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$4,995,000

Beds
2
Baths
3.0
sq ft
3,239

951 Ocean Ave Unit 102, Santa Monica, CA 90403

951 Ocean Ave Unit 102

Santa Monica, CA 90403

  • 35 days on market
    • Price drop $255,000↓
Ideally located on Santa Monica Bluffs, this full-service luxury building, located on the upper central end of Ocean Avenue, is one of the most commanding addresses in the city. This stunning 2 bedroom 3 bathroom unit features over 3200 square feet all on one single level. Enjoy the front balcony featuring front row seats to the ocean view, gorgeous sunsets and mature palm trees that line the beach. Inside, the striking living room catches the ocean breeze, elegant formal dining room is perfect for hosting guests, and the well- appointed kitchen with top of the line appliances and convertible den complete the classic California indoor/outdoor living. The large primary bedroom with fireplace, dual master bath and closets provides the upscale lifestyle one might expect, but the sweeping grassy private yard is what truly sets this luxury unit apart from any other property. Concierge, 24 hour security, gym, recreation room, and rooftop pool and spa make this a truly exceptional experience.

Details

Property type

Condominium

Est. home value

$6,864,383

Lot size

0.8608 acres

Price per sq ft

$1,543

Year built

1997

Monthly HOA fee

$3,800

Price History

07/02/2024
CLAW

CLAW #24398133

Price change
$4,995,000
-4.86%
05/31/2024
CLAW

CLAW #24398133

Listed
$5,250,000
-6.25%
05/29/2024
CLAW

CLAW #24373940

Removed
$5,600,000

Schools & Community

Neighborhood: 

Santa Monica Pier Area/Ocean Avenue

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

Bank Of America Na

Loan start date

August 2007

Original loan amount

$1,323,000

Est. remaining balance

Not provided

Interest rate

5.62%

Loan type

Not Provided, 30 year

Seller

Stephen Deeds

Lender

Bank Of America Na

Loan start date

November 2005

Original loan amount

$500,000

Est. remaining balance

Not provided

Interest rate

5.57%

Loan type

Credit Line (Revolving)

Seller

Stephen Deeds and Helena Deeds

Lender

Abn Amro Mtg Group Inc

Loan start date

October 2001

Original loan amount

$1,000,000

Est. remaining balance

$452,601

Interest rate

6.86%

Loan type

Not Provided, 30 year

Seller

Stephen Deeds and Helena Deeds

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: 07/05/2024 at 9:25 PM

Listing updated: 07/02/2024 at 9:33 AM

Listed by: Simon Beardmore, Sotheby's International Realty Phone #: (310) 481-6262

MLS: CLAW #24398133

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