tomo logo

$2,950,000

Beds
2
Baths
2.0
sq ft
1,396

1033 Ocean Ave Unit 401, Santa Monica, CA 90403

1033 Ocean Ave Unit 401

Santa Monica, CA 90403

  • 117 days on market
TOP FLOOR PENTHOUSE with HIGH CEILINGS and TONS OF LIGHT! AMAZING OCEAN VIEWS! Great location! Only steps away from the Third Street Promenade, the Santa Monica Pier & all that downtown Santa Monica has to offer. This is a very well maintained 16-unit building with only 4 units per floor! Unit is remodeled and upgraded with all new high-end appliances. In-unit laundry. 2 side-by-side parking spaces. Wet bar, large master suite with walk-in closet and ocean view balcony, perfect for watching the sunset. AMAZING VIEWS of the Pacific Ocean from the living room and all bedrooms! Photos were taken in 2021.

Details

Property type

Condominium

Est. home value

$1,856,446

Lot size

0.344 acres

Price per sq ft

$2,114

Year built

1981

Monthly HOA fee

$925

Price History

03/08/2024
CRMLS

CRMLS #WS24043668

Listed
$2,950,000

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Santa Monica-Malibu Unified

Number of units in community: 

16

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

East West Bank

Loan start date

January 2020

Original loan amount

$250,000

Est. remaining balance

Not provided

Interest rate

3.39%

Loan type

Credit Line (Revolving), 30 year

Seller

Ningling Jiang

Lender

Bridgeway Capital Limited

Loan start date

March 2011

Original loan amount

$1,200,000

Est. remaining balance

Not provided

Interest rate

4.71%

Loan type

Not Provided

Seller

Ningling Jiang

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: 07/03/2024 at 11:30 AM

Listing updated: 07/01/2024 at 5:03 PM

Listed by: CAROL LI, FIDELITY REALTORS Phone #: (626) 282-0828

MLS: CRMLS #WS24043668

CRMLS logo

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