4 months on rocket

201 Ocean Ave Unit 1603B, Santa Monica, CA, 90402

$1,175,000

Home List Price

$10,000*

Closing Credit

1 Bedroom
1 Full Bath
906 SqFt
$1,297/SqFt
Condo
Schools Nearby

Location

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201 Ocean Ave Unit 1603B, Santa Monica$1,175,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Community Structure
Year Built1971
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewIsland, City Lights, Other, Ocean
MLS #23340515
Lot Size1.33 Acres
StatusActive

About 201 Ocean Ave Unit 1603B

Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with high-end urban living. Enjoy sunet over the Malibu Coastline views in this upper level 1 bed | 1 bath unit. You won't want to leave this cozy 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 a generously-sized balcony offering incredible views of the ocean and Catalina Island. Your kitchen comes fitted with stainless steel appliances, custom cabinetry. While the primary suite features a lavish bathroom with a spacious shower and dual closets. 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.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1971
  • Stories: 19
  • Living Area: 906 SqFt

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sebastian Wolski

Interior Features

Interior Information:

  • Appliances: Dishwasher, Refrigerator
  • Interior: 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: Island, City Lights, Other, Ocean

Parking Information:

  • Parking: Assigned, Community Structure

Lot Features

Lot Information:

  • Lot Size: 1.33 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: San Vicente and Ocean Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,175,000
  • Price Per SqFt: $1,297/SqFt

HOA Fees:

  • Amount: $1261
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $17,585
  • 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

$1,109

Avg. Days On Market

45

# of Sold Homes

35

201 Ocean Ave Unit 1603B vs Santa Monica

130 DAYS ON ROCKET

+85 Days

$1,175,000

-$615.6K Less

$1,297/SqFt

+$187 More

KEY TAKEAWAY

This property is $615.6K less than the Median Sold Price and $187/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: #23340515

Listing Office:

  • Office Name: Compass
  • Office Phone: (310) 230-5478
  • Listing Agent: Sebastian Wolski

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: 4/27/2024, 4:25:20 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 1989Home Sold
$171,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,585$1,467,306
2020$17,289$1,452,262
2019$16,284$1,423,787
2018$16,214$1,395,870
2017$16,214$1,368,500

History based on county public records data.

Payment Calculator

$7,193

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,589

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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-1419646
8
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-1419647
9
/10
  • Lincoln Middle School

  • 1501 California Ave

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-1419648
9
/10
  • Santa Monica High School

  • 601 Pico Blvd

  • 1.97 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 majority of Santa Monica, CA residents have income between $35k-100k annually. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 201 Ocean Ave Unit 1603B

What is the listing price of this property?

The listing price of 201 Ocean Ave Unit 1603B property is $1,175,000.

What type of property is this?

The property 201 Ocean Ave Unit 1603B is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 201 Ocean Ave Unit 1603B 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 1603B 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 $17,585 (source: MLS/based on county public records data).

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

The last sale was on January 3, 1989 for $171,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 201 Ocean Ave Unit 1603B has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 201 Ocean Ave Unit 1603B is 906 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Ocean Ave Unit 1603B is 1971.

Rocket HomesCaliforniaLos Angeles CountySanta Monica90402201 Ocean Ave Unit 1603B

This home is located at 201 Ocean Ave Unit 1603B in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 906 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 December 18, 2023 and is currently priced at $1,175,000.

Over 13 listings were sold over their listed price in March 2024 in Santa Monica, CA. In the same period over 19 listings were sold below the listed price and 3 listings were sold for the listed price. Between February 2024 and March 2024, Santa Monica, CA real estate market has seen increase in the number of listings by 22.3%. In March 2024 median list price was $1,790,666 and the average listing age was 45 days.

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

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