tomo logo

$3,199,000

Beds
2
Baths
2.0
sq ft
1,396

101 Ocean Ave Unit E501, Santa Monica, CA 90402

101 Ocean Ave Unit E501

Santa Monica, CA 90402

  • 150 days on market
    • Price drop $296,000↓
Major Price Reduction!!! Experience the best that Santa Monica has to offer in this phenomenal ocean view condo in the exclusive and iconic 101 Ocean Avenue building. The recently renovated building features a resort like atmosphere and easy access to: northside beaches, Santa Monica Canyon, Montana Avenue shopping and Palisades Park. This iconic building is going through a renovation of all it's common areas. Ideally located on the fifth floor this light and bright two bedroom, two bathroom condo offers ocean breezes and magnificent views of Santa Monica Bay and beyond. Amenities include: state-of-the-art gym, pool, hot tub, observation deck, yoga studio, private, gated, secure parking and a concierge. This is a rare opportunity to live a dream lifestyle available to only a select few

Details

Property type

Condominium

Est. home value

$3,600,877

Lot size

1.957 acres

Price per sq ft

$2,292

Year built

1963

Monthly HOA fee

$2,470

Price History

06/14/2024
CLAW

CLAW #24352987

Price change
$3,199,000
-8.47%
04/06/2024
CLAW

CLAW #24352987

Price change
$3,495,000
-5.41%
02/02/2024
CLAW

CLAW #24352987

Listed
$3,695,000

Schools & Community

Neighborhood: 

Pacific Palisades

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Pay Phones Plus

Loan start date

April 2004

Original loan amount

$50,000

Est. remaining balance

Not provided

Interest rate

5.58%

Loan type

Not Provided

Seller

Robin Chamberlin

Lender

Trans Capital Mtg Inc

Loan start date

May 1995

Original loan amount

$359,200

Est. remaining balance

$28,875

Interest rate

8.4%

Loan type

Not Provided, 30 year

Seller

Robin Chamberlin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/01/2024 at 10:05 AM

Listing updated: 06/26/2024 at 11:39 AM

Listed by: Aaron Mirsky, Compass Phone #: (310) 820-0195

MLS: CLAW #24352987

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