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$650,000

Beds
Unknown
Baths
1.0
sq ft
661

201 Ocean Ave Unit 304B, Santa Monica, CA 90402

201 Ocean Ave Unit 304B

Santa Monica, CA 90402

  • 4 days on market
Located at a corner end unit of the "B" building, this unit offers privacy, seclusion, and easy immediate access to the swimming pool and gym located on the same level. There are NO common walls in this unit! Ocean Towers is one of the few full-service buildings in Santa Monica. Amenities include: Spa, Fitness Center, Valet Parking, Heated Pool, Sun Deck, Banquet Room, 24 Hour Doorman, Controlled Access, Reception, and more, Ocean Towers is a Co-op with an underlying corporate loan. Total HOA is approximately $739.00 and loan service of $608.00 per month. Buyer to verify all information with Ocean Towers Housing Management and shall not rely upon any representation from agent or seller.

Details

Property type

Condominium

Est. home value

$652,674

Lot size

1.3258 acres

Price per sq ft

$984

Year built

1971

Monthly HOA fee

$869.16

Price History

12/18/2024
CLAW

CLAW #24472891

Listed
$650,000
+18.18%
04/28/2022
CLAW

CLAW #21109403

Sold
$550,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

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

April 2022

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

3.76%

Loan type

Commercial

Seller

George E Salem and Ges Living 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?

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Status: Active

Tomo last checked: 12/22/2024 at 8:00 AM

Listing updated: 12/18/2024 at 6:15 PM

Listed by: Marc Chorin, Rodeo Realty - Pacific Palisades Phone #: (310) 566-4400

MLS: CLAW #24472891

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