101 Ocean Avenue E501, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 2 bath

101 Ocean Avenue E501, Santa Monica, California 90402 home-pic-0
ACTIVE UNDER CONTRACT$2,495,000
101 Ocean Avenue E501, Santa Monica, California 90402
2Beds
2Baths
1,396Sqft
85,245Lot
Year Built
1963
Close
-
List price
$2.5M
Original List price
$2.5M
Price/Sqft
$1,787
HOA
$2,344
Days on market
-
Sold On
-
MLS number
25611299
Home ConditionExcellent
Features
Excellent View: Ocean
Deck
Pool
Spa
Patio
ViewOcean

About this home

We found 3 Cons,6 Pros. Rank: price - $2.50M(79th), sqft - 1396(64th), beds - 2(50th), baths - 2(50th).

Experience elevated coastal living at 101 Ocean Avenue, one of Santa Monica's premier oceanfront full-service luxury buildings. This spacious two-bedroom, two-bath residence features open living and dining areas flowing to a generous deck overlooking the Santa Monica coastline north to Point Dume. The kitchen boasts stainless steel appliances and stone countertops. Down the hallway, past a flexible office space/storage room and full bath, are two bedrooms each with large walk-in closets and private entrances; the primary suite includes a spa-like bath with soaking tub and dual vanities. Residents enjoy resort-style amenities including 24-hour front desk and security, newly redesigned grounds with pool, spa, outdoor kitchen with BBQ and pizza oven, fitness center, yoga room, dog park, organic gardens, and sky lounge plus direct beach access. Perfectly positioned near Montana Avenue and downtown Santa Monica, with easy access to local favorites like Giorgio Baldi, Golden Bull, and Canyon Square, 101 Ocean offers an unparalleled blend of coastal luxury, convenience, and iconic Santa Monica living.

Nearby schools

8/10
Roosevelt Elementary School
Public,K-50.9mi
9/10
Franklin Elementary School
Public,PK-52.0mi
5/10
Brentwood Science School
Public,K-52.9mi
8/10
Lincoln Middle School
Public,6-81.5mi
8/10
Santa Monica High School
Public,9-122.1mi

Price History

Date
Event
Price
10/27/25
Listing
$2,495,000
10/02/12
Sold
$1,360,000
Condition Rating
Excellent

Despite being built in 1963, this unit has undergone an extensive and recent renovation, evident from the images. The kitchen features modern white shaker cabinets, stone countertops, subway tile backsplash, and high-end stainless steel appliances (integrated refrigerator, double oven, induction cooktop). The bathrooms are luxurious with marble-look tiling, modern dual vanities, a soaking tub, and glass-enclosed showers. The flooring throughout is contemporary wood-look, and all fixtures appear new. The overall aesthetic is fresh, modern, and move-in ready, meeting current quality standards with no visible deferred maintenance.
Pros & Cons

Pros

Great Schools: Elementary School: Franklin Elementary School (9/10).
Prime Oceanfront Location & Views: Situated directly on Ocean Avenue in Santa Monica, this residence offers unparalleled coastal living with expansive views of the Santa Monica coastline and direct beach access, a highly coveted feature.
Luxury Full-Service Building: As one of Santa Monica's premier full-service luxury buildings, it provides 24-hour front desk and security, ensuring convenience, prestige, and peace of mind for residents.
Extensive Resort-Style Amenities: Residents enjoy a comprehensive suite of high-end amenities including a pool, spa, outdoor kitchen with BBQ and pizza oven, fitness center, yoga room, dog park, organic gardens, and a sky lounge.
Modern & Spacious Interior: The unit features an open living and dining area, a generous deck, a kitchen with stainless steel appliances and stone countertops, a spa-like primary bath with soaking tub and dual vanities, and flexible office/storage space.
Exceptional Walkability & Proximity: Perfectly positioned near Montana Avenue and downtown Santa Monica, offering easy access to upscale dining, shopping, and local favorites, enhancing the urban coastal lifestyle.

Cons

High Association Fees: The monthly association fee of $2344.0 is substantial and represents a significant ongoing cost that potential buyers must factor into their budget.
Building Age: Built in 1963, the building is over 60 years old. While the unit and grounds appear updated, the age of the overall structure could lead to potential future assessments or maintenance concerns for common areas and infrastructure.
Lack of Explicit Cooling System: The property description does not explicitly mention an air conditioning or cooling system, which could be a drawback for some buyers, particularly during warmer periods, despite Santa Monica's generally mild climate.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state