tomo logo

$1,095,000

Beds
1
Baths
1.0
sq ft
906

201 Ocean Ave Unit 1903P, Santa Monica, CA 90402

201 Ocean Ave Unit 1903P

Santa Monica, CA 90402

  • 50 days on market
    • Price drop $55,000↓
Best Value Penthouse in Santa Monica! Experience the prestigious lifestyle of the 19th floor penthouse at Ocean Towers, one of the most sought-after resort-like living destinations. Enjoy panoramic views of the ocean, Santa Monica Pier, Catalina Island, city lights, and mesmerizing sunsets that will take your breath away.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 moments away.Step into this spacious remodeled penthouse with high-end finishes and a floor plan that's perfect for entertaining. The living and dining area features updated engineered flooring and opens up to a large balcony with stunning views of the ocean, pool, beachfront, city lights, Downtown LA, Santa Monica Pier, and Catalina Island.The modern kitchen is equipped with top-of-the-line stainless steel appliances, custom-made cabinetry with built-ins, an upscale oven and microwave, updated engineered wood flooring, and a breakfast bar with LED lights. The expanded master suite offers a luxurious bathroom with a large bathtub/shower and a spacious walk-in closet. Indulge in the Santa Monica resort-like lifestyle and make this exquisite penthouse your own. Easy to show.

Details

Property type

Condominium

Est. home value

$1,210,060

Property condition

Updated/Remodeled

Lot size

0.8863 acres

Price per sq ft

$1,209

Year built

1971

Monthly HOA fee

$1,261.4

Price History

06/27/2024
CLAW

CLAW #24391459

Listed
$1,095,000
06/12/2024
CLAW

CLAW #24391459

Pending
$1,095,000
05/22/2024
CLAW

CLAW #24391459

Price change
$1,095,000
-4.78%

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

R And C Newman Revocable Trust

Loan start date

August 2023

Original loan amount

$715,000

Est. remaining balance

Not provided

Interest rate

6.71%

Loan type

Commercial

Seller

Cavour Partners Limited Llc

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?

Similar Homes Nearby

CLAW
$1,150,000
1 bd
|
1 ba
|
906 sq ft
|
Condo

201 Ocean Ave Unit 1603P, Santa Monica, CA 90402

New
CLAW
$1,075,000
1 bd
|
1 ba
|
988 sq ft
|
Condo

125 Montana Ave Unit 403, Santa Monica, CA 90403

Price drop
CLAW
$1,255,500
1 bd
|
1 ba
|
868 sq ft
|

201 Ocean Ave Unit 1505B, Santa Monica, CA 90402

Status: Active

Tomo last checked: 07/03/2024 at 8:30 AM

Listing updated: 06/26/2024 at 6:03 PM

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

MLS: CLAW #24391459

CLAW logo

Recently listed in Santa Monica

$3,499,000|4 bd|3.0 ba|House
$2,499,000|4 bd|3.0 ba|Townhouse
$1,949,000|3 bd|2.0 ba|House
$5,995,000|4 bd|4.0 ba|House
$1,149,000|2 bd|2.5 ba|Townhouse
$2,595,000|2 bd|3.0 ba|Townhouse
$3,999,000|5 bd|8.0 ba|House