Landlord's Agent in 2024
Julie Lovett
Coldwell Banker Realty
(310) 339-7109
2 in this area
12 Total Sales
1007 Ocean Ave Unit PH2 Santa Monica, CA 90403
Wilshire Montana NeighborhoodEstimated Value: $3,188,000 - $4,535,000
3
Beds
2.5
Baths
1,996
Sq Ft
0.52
Acres
Highlights
- Ocean Front
- Fitness Center
- Gated Parking
- Roosevelt Elementary School Rated A+
- In Ground Pool
- 1-minute walk to Palisades Park
About This Home
As of August 2024Enjoy breathtaking ocean views from this spectacular front facing corner Penthouse in the Boca Monica on Ocean Avenue.This Penthouse condominium features 3 bedrooms and 2.5 bathrooms in 1,996 sq. ft of luxury living.The expansive open floor plan,perfect for entertaining consists of spacious dining & living areas w/beautiful hardwood floors leading to a large balcony w/stunning ocean views.The gourmet kitchen features top of the line appliances,custom cabinetry,stone counters & breakfast area.The elegant primary suite includes a luxurious bath w/dual sinks,large soaking tub & shower.Two additional spacious bedrooms,one of which is ideal as an ocean front office/den. Building amenities incl. a pool, spa, sauna, fitness room, & elegant lobby w/controlled access.Two SxS parking spaces w/additional guest parking.Prime location within minutes to the beach,upscale dining & shopping & the best Santa Monica has to offer.This is a unique opportunity to live in one of Ocean Avenue's finest buildings.
Last Agent to Rent the Property
Coldwell Banker Realty License #00803205 Listed on: 02/29/2024
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $52,434
Year Built
- Built in 1981
Lot Details
- Ocean Front
- Gated Home
Property Views
- White Water Ocean
- City Lights
- Mountain
Home Design
- Contemporary Architecture
Interior Spaces
- 1,996 Sq Ft Home
- Living Room with Fireplace
- Dining Area
- Home Office
Kitchen
- Breakfast Area or Nook
- Oven or Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Powder Room
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Subterranean Parking
- Side by Side Parking
- Gated Parking
Pool
- In Ground Pool
- Spa
Outdoor Features
- Covered Patio or Porch
Utilities
- Central Heating and Cooling System
- Sewer in Street
Listing and Financial Details
- Security Deposit $29,600
- Tenant pays for electricity, gas, move in fee, move out fee
- 12 Month Lease Term
- Assessor Parcel Number 4292-027-131
Community Details
Overview
- 18 Units
- 5-Story Property
Amenities
- Sauna
- Elevator
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
Security
- Security Service
- Controlled Access
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 10, 2017
Closed on
Aug 28, 2017
Sold by
Peters Patricia W
Bought by
Ocean1007 Llc
Seller's Agent
Anne Leeds
Compass
Buyer's Agent
Nader Glenn Afshar
Sotheby's International Realty
List Price
$3,895,000
Sold Price
$4,021,000
Premium/Discount to List
$126,000
3.23%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,746
Avg. Annual Appreciation
0.04%
Purchase Details
Closed on
Nov 17, 2014
Sold by
Peter Patricia W
Bought by
Peters Patricia W and Patricia W Peters Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$957,500
Interest Rate
3.89%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 25, 2013
Closed on
Aug 12, 2013
Sold by
Peters Patricia W
Bought by
Peters Patricia W and Patricia W Peters Living Trust
Seller's Agent
Peter Maurice
Rodeo Realty
Buyer's Agent
Anne Leeds
Compass
List Price
$2,150,000
Sold Price
$2,955,000
Premium/Discount to List
$805,000
37.44%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.63%
Original Mortgage
$1,000,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 19, 2011
Sold by
Levine Elinor N
Bought by
Levine Elinor N and Elinor N Levine Revocable Living Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ocean1007 Llc | $4,021,000 | Lawyers Title | |
| Peters Patricia W | -- | Progressive Title | |
| Peters Patricia W | -- | None Available | |
| Peters Patricia W | $2,955,000 | Equity Title Company | |
| Levine Elinor N | -- | None Available | |
| Zimmer Deborah L | -- | None Available | |
| Zimmer Deborah L | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Peters Patricia W | $957,500 | |
| Previous Owner | Peters Patricia W | $1,000,000 | |
| Previous Owner | Levine Jack | $160,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/01/2024 08/01/24 | Rented | $14,800 | 0.0% | -- |
| 06/17/2024 06/17/24 | Price Changed | $14,800 | -6.3% | $7 / Sq Ft |
| 05/29/2024 05/29/24 | Price Changed | $15,800 | -1.3% | $8 / Sq Ft |
| 02/29/2024 02/29/24 | For Rent | $16,000 | +25.0% | -- |
| 09/14/2021 09/14/21 | Rented | $12,800 | -5.2% | -- |
| 07/09/2021 07/09/21 | For Rent | $13,500 | +8.0% | -- |
| 06/30/2020 06/30/20 | Rented | $12,500 | 0.0% | -- |
| 06/12/2020 06/12/20 | For Rent | $12,500 | +4.2% | -- |
| 12/08/2017 12/08/17 | Rented | $12,000 | -6.3% | -- |
| 11/15/2017 11/15/17 | Under Contract | -- | -- | -- |
| 10/02/2017 10/02/17 | For Rent | $12,800 | 0.0% | -- |
| 09/12/2017 09/12/17 | Sold | $4,021,000 | +3.2% | $2,015 / Sq Ft |
| 08/23/2017 08/23/17 | Pending | -- | -- | -- |
| 08/10/2017 08/10/17 | For Sale | $3,895,000 | +31.8% | $1,951 / Sq Ft |
| 08/26/2013 08/26/13 | Sold | $2,955,000 | +37.4% | $1,480 / Sq Ft |
| 08/11/2013 08/11/13 | For Sale | $2,150,000 | -27.2% | $1,077 / Sq Ft |
| 08/10/2013 08/10/13 | Pending | -- | -- | -- |
| 08/01/2013 08/01/13 | Off Market | $2,955,000 | -- | -- |
| 07/25/2013 07/25/13 | For Sale | $2,150,000 | -- | $1,077 / Sq Ft |
Source: The MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $52,434 | $4,575,207 | $3,413,486 | $1,161,721 |
| 2024 | $52,434 | $4,485,498 | $3,346,555 | $1,138,943 |
| 2023 | $51,598 | $4,397,548 | $3,280,937 | $1,116,611 |
| 2022 | $50,986 | $4,311,322 | $3,216,605 | $1,094,717 |
| 2021 | $49,784 | $4,226,787 | $3,153,535 | $1,073,252 |
| 2019 | $48,969 | $4,101,420 | $3,060,000 | $1,041,420 |
| 2018 | $46,087 | $4,021,000 | $3,000,000 | $1,021,000 |
| 2016 | $35,319 | $3,060,003 | $2,071,069 | $988,934 |
| 2015 | $34,866 | $3,014,040 | $2,039,960 | $974,080 |
| 2014 | $34,339 | $2,955,000 | $2,000,000 | $955,000 |
Source: Public Records
Agents Affiliated with this Home
-
-
Tenant's Agent in 2024
Mark Handler
Coldwell Banker Realty
(310) 922-0817
19 Total Sales
-
Buyer's Agent in 2021
Amir Mostame
Carolwood Estates
(424) 527-8889
31 Total Sales
-
N
Buyer's Agent in 2020
Non Subscriber
-
N
Seller's Agent in 2017
Nader Glenn Afshar
Sotheby's International Realty
-
Seller's Agent in 2017
Anne Leeds
Compass
(310) 487-0733
36 Total Sales
Map
Source: The MLS
MLS Number: 24-363617
APN: 4292-027-131
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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