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$2,399,000

Beds
3
Baths
2.5
sq ft
1,562

201 Ocean Ave Unit 1709B, Santa Monica, CA 90402

201 Ocean Ave Unit 1709B

Santa Monica, CA 90402

  • 189 days on market
    • Price drop $196,000↓
Incredible Unit at an Unbeatable Price! Don't miss out on Explosive unobstructed 180* Ocean, Whitewater, Coastline, Mountain & City Lights Views from one of the best locations at Ocean Towers, the South/West/East corner with 3 Bedrooms and 2.5 luxe Bathrooms. A gorgeous, impeccably remodeled home with wood floors throughout and sensational kitchen and bathrooms. Move right in! This is a very special and rarely available corner unit that wraps around and has the most amazing unsurpassed views from every room, including the Bedrooms, two of which are en-suite and all of which have floor to ceiling windows. This lovely unit's exceptional floorplan includes a formal entry, large gourmet kitchen with top of the line stainless steel appliances, including a built in Espresso maker and tremendous storage. The living room opens to a large Balcony which expands on the breadth and beauty of the astounding views, sunshine, ocean breezes and glorious twinkling city lights all the way downtown. When you arrive at Ocean Towers, a lovely porte cochre welcomes you & you're transported to a world of sumptuous amenities and anticipatory service with a Valet, Doormen and 24 hour Concierge. Work out in the state-of-the-art fitness center that overlooks the Pool and Spa, entertain in the Community Center or relax in your own private residence and watch the Sunset on the lovely oversized Terrace. Whatever your lifestyle, it's welcome here. Moments to Montana's fine dining and boutiques and just across from the crystal blue ocean and white sandy beaches. This is Santa Monica at its finest.

Details

Property type

Stock Cooperative

Est. home value

$2,725,979

Property condition

Updated/Remodeled

Lot size

1.3258 acres

Price per sq ft

$1,536

Year built

1971

Monthly HOA fee

$1,653.17

Price History

08/01/2024
CLAW

CLAW #24384369

Price change
$2,399,000
-7.55%
05/21/2024
CLAW

CLAW #24384369

Price change
$2,595,000
-7.16%
04/29/2024
CLAW

CLAW #24384369

Listed
$2,795,000
-1.93%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Santa Monica-Malibu Unified

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 Avenue Investments Inc

Loan start date

January 2011

Original loan amount

$100,000

Est. remaining balance

$0

Interest rate

4.4%

Loan type

Not Provided, 5 year

Seller

Omar Spahi

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: 11/05/2024 at 3:40 AM

Listing updated: 10/14/2024 at 1:50 PM

Listed by: Nili Hudson, Compass Phone #: (310) 820-0195

MLS: CLAW #24384369

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