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$1,895,529Estimated home value

Beds
3
Baths
3.0
sq ft
1,562

201 Ocean Ave Unit 509B, Santa Monica, CA 90402

201 Ocean Ave Unit 509B

Santa Monica, CA 90402

  • Off market
    • Price drop $145,000↓
Experience elevated living in this breathtaking 17-story high-rise overlooking the stunning Santa Monica coastline. Enjoy unobstructed views of the picturesque Santa Monica Mountains and the sparkling downtown city lights from every room. Welcome to this 5th floor gem w/3 bedrooms and 3 baths.. you feel connected with the California Beach Lifestyle. Enjoy your palm tree, beach, and ocean views while relaxing on your private balcony. Bathrooms have been renovated. This is a great value for a 3 bedroom corner unit. Enjoy your Galley Kitchen as it opens into dining area with floor to ceiling windows. With updated wood flooring and beautiful finishes add to the overall charm.Located in the heart of Santa Monica, this full-service building offers 24-hour valet parking, round-the-clock security, a resort-style pool, spa, and a state-of-the-art gym. Convenience is truly at your fingertips.Don't miss out on the opportunity to make this exquisite residence your own and indulge in a lifestyle of unparalleled beauty and sophistication. Your dream home awaits! Unit is tenant occupied but will be delivered vacant.

Details

Property type

Stock Cooperative

Est. home value

$1,895,529

Lot size

1.3258 acres

Price per sq ft

$1,377

Year built

1971

Monthly HOA fee

$2,250.78

Price History

07/01/2024
CLAW

CLAW #23340175

Removed
$2,150,000
03/22/2024
CLAW

CLAW #23340175

Price change
$2,150,000
-6.32%
12/23/2023
CLAW

CLAW #23340175

Listed
$2,295,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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: Off Market

Tomo last checked: 07/01/2024 at 9:30 AM

Listing updated: 03/22/2024 at 11:23 AM

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

MLS: CLAW #23340175

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