3 months on rocket

1705 Ocean Ave Unit 509, Santa Monica, CA, 90401

$2,199,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
2 Full Baths
1,324 SqFt
$1,661/SqFt
Condo
Schools Nearby

Location

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1705 Ocean Ave Unit 509, Santa Monica$2,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingSide By Side
Year Built2014
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Mountain(s), Ocean, Pier
MLS #24349405
Lot Size0.94 Acres
StatusActive

About 1705 Ocean Ave Unit 509

Enjoy stunning ocean and mountain views and immerse yourself in Santa Monica's finest coastal living in this meticulously designed luxury condo at the renowned Waverly building, where NYC lifestyle meets the beach. Situated on a higher floor level, this pied-a-terre unit with floor-to-ceiling window walls is saturated in natural light. The open concept layout of kitchen, dining, and living room leads to an expansive balcony that invites you to unwind and watch the sunset. Wake up in your primary suite to dramatic views of the ocean and mountain. This quiet retreat is completed with a generous walk-in closet and a spa-like bath. The second bedroom features built-ins, including a Murphy bed, offering diverse functionality as an office and a guest bedroom. Other features include hardwood floors throughout, sleek lighting, and electronic blinds. Two side-by-side gated parking spots and an additional storage unit are designated for this unit. The Waverly, designed by world-renowned architect Marmol Radziner, is a full-service building with a 24-hour concierge, cutting-edge fitness facility, and a Sky Bridge lounge available to residents for entertaining guests. Just a few blocks from the Santa Monica beach, pier, as well as downtown, the location offers a variety of leisure and recreation activities, as well as dining and shopping experiences.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 2014
  • Stories: 6
  • Living Area: 1,324 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Melanie Tielmann

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Interior: Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Mountain(s), Ocean, Pier

Parking Information:

  • Parking: Side By Side

Lot Features

Lot Information:

  • Lot Size: 0.94 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Santa Monica High School, Public District Grades 9-12
  • John Adams Middle School, Public District Grades 6-8
  • John Muir Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: On Ocean Ave & Olympic, Retail Parking accessible from Ocean Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,199,000
  • Price Per SqFt: $1,661/SqFt

HOA Fees:

  • Amount: $1731
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $28,361
  • Tax Year: 2021
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Housing Market Comparison

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

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Santa Monica, CA

City

Med. Sold Price

$1.7M

Med. Price/SqFt

$1,109

Avg. Days On Market

45

# of Sold Homes

35

1705 Ocean Ave Unit 509 vs Santa Monica

94 DAYS ON ROCKET

+49 Days

$2,199,000

+$408.3K More

$1,661/SqFt

+$551 More

KEY TAKEAWAY

This property is $408.3K more than the Median Sold Price and $551/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: #24349405

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 437-7500
  • Listing Agent: Melanie Tielmann

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: 4/29/2024, 9:22:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$28,361$2,433,358

History based on county public records data.

Payment Calculator

$12.7K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,659

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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-3018929
6
/10

  • John Muir Elementary School

  • 2526 6th St

  • 0.72 miles

  • Public District Grades KG-5

Middle School

school-card-donut-3018930
7
/10

  • John Adams Middle School

  • 2425 16th St

  • 1.29 miles

  • Public District Grades 6-8

High School

school-card-donut-3018931
9
/10

  • Santa Monica High School

  • 601 Pico Blvd

  • 0.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,154. Residents of Santa Monica, CA typically earn less than $35k each year. Typical family type is 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 1705 Ocean Ave Unit 509

What is the listing price of this property?

The listing price of 1705 Ocean Ave Unit 509 property is $2,199,000.

What type of property is this?

The property 1705 Ocean Ave Unit 509 is a condo located in Santa Monica, California, 90401.

Is this property for sale now?

Active Listing: 1705 Ocean Ave Unit 509 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1705 Ocean Ave Unit 509 are:
John Muir Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 7/10
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 $28,361 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1705 Ocean Ave Unit 509 has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1705 Ocean Ave Unit 509 is 1,324 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1705 Ocean Ave Unit 509 is 2014.

Rocket Homes›California›Los Angeles County›Santa Monica›90401›1705 Ocean Ave Unit 509

This home is located at 1705 Ocean Ave Unit 509 in Santa Monica, CA and zip code 90401 in the Downtown Santa Monica neighborhood. This 1,324 square foot home, which was built in 2014, sits on a 0.94 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 25, 2024 and is currently priced at $2,199,000.

In March 2024, from all listings sold in Santa Monica, CA there were more than 13 sold above asking price, over 19 sold below and more than 3 were sold right at the asked price. In March 2024 in Santa Monica, CA there were 22.3% more homes for sale than in February 2024. The median list price of listings available in March 2024 was $1,790,666, while the average time on the real estate market was 45 days.

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

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