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201 Ocean Avenue 1505b, Santa Monica, California 90402, Santa Monica, 90402 - 1 bed, 1 bath

201 Ocean Avenue 1505b, Santa Monica, California 90402 home-pic-0
ACTIVE$845,000
201 Ocean Avenue 1505b, Santa Monica, California 90402
1Bed
1Bath
868Sqft
57,750Lot
Year Built
1971
Close
-
List price
$845K
Original List price
$845K
Price/Sqft
$974
HOA
$977.33
Days on market
-
Sold On
-
MLS number
25571831
Home ConditionExcellent
Features
Excellent View: City Lights, Canyon, Mountain(s)
Deck
Pool
Spa
ViewCity Lights,Canyon,Mountain(s)

About this home

We found 3 Cons,5 Pros. Rank: price - $845.0K(33th), sqft - 868(33th), beds - 1(50th), baths - 1(50th).

Exquisitely designed and remodeled 1 Bedroom, 1 Bathroom with tranquil & majestic Mountain and City Views! This gorgeous home is flooded with natural light and features gorgeous hardwood floors & custom cabinetry, recessed lighting and high end detailed finishes throughout. Move right into this beauty! Fabulous storage options everywhere you look. A larger floor plan than the typical "05" units with optional use of space for possible work area, plus a wonderful balcony to enjoy dining al-fresco. Enjoy a luxurious lifestyle at Ocean Avenue's most coveted and full service, full amenity building, Ocean Towers. Overlooking Santa Monica's sensational Bay and the exquisite 26-acre, Palisades Park. Ocean Towers offers 24-hour doormen and valet, a beautiful lobby, state-of-the-art workout facility, an exquisite ocean view deck with swimmer's pool and spa, and a wonderful banquet room. Moments to all of Santa Monica's sensational boutiques, dining, cafes, beaches, entertainment, bike paths and more!

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

Price History

Date
Event
Price
07/30/25
Listing
$845,000
Condition Rating
Excellent
Despite being built in 1971, the property has been 'exquisitely designed and remodeled' with 'high end detailed finishes throughout,' as stated in the description. The images confirm this, showcasing gorgeous hardwood floors, modern custom cabinetry, stainless steel appliances in the kitchen, and updated, clean bathrooms with contemporary fixtures. Recessed lighting is present throughout, and the overall aesthetic is fresh and move-in ready with no visible deferred maintenance or wear and tear. The property appears virtually new inside, aligning with the 'Excellent' criteria for an extensively renovated home.
Pros & Cons

Pros

Premier Santa Monica Location: Direct access to Ocean Avenue, Palisades Park, beaches, and vibrant downtown Santa Monica's boutiques, dining, and entertainment.
Luxurious Full-Service Building: Ocean Towers offers extensive amenities including 24-hour doorman, valet, state-of-the-art gym, ocean view pool/spa deck, and banquet room, providing a high-end lifestyle.
Exquisitely Remodeled Interior: The unit boasts high-end finishes, hardwood floors, custom cabinetry, and recessed lighting, making it move-in ready and aesthetically superior.
Majestic Mountain & City Views: Enjoy tranquil and majestic mountain and city views, complemented by abundant natural light and a private balcony for al-fresco dining.
Spacious & Functional Floor Plan: A larger-than-typical 1-bedroom layout (868 sqft) offers flexible space for a work area and ample storage, enhancing livability.

Cons

Stock Cooperative Ownership: The property's 'Stock Cooperative' status can limit financing options, require board approval for transactions, and may not appeal to all buyers accustomed to traditional condominium ownership.
High Monthly Association Fees: The significant monthly association fee of $977.33 adds a considerable ongoing cost to ownership, which could be a barrier for some prospective buyers.
Building Age & Potential Future Assessments: Built in 1971, the building is over 50 years old, which, despite current amenities, could imply potential for future large-scale maintenance or special assessments.

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