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$1,599,999

Beds
2
Baths
2.0
sq ft
1,228

201 Ocean Ave Unit 1408B, Santa Monica, CA 90402

201 Ocean Ave Unit 1408B

Santa Monica, CA 90402

  • 221 days on market
    • Price drop $99,001↓
**Reduced to SELL!** Get excited about the best 2 bed/2 bath unit with unobstructed views of the Ocean on Ocean Ave. Both bedrooms, living area, and balcony have unobstructed views of the iconic Santa Monica Pier and Queens Necklace. Enjoy the prestigious lifestyle in one of the most favorable resort like living at Ocean Towers with breathtaking ocean, mountain, city views and mesmerizing sunsets to Point Dume and beyond. Full service building offering recreational amenities such as pool, spa, fitness room with sauna, meeting facilities, 24-hours concierge & security, valet parking, and maid service available upon request. Next to Santa Monica beach with activities all year around, parks, volleyball courts, walking and biking paths, grass areas for picnics and romantic strolls with breathtaking views and close proximity to high end shops and restaurants on Montana, Third Street Promenade and Ocean Ave. Spacious extensively remodeled with high end finishes with a great for entertaining floor plan, living and dining area with updated handsome wood flooring & a large balcony with incredible views of the ocean and Santa Monica mountains. State of the art high end electronics system & LED lighting. Modern kitchen with top of the line stainless steel appliances, custom made cabinetry with built-ins , upscale oven & microwave, and updated handsome wood flooring. Two master suites offering incredible views including a large master suite with luxurious bathroom with massaging jet tub and separate steam shower, dual sinks and large closets. Enjoy the Santa Monica Resort Lifestyle!!!

Details

Property type

Stock Cooperative

Est. home value

$1,884,171

Lot size

1.3258 acres

Price per sq ft

$1,303

Year built

1971

Monthly HOA fee

$1,773.5

Price History

08/25/2024
CLAW

CLAW #24392291

Price change
$1,599,999
-5.83%
08/17/2024
CLAW

CLAW #24392291

Removed
$1,699,000
07/14/2024
CLAW

CLAW #24392291

Price change
$1,699,000
-2.91%

Schools & Community

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

Ocean Towers Housing Corporation

Loan start date

October 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

5.89%

Loan type

Commercial

Seller

John Spahi and Ascar Family Trust

Lender

Ocean Towers Housing Corporation

Loan start date

January 2017

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

4.13%

Loan type

Not Provided

Seller

John Spahi and The Spahi Family 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: 12/22/2024 at 8:15 AM

Listing updated: 12/04/2024 at 7:55 PM

Listed by: Sebastian Wolski, Compass Phone #: (310) 230-5478

MLS: CLAW #24392291

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