tomo logo

$1,102,950

Beds
1
Baths
1.0
sq ft
906

201 Ocean Ave Unit 903P, Santa Monica, CA 90402

201 Ocean Ave Unit 903P

Santa Monica, CA 90402

  • 97 days on market
    • Price drop $152,550↓
Amazing ocean view from all windows. Overlooking Palos Verdes and Catalina and Santa Monica Pier. The unit is completely remodeled and ready to move in. 24-hour security, valet, concierge, spa, heated pool, rec-room and top of the line exercise room. Please call listing agent regarding financing and co-op situation.

Details

Property type

Condominium

Est. home value

$1,019,364

Lot size

0.8866 acres

Price per sq ft

$1,218

Year built

1971

Monthly HOA fee

$1,261

Price History

10/07/2024
CLAW

CLAW #24414531

Price change
$1,102,950
-12.15%
09/03/2024
CLAW

CLAW #24414531

Price change
$1,255,500
-10%
08/05/2024
CLAW

CLAW #24414531

Price change
$1,395,000
-12.54%

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

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

Lender

A Lawrence Crowe Trust

Loan start date

December 2019

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Commercial, 2 year

Seller

John Spahi and The Horizon Trust

Lender

A Lawrence Crowe Trust

Loan start date

December 2019

Original loan amount

$900,000

Est. remaining balance

Not provided

Interest rate

3.78%

Loan type

Commercial, 2 year

Seller

John Spahi and The Spahi Family Trust

Lender

Ocen Towers Housing Corporation

Loan start date

January 2016

Original loan amount

$0

Est. remaining balance

Not provided

Interest rate

3.95%

Loan type

Not Provided

Seller

Omar Spahi and Spahi 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: 10/18/2024 at 3:15 AM

Listing updated: 10/07/2024 at 11:09 AM

Listed by: Nicole Wagner, Nelson Shelton & Associates Phone #: (310) 271-2229

MLS: CLAW #24414531

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