tomo logo

$1,895,000

Beds
3
Baths
3.0
sq ft
1,554

201 Ocean Ave Unit 1604P, Santa Monica, CA 90402

201 Ocean Ave Unit 1604P

Santa Monica, CA 90402

  • 93 days on market
    • Price drop $155,000↓
Reduced to SELL!! Experience the prestigious lifestyle and breathtaking views at Ocean Towers, one of the most desirable resort-like living destinations. Enjoy unobstructed ocean, mountain, and city views, as well as mesmerizing sunsets that stretch all the way to Point Dume and beyond.This full-service building offers an array of recreational amenities, including a pool, spa, fitness room with sauna, meeting facilities, and 24-hour concierge and security. Valet parking and maid service are available upon request, ensuring convenience and peace of mind.Located next to Santa Monica beach, you'll have access to year-round activities, parks, volleyball courts, walking and biking paths, and grass areas for picnics and romantic strolls with breathtaking views. The high-end shops and restaurants on Montana, Third Street Promenade, and Ocean Ave are just a stone's throw away.Step into this spacious and extensively remodeled unit with high-end finishes and a floor plan that's perfect for entertaining. The living and dining area features updated wood flooring and opens up to a large balcony with incredible ocean and Santa Monica mountain views. State-of-the-art high-end electronics and LED lighting add a modern touch.The kitchen is equipped with top-of-the-line stainless steel appliances, custom-made cabinetry with built-ins, an upscale oven and microwave, and updated wood flooring. There are two master suites, both offering incredible views. The large master suite features a luxurious bathroom with a massaging jet tub, a separate steam shower, dual sinks, and ample closet space.Indulge in the Santa Monica resort-like lifestyle and make this exquisite residence your own.

Details

Property type

Condominium

Est. home value

$2,421,951

Property condition

Updated/Remodeled

Lot size

0.8863 acres

Price per sq ft

$1,220

Year built

1971

Monthly HOA fee

$2,250.78

Price History

10/06/2024
CLAW

CLAW #24442543

Price change
$1,895,000
-7.56%
09/20/2024
CLAW

CLAW #24442543

Listed
$2,050,000
-6.82%
08/18/2024
CLAW

CLAW #24393311

Removed
$2,200,000

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

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 8:30 AM

Listing updated: 12/04/2024 at 9:15 PM

Listed by: Vangelis Korasidis, Coldwell Banker Realty Phone #: (310) 777-6200

MLS: CLAW #24442543

CLAW logo

Recently listed in Santa Monica