old building may present concerns regarding potential future maintenance, infrastructure updates, or dated common areas despite some refurbishments.
Limited Unit Size: With only 1 bedroom and 1 bath across 674 sqft, the unit's compact footprint may restrict its appeal to a niche market, primarily individuals or couples seeking a smaller luxury living space.

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