new - 6 days on rocket

515 Ocean Ave Unit 404N, Santa Monica, CA, 90402

$2,599,000

2 Bedrooms
2 Full Baths
1,490 SqFt
$1,744/SqFt
Condo
Schools Nearby

Location

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Property Highlights

Home TypeCondominium
ParkingAssigned, Circular Driveway, Door-Multi, Underground, Garage, Guest, Gated, Community Structure, Storage
Year Built1976
HeatingCentral
CoolingCentral Air
FireplaceNone
ViewCity Lights, Other, Ocean, Panoramic
MLS #24388079
Lot Size1.55 Acres
StatusActive

About 515 Ocean Ave Unit 404N

Nestled on Santa Monica's iconic Ocean Avenue, Residence 404N at 515 Ocean Avenue offers more than just luxurious living, it provides a gateway to an active, healthy, and convenient lifestyle. Boasting designer finishes, Italian cabinetry throughout, premium appliances, and hardwood flooring, this residence offers sweeping views of the Pacific Ocean. Upon entry, a foyer guides you to the designer kitchen and main living spaces on the right, while the left wing houses all bedrooms and bathrooms. The open-concept kitchen, living, and dining space features floor-to-ceiling windows with unobstructed views of Palisades Park and beyond, promoting a seamless indoor-outdoor flow. The kitchen is equipped with quartz countertops, a Sub-zero refrigerator, Wolf electric range, wine refrigerator, dishwasher, and a designated dining area illuminated by a contemporary chandelier. The spacious main living area is bathed in natural light and leads to the unit's private balcony, perfect for enjoying the ocean breeze. In the left wing of the unit, the guest bedroom, currently utilized as an office/secondary living room, offers ample space and a modern full bathroom. At the end of the hallway awaits the private primary suite, featuring balcony access through a sliding glass door, providing breathtaking ocean views and relaxing sea breezes. The expansive spa-like primary bathroom boasts a dual vanity, separate tub and shower, and maintains the high-end finishes and attention to detail found throughout the residence. 2 enclosed parking spaces, security screened storage, and a dedicated laundry room comes with this unit for added convenience. Park Plaza offers full-service amenities, including a 24-hour concierge, security, gym, spa, and pool. Don't miss the chance to reside in one of the Westside's most coveted zip codes on the iconic Ocean Avenue.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1976
  • Stories: 0
  • Living Area: 1,490 SqFt

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Bjorn Farrugia

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Flooring Type: 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, Other, Ocean, Panoramic

Parking Information:

  • Parking: Assigned, Circular Driveway, Door-Multi, Underground, Garage, Guest, Gated, Community Structure, Storage

Lot Features

Lot Information:

  • Lot Size: 1.55 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: Corner of Ocean Avenue and Marguerita Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,599,000
  • Price Per SqFt: $1,744/SqFt

HOA Fees:

  • Amount: $1974
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $25,750
  • 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

515 Ocean Ave Unit 404N vs Santa Monica

6 DAYS ON ROCKET

-23 Days

$2,599,000

+$809.1K More

$1,744/SqFt

+$644 More

KEY TAKEAWAY

This property is $809.1K more than the Median Sold Price and $644/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: #24388079

Listing Office:

  • Office Name: Carolwood Estates
  • Office Phone: (310) 623-3600
  • Listing Agent: Bjorn Farrugia

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: 5/17/2024, 9:20:38 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

Jul 24, 2018Home Sold
$2,100,000
May 30, 2013Home Sold
$1,475,000
Mar 01, 2005Home Sold
$1,015,000

Tax History

YEARPROP. TAXASSESSMENT
2021$25,750$2,164,190
2020$27,422$2,142,000
2019$18,607$2,100,000
2018$18,529$1,596,330
2017$18,529$1,565,031

History based on county public records data.

Payment Calculator

$15K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,858

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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-2838342
7
/10

  • Roosevelt Elementary School

  • 801 Montana Ave

  • 0.58 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2838343
8
/10

  • Lincoln Middle School

  • 1501 California Ave

  • 1.17 miles

  • Public District Grades 6-8

High School

school-card-donut-2838344
9
/10

  • Santa Monica High School

  • 601 Pico Blvd

  • 1.70 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 majority of Santa Monica, CA residents have income between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 515 Ocean Ave Unit 404N

What is the listing price of this property?

The listing price of 515 Ocean Ave Unit 404N property is $2,599,000.

What type of property is this?

The property 515 Ocean Ave Unit 404N is a condo located in Santa Monica, California, 90402.

Is this property for sale now?

Active Listing: 515 Ocean Ave Unit 404N is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 515 Ocean Ave Unit 404N 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 $25,750 (source: MLS/based on county public records data).

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

The last sale was on July 24, 2018 for $2,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 515 Ocean Ave Unit 404N has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 515 Ocean Ave Unit 404N is 1,490 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 515 Ocean Ave Unit 404N is 1976.
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Rocket Homes›California›Los Angeles County›Santa Monica›90402›515 Ocean Ave Unit 404N

This home is located at 515 Ocean Ave Unit 404N in Santa Monica, CA and zip code 90402 in the North of Montana neighborhood. This 1,490 square foot home, which was built in 1976, sits on a 1.55 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $2,599,000.

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 inventory of homes for sale in Santa Monica, CA between March 2024 and April 2024 increased by 24.5%. The median list price of listings available in April 2024 was $1,789,833, while the average time on the real estate market was 29 days.

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

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