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201 Ocean Avenue 1105b, Santa Monica, California 90402, Santa Monica, 90402 - 1 bed, 1 bath

201 Ocean Avenue 1105b, Santa Monica, California 90402 home-pic-0
ACTIVE$799,999
201 Ocean Avenue 1105b, Santa Monica, California 90402
1Bed
1Bath
868Sqft
57,750Lot
Year Built
1971
Close
-
List price
$800K
Original List price
$899K
Price/Sqft
$922
HOA
$1,261.04
Days on market
-
Sold On
-
MLS number
24441571
Home ConditionGood
Features
Good View: Mountain(s)
Deck
Pool
Spa
ViewMountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $800.0K(33th), sqft - 868(33th), beds - 1(50th), baths - 1(50th).

Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. This is a beautifully updated quiet, back facing unit with stunning views of the Santa Monica Mountains. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with high-end urban living. Enjoy beautiful Santa Monica Mountain Views from this back facing 11th floor unit. With exclusive features like a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service, convenience and luxury are at your fingertips. Situated steps away from Santa Monica's finest dining on Montana Avenue, Third Street Promenade, and Ocean Avenue, culinary adventures await you. The unit itself boasts a spacious open-concept floor plan perfect for entertaining, wood flooring, and balcony. Your kitchen comes fitted with stainless steel appliances and custom cabinetry. Seize this opportunity to live your dream Santa Monica lifestyle at Ocean Towers, a statement of who you are, awaiting your arrival. Unit is available unfurnished only.

Nearby schools

8/10
Roosevelt Elementary School
Public,•K-5•0.8mi
8/10
Lincoln Middle School
Public,•6-8•1.4mi
8/10
Santa Monica High School
Public,•9-12•2.0mi
Condition Rating
Good
The property, built in 1971, has been 'beautifully updated' as stated in the description, which is supported by the images. The kitchen features stainless steel appliances and custom cabinetry, which appear to be from a renovation within the last 10-15 years, offering a clean and functional aesthetic. The unit boasts wood flooring throughout the main living areas and contemporary light fixtures. While not a brand-new renovation, it is move-in ready with no immediate updates required, and all visible components show minimal wear and tear, aligning with the 'Good' condition criteria for a property extensively renovated within 5 to 15 years.
Pros & Cons

Pros

Prime Oceanfront Location: Situated in Santa Monica's best oceanfront residence, adjacent to the iconic Santa Monica Beach and Palisades Park, and steps away from fine dining and shopping on Montana Avenue, Third Street Promenade, and Ocean Avenue.
Extensive Resort-Style Amenities: The building offers a comprehensive suite of luxury amenities including a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service.
Updated Interior & Modern Kitchen: The unit is beautifully updated with wood flooring, a spacious open-concept floor plan, and a kitchen fitted with stainless steel appliances and custom cabinetry.
Santa Monica Mountain Views: Enjoy stunning views of the Santa Monica Mountains from this 11th-floor unit, providing a picturesque backdrop.
High-End Lifestyle & Services: The property offers a luxurious lifestyle experience with high-end urban living and comprehensive services, reflecting a statement of prestige.

Cons

Stock Cooperative Ownership: The property is a 'Stock Cooperative,' which can involve different financing requirements, stricter board approval processes, and less direct ownership compared to traditional condominiums, potentially limiting the buyer pool.
High Monthly Association Fee: The monthly association fee of $1,261.04 is substantial and adds significantly to the ongoing cost of ownership, even with the extensive amenities offered.
Back-Facing Unit (No Ocean View): Despite being in an 'oceanfront residence,' the unit is explicitly described as 'back facing' with 'Santa Monica Mountain Views,' meaning it does not offer direct ocean views, which some buyers might expect from this location and floor.

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