tomo logo

$1,850,000

Beds
3
Baths
2.25
sq ft
1,562

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

201 Ocean Ave Unit 509B

Santa Monica, CA 90402

  • 76 days on market
    • Price drop $270,000↓
Welcome to luxury coastal living in this exquisite 3-bedroom, 3-bathroom condominium located at 201 Ocean Avenue, Unit 509B, Santa Monica, CA. This elegant residence offers an open floor plan that seamlessly integrates the living, dining, and kitchen areas, perfect for entertaining or quiet evenings at home. Step onto the expansive patio and be captivated by spectacular whitewater views and panoramic vistas of the city, mountains, and the iconic coral trees on San Vicente Blvd. The primary suite features a private bath and ample closet space, creating a serene retreat. Third bedroom can be easily used as an office with breathtaking view of the ocean. Large window to showcase the natural light that flows through the unit. Hardwood floors throughout. This prestigious building offers an array of amenities, including a gym, pool, sauna, and picnic area. Enjoy the convenience of valet parking, assigned parking, and storage. The property is pet-friendly with conditional terms, ensuring your furry companions are welcome.Indulge in the epitome of refined coastal living with unparalleled views and sophisticated amenities. Welcome to your new sanctuary.

Details

Property type

Condominium

Est. home value

$1,895,529

Lot size

1.3258 acres

Price per sq ft

$1,185

Year built

1971

Monthly HOA fee

$2,250

Price History

11/09/2024
CLAW

CLAW #24436519

Price change
$1,850,000
-12.74%
09/05/2024
CLAW

CLAW #24436519

Listed
$2,120,000
-1.4%
07/01/2024
CLAW

CLAW #23340175

Removed
$2,150,000

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

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: Active

Tomo last checked: 11/21/2024 at 11:30 PM

Listing updated: 11/08/2024 at 6:45 PM

Listed by: Clifford Rowe, Compass Phone #: (310) 820-0195

MLS: CLAW #24436519

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