tomo logo

$3,999,000

Beds
3
Baths
3.0
sq ft
2,847

110 Ocean Park Blvd Unit 505, Santa Monica, CA 90405

110 Ocean Park Blvd Unit 505

Santa Monica, CA 90405

  • 38 days on market
Incredible opportunity to own a one of a kind penthouse in Santa Monica. This sun-filled three bedroom, three and a half bath condo features over 2,800 square feet of luxurious living with ocean views from every room.The entryway leads to an entertaining area and flows into a bright, open living room with breathtaking vistas. The designer kitchen is equipped with top of the line Miele appliances, there's a formal dining room complete with its own wet bar, all accented by hardwood floors. The two main ensuite bedrooms are located on opposite sides of the condo, each with walk-in closets and private balconies. The third bedroom functions as an ensuite loft with a bonus room on the side perfect for entertaining and hosting guests, an office or a relaxing space to enjoy the waves with additional balconies.Surrounded by palm trees and just steps from the beach, this exceptional property boasts stunning views and multiple patios for soaking up the sun and taking in all that Santa Monica has to offer. The Sea Colony III enhances your lifestyle with 24-hour security, tranquil fountains, a pool, multiple spas, lounging areas, a gym, a yoga room, a sauna, and inviting public spaces.

Details

Property type

Condominium

Est. home value

$7,832,216

Lot size

4.5047 acres

Price per sq ft

$1,405

Year built

1987

Monthly HOA fee

$1,574

Price History

10/17/2024
CLAW

CLAW #24454191

Listed
$3,999,000
-19.94%
09/25/2024
CLAW

CLAW #24388535

Removed
$4,995,000
09/02/2024
CLAW

CLAW #24388535

Price change
$4,995,000
-16.75%

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated

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

Nextres Llc

Loan start date

November 2023

Original loan amount

$2,015,000

Est. remaining balance

Not provided

Interest rate

Not provided

Loan type

Commercial, 1 year

Seller

Robert Abrams

Lender

Bank Of America National Assn

Loan start date

December 2002

Original loan amount

$535,000

Est. remaining balance

$0

Interest rate

5.51%

Loan type

Not Provided, 16 year

Seller

Robert Abrams

Lender

The Richland Group

Loan start date

November 1998

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

7%

Loan type

Not Provided, 30 year

Seller

Robert Abrams

Lender

Washington Mutual Bank Fa

Loan start date

May 1998

Original loan amount

$560,000

Est. remaining balance

Not provided

Interest rate

7.37%

Loan type

Not Provided, 30 year

Seller

Robert Abrams

Lender

Oakmont Mtg Company Inc

Loan start date

February 1998

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

6.55%

Loan type

Credit Line (Revolving), 15 year

Seller

Robert S Abrams

Lender

American Svg Bank

Loan start date

April 1997

Original loan amount

$460,000

Est. remaining balance

Not provided

Interest rate

4.95%

Loan type

Not Provided, 30 year

Seller

Robert S Abrams

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: 11/24/2024 at 4:05 PM

Listing updated: 11/19/2024 at 11:30 AM

Listed by: Bjorn Farrugia, Carolwood Estates Phone #: (310) 623-3600

MLS: CLAW #24454191

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