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$1,990,000

Beds
2
Baths
2.0
sq ft
1,324

1705 Ocean Ave Unit 509, Santa Monica, CA 90401

1705 Ocean Ave Unit 509

Santa Monica, CA 90401

  • 49 days on market
Welcome to Santa Monica's finest coastal living in this meticulously designed luxury condo at the renowned Waverly building, a full-service building with a 24-hour concierge, where NYC lifestyle meets the beach. Situated on a higher floor, this unit with floor-to-ceiling window walls is saturated in natural light and opens up to stunning ocean views and the dramatic Santa Monica Mountains that serve as a backdrop to the city. The open-concept layout of the kitchen, dining, and living room leads to an expansive balcony that invites you to unwind and watch the sunset. Wake up in your primary suite and enjoy the serenity of your quiet retreat, which is completed with a generous walk-in closet and a spa-like bath. The second bedroom features built-ins, including a Murphy bed, offering diverse functionality as an office and a guest bedroom. Other features include hardwood floors throughout, sleek lighting, and electronic blinds. Two side-by-side gated parking spots and an additional storage unit are designated for this unit. The Waverly, designed by world-renowned architect Marmol Radziner, is a wonderful option for a pied-a-terre, with extra layers of security services, a cutting-edge fitness facility, and a Sky Bridge lounge available to residents for entertaining guests. Just a few blocks from the Santa Monica beach and pier, as well as downtown, the location offers a variety of leisure and recreation activities, as well as dining and shopping experiences.

Details

Property type

Condominium

Lot size

0.9382 acres

Price per sq ft

$1,504

Year built

2014

Monthly HOA fee

$1,731.51

Price History

05/17/2024
CLAW

CLAW #24393847

Listed
$1,990,000
-9.5%
05/08/2024
CLAW

CLAW #24349405

Removed
$2,199,000
01/25/2024
CLAW

CLAW #24349405

Listed
$2,199,000
-1.17%

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

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

Wells Fargo Bank Na

Loan start date

March 2022

Original loan amount

$1,295,000

Est. remaining balance

Not provided

Interest rate

2%

Loan type

New Conventional, 30 year

Seller

Viney Soni and Vandana Soni

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: 07/05/2024 at 10:00 PM

Listing updated: 06/25/2024 at 3:03 PM

Listed by: Melanie Tielmann, Compass Phone #: (310) 437-7500

MLS: CLAW #24393847

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