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$835,000

Beds
Unknown
Baths
1.0
sq ft
515

201 Ocean Ave Unit 507P, Santa Monica, CA 90402

201 Ocean Ave Unit 507P

Santa Monica, CA 90402

  • 33 days on market
Experience resort-style luxury living at Ocean Towers in Santa Monica, where breathtaking Pacific Ocean views define every moment. Perched just north of the PCH, this DESIGNER DONE AND VERY RARE elevated studio showcases some of the most coveted views of the Malibu coastline. From the expansive balcony, you'll be enveloped by stunning sunset vistas. Imagine starting your day with a stroll on the beach, or exercising on the famed Santa Monica Stairs just around the corner! Inside, is where the unit shines! The sophisticated upgrades elevate the space with close to $100,000 invested. Revel in the beauty of 7.5" Belgian oak floors, a sleek Fisher & Paykel induction range and refrigerator, and custom California Closets that maximize storage. The kitchen and bathroom feature elegant white quartz counters, while the luxurious bathroom is adorned with a limestone shower, Waterjet marble bath flooring, and a Waterworks plumbing shower system. Custom Apparatus light fixtures provide a modern finishing touch to this meticulously designed home your new residence will feel like living in a five-star luxury hotel! At 201 Ocean Ave, coastal living is effortlessly refined. Ocean Towers offers full-service amenities, including 24/7 valet, dedicated front desk staff, a pool, steam room, and well-appointed meeting facility. Just moments from world-class dining, high-end shopping, and the iconic Santa Monica Pier, this residence seamlessly blends convenience with the Southern California lifestyle. Ocean Towers redefines coastal living with a perfect mix of luxury, comfort, and location, making it the ultimate place to call home. Enjoy your evening unwinding as the ocean breeze drifts through your home.

Details

Property type

Condominium

Est. home value

$642,623

Lot size

0.8866 acres

Price per sq ft

$1,622

Year built

1971

Monthly HOA fee

$869

Price History

10/03/2024
CLAW

CLAW #24448345

Listed
$835,000
+33.6%
09/19/2023
CLAW

CLAW #23297486

Sold
$625,000

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

September 2023

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

6.81%

Loan type

Commercial

Seller

Leonard Parrella and Steven Strickland

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: 10/11/2024 at 6:06 AM

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

MLS: CLAW #24448345

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