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$1,325,000

Beds
1
Baths
1.5
sq ft
1,163

1705 Ocean Ave Unit 412, Santa Monica, CA 90401

1705 Ocean Ave Unit 412

Santa Monica, CA 90401

  • 45 days on market
    • Price drop $57,000↓
    • Open house Apr 06
Experience luxury beachfront living at its finest. Designed by world-renowned Marmol Radziner, this spacious 1-bedroom condo, plus a versatile den (perfect for an office or extra room), features 1.5 baths and breathtaking views of the park, mountains, and partial ocean. The bright, open floor plan is enhanced by exquisite modern finishes, including a designer kitchen with high-end stainless steel appliances and breakfast bar. The master suite boasts a generous walk-in closet and an oversized soaking tub, offering a true retreat. Located across the street from the beach, and within walking distance to shops, restaurants, and Main Street, this residence places you in the heart of Santa Monica. The Waverly offers an unparalleled lifestyle with 24-hour doorman service, a full-time concierge, an Equinox-designed gym, and a stunning Sky Lounge. Come experience the best of Santa Monica living!

Details

Property type

Condominium

Est. home value

$2,750,770

Lot size

Unknown

Price per sq ft

$1,140

Year built

2014

Monthly HOA fee

$1,659.56

Price History

03/18/2025
CLAW

CLAW #25498081

Price change
$1,325,000
-4.12%
03/01/2025
CLAW

CLAW #25498081

Listed
$1,382,000
-13.63%
03/10/2015
CLAW

CLAW #15821009

Sold
$1,600,000

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Negotiation Insights

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

Seller could get up to

$303,619
Asking price
$1,325,000
Closing costs (~8% of asking)
-$106,000
Est. remaining loan balance
-$915,381
Cash to seller
$303,619

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$990,000

Est. remaining balance

$915,381

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Hilary Owen Decamp and Hilary Owen Decamp Revocable Trust

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?

Status: Active

Tomo last checked: 04/03/2025 at 1:20 AM

Listing updated: 04/02/2025 at 6:31 PM

Listed by: Nicole Contreras, Christie's International Real Estate SoCal Phone #: (424) 249-7162

MLS: CLAW #25498081

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