3 months on rocket

101 Ocean Ave Unit E501, Santa Monica, CA, 90402

$3,495,000

2 Bedrooms
2 Full Baths
1,396 SqFt
$2,504/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAttached Carport, Assigned, Controlled Entrance, Covered
Attached GarageYes
Year Built1963
HeatingCentral, Heat Pump
CoolingHeat Pump
FireplaceNone
ViewOther, Ocean
MLS #24352987
Lot Size1.96 Acres
StatusActive

About 101 Ocean Ave Unit E501

Significant price improvement!!! Experience the best that Santa Monica has to offer in this phenomenal ocean view condo in the exclusive and iconic 101 Ocean Avenue building. The recently renovated building features a resort like atmosphere and easy access to: northside beaches, Santa Monica Canyon, Montana Avenue shopping and Palisades Park. Ideally located on the fifth floor this light and bright two bedroom, two bathroom condo offers ocean breezes and magnificent views of Santa Monica Bay and beyond. Amenities include: state-of-the-art gym, pool, hot tub, observation deck, yoga studio, private, gated, secure parking and a concierge. This is a rare opportunity to live a dream lifestyle available to only a select few

Property Details

Property Features

Property Information:

  • Architectural Style: Modern
  • Year Built: 1963
  • Stories: 10
  • Living Area: 1,396 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 458-0091
  • Listing Agent: Aaron Mirsky

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator, Dryer, Washer
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Other, Ocean

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached Carport, Assigned, Controlled Entrance, Covered

Lot Features

Lot Information:

  • Lot Size: 1.96 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Heat Pump

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • Lincoln Middle School, Public District Grades 6-8
  • Roosevelt Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: San Vicente to Ocean Avenue.

Price Information

Listing Price Info

Price Summary:

  • List Price: $3,495,000
  • Price Per SqFt: $2,504/SqFt

HOA Fees:

  • Amount: $2470
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $18,328
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Santa Monica, CA.

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,100

Avg. Days On Market

29

# of Sold Homes

50

101 Ocean Ave Unit E501 vs Santa Monica

90 DAYS ON ROCKET

+61 Days

$3,495,000

+$1.7M More

$2,504/SqFt

+$1.4K More

KEY TAKEAWAY

This property is $1.7M more than the Median Sold Price and $1.4K/SqFt more than other homes in Santa Monica, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24352987

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 458-0091
  • Listing Agent: Aaron Mirsky

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 5:25:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2012Home Sold
$1,360,000
Jun 15, 1995Home Sold
$449,000

Tax History

YEARPROP. TAXASSESSMENT
2021$18,328$1,547,195
2020$17,773$1,531,332
2019$17,737$1,501,307
2018$17,349$1,471,871
2017$17,349$1,443,012

History based on county public records data.

Payment Calculator

$19.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$10.5K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4561188
8
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.83 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4561189
9
/10
  • Lincoln Middle School

  • 1501 California Ave

  • 1.43 miles

  • Public District Grades 6-8

High School

school-card-donut-4561190
9
/10
  • Santa Monica High School

  • 601 Pico Blvd

  • 2.02 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,052. The most common annual income of people living in Santa Monica, CA is between $35k-100k. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 101 Ocean Ave Unit E501

What is the listing price of this property?

The listing price of 101 Ocean Ave Unit E501 property is $3,495,000.

What type of property is this?

The property 101 Ocean Ave Unit E501 is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 101 Ocean Ave Unit E501 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 101 Ocean Ave Unit E501 are:
Roosevelt Elementary School: GreatSchools Rating 8/10
Lincoln Middle School: GreatSchools Rating 9/10
Santa Monica High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $18,328 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2012 for $1,360,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 101 Ocean Ave Unit E501 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 101 Ocean Ave Unit E501 is 1,396 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 101 Ocean Ave Unit E501 is 1963.
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Rocket HomesCaliforniaLos Angeles CountySanta Monica90402101 Ocean Ave Unit E501

This home is located at 101 Ocean Ave Unit E501 in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 1,396 square foot home, which was built in 1963, sits on a 1.96 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since February 02, 2024 and is currently priced at $3,495,000.

Santa Monica, CA housing market in April 2024 saw over 22 listings sold above listed price, more than 7 sold at listed price and over 21 sold below. The inventory of homes for sale in Santa Monica, CA between March 2024 and April 2024 increased by 24.5%. In April 2024, listings were on the market for 29 days. During the same period, the median list price in this real estate market was $1,789,833.

From Rocket Homes Real Estate and based on county public records data.

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