4 months on rocket

201 Ocean Ave Unit 509B, Santa Monica, CA, 90402

$2,150,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths
1,562 SqFt
$1,376/SqFt
Condo
Schools Nearby

Location

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201 Ocean Ave Unit 509B, Santa Monica$2,150,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeStock Cooperative
ParkingAssigned, Circular Driveway, Controlled Entrance, Covered, Community Structure
Year Built1971
HeatingCentral, Forced Air
CoolingCentral Air
FireplaceNone
ViewIsland, City Lights, Other, Ocean
MLS #23340175
Lot Size1.33 Acres
StatusActive

About 201 Ocean Ave Unit 509B

Experience elevated living in this breathtaking 17-story high-rise overlooking the stunning Santa Monica coastline. Enjoy unobstructed views of the picturesque Santa Monica Mountains and the sparkling downtown city lights from every room. Welcome to this 5th floor gem w/3 bedrooms and 3 baths.. you feel connected with the California Beach Lifestyle. Enjoy your palm tree, beach, and ocean views while relaxing on your private balcony. Bathrooms have been renovated. This is a great value for a 3 bedroom corner unit. Enjoy your Galley Kitchen as it opens into dining area with floor to ceiling windows. With updated wood flooring and beautiful finishes add to the overall charm.Located in the heart of Santa Monica, this full-service building offers 24-hour valet parking, round-the-clock security, a resort-style pool, spa, and a state-of-the-art gym. Convenience is truly at your fingertips.Don't miss out on the opportunity to make this exquisite residence your own and indulge in a lifestyle of unparalleled beauty and sophistication. Your dream home awaits! Unit is tenant occupied but will be delivered vacant.

Property Details

Property Features

Property Information:

  • Architectural Style: Mid-Century Modern
  • Year Built: 1971
  • Stories: 19
  • Living Area: 1,562 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Refrigerator
  • Interior: Multiple Primary Suites, Walk-In Closet(s)
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Island, City Lights, Other, Ocean

Parking Information:

  • Parking: Assigned, Circular Driveway, Controlled Entrance, Covered, Community Structure

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 ofSan Vicente + Ocean Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,150,000
  • Price Per SqFt: $1,376/SqFt

HOA Fees:

  • Amount: $2250
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $14,661
  • 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

201 Ocean Ave Unit 509B vs Santa Monica

138 DAYS ON ROCKET

+109 Days

$2,150,000

+$360.1K More

$1,376/SqFt

+$276 More

KEY TAKEAWAY

This property is $360.1K more than the Median Sold Price and $276/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: #23340175

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: 5/2/2024, 6:25:19 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$14,661$1,212,412
2020$14,412$1,199,981
2019$13,579$1,176,453
2018$13,519$1,153,386
2017$13,519$1,130,771

History based on county public records data.

Payment Calculator

$13K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,512

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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-4574402
8
/10
  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.76 miles

  • Public District Grades KG-5

Middle School

school-card-donut-4574403
9
/10
  • Lincoln Middle School

  • 1501 California Ave

  • 1.36 miles

  • Public District Grades 6-8

High School

school-card-donut-4574404
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. 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 509B

What is the listing price of this property?

The listing price of 201 Ocean Ave Unit 509B property is $2,150,000.

What type of property is this?

The property 201 Ocean Ave Unit 509B is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 201 Ocean Ave Unit 509B 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 509B 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 $14,661 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 201 Ocean Ave Unit 509B has 3 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 201 Ocean Ave Unit 509B is 1,562 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 201 Ocean Ave Unit 509B is 1971.

Rocket HomesCaliforniaLos Angeles CountySanta Monica90402201 Ocean Ave Unit 509B

This home is located at 201 Ocean Ave Unit 509B in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 1,562 square foot home, which was built in 1971, sits on a 1.33 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 16, 2023 and is currently priced at $2,150,000.

In April 2024 more than 22 listings in Santa Monica, CA were sold above the asking price. During the same period more than 7 listings were sold at asking price, while more than 21 were sold below. The number of listings in Santa Monica, CA increased by 24.5% between March 2024 and April 2024. In April 2024 median list price was $1,789,833 and the average listing age was 29 days.

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

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