101 Ocean Avenue F402, Santa Monica, California 90402, Santa Monica, 90402 - 2 bed, 2 bath

101 Ocean Avenue F402, Santa Monica, California 90402 home-pic-0
ACTIVE$2,980,000
101 Ocean Avenue F402, Santa Monica, California 90402
2Beds
2Baths
1,385Sqft
85,245Lot
Year Built
1963
Close
-
List price
$2.98M
Original List price
$3.23M
Price/Sqft
$2,152
HOA
$2,344
Days on market
-
Sold On
-
MLS number
25542443
Home ConditionExcellent
Features
Excellent View: Ocean, Peek-A-Boo
Deck
Pool
Spa
Patio
ViewOcean, Peek-A-Boo

About this home

We found 3 Cons,5 Pros. Rank: price - $2.98M(86th), sqft - 1385(64th), beds - 2(50th), baths - 2(50th).

Wonderful opportunity to live in one of the most conveniently located, most sought after landmark condo buildings in Santa Monica. The building is a bridge to the city of Santa Monica and the Canyon providing easy access to the beach and city. The single-floor unit is accessed by an elevator offering one of the best ocean views in LA. Two bedrooms, two bathrooms, including the luxurious main bedroom suite, plus a fantastic cooks kitchen open to the dining area and living room. The public areas all face and relate to the outdoor patio and the views of the Pacific Ocean. The building offers multiple upscale amenities, including a newly renovated swimmer's pool, spa, outdoor kitchen, and sky lounge for entertaining. Additional features include a yoga studio, state-of-the-art fitness center, organic garden, a grassy dog run and direct beach access. There is 24-hour security, assigned parking, in-unit laundry making it a resort like environment.

Price History

Date
Event
Price
08/12/25
Price Change
$2,980,000
05/29/25
Listing
$3,225,000
Condition Rating
Excellent

Despite being built in 1963, the property has clearly undergone an extensive and recent renovation. The images showcase a modern, updated kitchen with stainless steel appliances and what appears to be granite countertops, and a sleek, contemporary bathroom with large format tiles and a glass shower enclosure. Hardwood flooring is present throughout the main living areas, and the overall aesthetic is clean and current. The description also highlights 'newly renovated' building amenities, reinforcing the property's high quality and move-in ready status with virtually new components, aligning perfectly with the 'Excellent' condition criteria for a recently and extensively renovated property.
Pros & Cons

Pros

Prime Coastal Location: Situated on Ocean Avenue in Santa Monica, offering unparalleled access to the beach and city amenities, making it a highly sought-after address.
Exceptional Ocean Views: Features 'one of the best ocean views in LA' from the unit's public areas and patio, significantly enhancing desirability and value.
Extensive Luxury Amenities: The building boasts a newly renovated pool, spa, outdoor kitchen, sky lounge, yoga studio, state-of-the-art fitness center, organic garden, dog run, and direct beach access, providing a resort-like living experience.
Modern Unit Features: The unit includes a fantastic cook's kitchen, a luxurious main bedroom suite, and convenient in-unit laundry, catering to modern living standards.
Enhanced Security & Convenience: Benefits from 24-hour security, assigned parking, and elevator access, contributing to a secure, comfortable, and hassle-free lifestyle.

Cons

Very High Association Fees: The monthly association fee of $2,344 is exceptionally high, adding a substantial ongoing cost to ownership that could deter some buyers.
Building Age: Constructed in 1963, the building's age may imply potential for older infrastructure or require more frequent maintenance/assessments, despite reported renovations.
High Price Per Square Foot: With a list price of $2.98 million for 1385 sqft, the property commands a very high price per square foot, potentially narrowing the pool of prospective buyers.

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