16 days on rocket

201 Ocean Ave Unit 1505B, Santa Monica, CA, 90402

$1,550,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
868 SqFt
$1,786/SqFt
Condo
Schools Nearby

Location

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201 Ocean Ave Unit 1505B, Santa Monica$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingAssigned, Controlled Entrance, Community Structure, Valet
Garage1 space
Year Built1971
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceNone
ViewCity Lights, Canyon, Mountain(s)
MLS #24384363
Lot Size1.33 Acres
StatusActive

About 201 Ocean Ave Unit 1505B

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1971
  • Stories: 19
  • Living Area: 868 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: Nili Hudson

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave, Refrigerator, Range Hood
  • Interior: Balcony, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

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

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, Controlled Entrance, Community Structure, Valet

Lot Features

Lot Information:

  • Lot Size: 1.33 Acres

Utilities

Utilities Information:

  • Heating: Central, Forced Air
  • Cooling: Central Air

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: Corner of Ocean Avenue and San Vicente. North of Wilshire!

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000
  • Price Per SqFt: $1,786/SqFt

HOA Fees:

  • Amount: $977
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $8,330
  • 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

$1,100

Avg. Days On Market

29

# of Sold Homes

50

201 Ocean Ave Unit 1505B vs Santa Monica

16 DAYS ON ROCKET

-13 Days

$1,550,000

-$239.8K Less

$1,786/SqFt

+$686 More

KEY TAKEAWAY

This property is $239.8K less than the Median Sold Price and $686/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: #24384363

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 820-0195
  • Listing Agent: Nili Hudson

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: 5/16/2024, 12:55:34 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$8,330$671,205
2020$8,182$664,324
2019$7,715$651,299
2018$7,676$638,530
2017$7,676$626,011

History based on county public records data.

Payment Calculator

$8,780

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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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-1955116
7
/10

  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1955117
8
/10

  • Lincoln Middle School

  • 1501 California Ave

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-1955118
9
/10

  • Santa Monica High School

  • 601 Pico Blvd

  • 1.97 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 $89,052. The most common annual income of people living in Santa Monica, CA is between $35k-100k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 201 Ocean Ave Unit 1505B

What is the listing price of this property?

The listing price of 201 Ocean Ave Unit 1505B property is $1,550,000.

What type of property is this?

The property 201 Ocean Ave Unit 1505B is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 201 Ocean Ave Unit 1505B is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 201 Ocean Ave Unit 1505B are:
Roosevelt Elementary School: GreatSchools Rating 7/10
Lincoln Middle School: GreatSchools Rating 8/10
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 $8,330 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 201 Ocean Ave Unit 1505B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 201 Ocean Ave Unit 1505B is 868 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Ocean Ave Unit 1505B is 1971.

Rocket Homes›California›Los Angeles County›Santa Monica›90402›201 Ocean Ave Unit 1505B

This home is located at 201 Ocean Ave Unit 1505B in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 868 square foot home, which was built in 1971, sits on a 1.33 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since April 29, 2024 and is currently priced at $1,550,000.

While more than 22 listings in Santa Monica, CA in April 2024 were sold above asking price, there were more than 7 listings sold at asking price, and more than 21 were sold below. Between March 2024 and April 2024, Santa Monica, CA real estate market has seen increase in the number of listings by 24.5%. While the average time on the market in April 2024 was 29 days, the median list price was $1,789,833.

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

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