NOT LISTED FOR SALE

Ocean Towers 101 Ocean Ave Unit E301 Santa Monica, CA 90402

Estimated Value: $1,830,000 - $3,063,000

2 Beds
2 Baths
1,396 Sq Ft
85,209 Sq Ft Lot

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • White Water Ocean Views
  • 24-Hour Security
  • Gated Parking

About This Home

As of February 2020

Contemporary single level two bedroom ocean view condo located in the highly sought after 101 Ocean Ave Building. As you enter you are greeted by floor to ceiling glass doors that open to a spacious patio that is perfect for taking in the sunsets. A generously sized open concept living room and dining area is ideal for entertaining. The updated kitchen features granite counters and stainless steel appliances. Tile and hardwood floors extend throughout the whole unit. Master bedroom with large walk-in closet and ensuite bathroom with soaking tub and dual vanities. Additional oversized walk-in closets in the second bedroom and hallway and side by side in unit laundry round out this superb space. Ultra-private and highly exclusive building on the best part of Ocean Avenue. 24-hour doorman, pool, spa, and gym all overlooking the Pacific Ocean.

Last Agent to Rent the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 01/15/2020

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Renter's Agent

Sasha Kaplan

Coldwell Banker Realty License #02078773

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 1.96

Property Views

  • White Water Ocean
  • Trees

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,396 Sq Ft Home
  • Living Room
  • Dining Area

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • 1 Parking Space
  • Gated Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $12,600
  • Tenant pays for cable TV, electricity, gas, move in fee, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4410-004-048

Community Details

Amenities

  • Concierge
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Condo Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

1.96 Acres

Rental Info

  • Security Deposit: 12600
  • Tenant Pays: Cable TV, Electricity, Gas, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 1396
  • Probate: No
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Tile, Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 4.51

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated, In Ground
  • Pool: Yes
  • View: Ocean, Tree Top, White Water
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Gated
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Heating: Central

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Fitness Center, Pool, Security, Spa
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4410-004-048
  • Geocode Override: No
  • Lot Size Area: 85209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 11, 2022
Sold by
Oberai Archana and Oberai Akshay
Bought by
Immortale Llc
Current Estimated Value
$2,442,315

Purchase Details

Closed on
Oct 22, 2020
Sold by
Plutus Sm Llc
Bought by
Athena Trust and Askhay Oberai 2018 Trust

Purchase Details

Closed on
Oct 26, 2018
Sold by
Oberai Ankush Bharati and Oberai Archana
Bought by
Plutus Sm Llc

Purchase Details

Listed on
Dec 21, 2015
Closed on
Mar 9, 2016
Sold by
Oberai Ankush and Oberai Archana
Bought by
Oberai Family Trust and Oberai
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Laurent Bijaoui
Compass
Sold Price
$5,650

Purchase Details

Closed on
Jul 9, 2009
Sold by
Spencer Christopher
Bought by
Oberai Askush and Oberai Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 2008
Sold by
Nassberg Susan E
Bought by
Spencer Christopher

Purchase Details

Closed on
Apr 19, 1995
Sold by
Haseko Townhomes Inc
Bought by
Nassberg Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Immortale Llc -- None Listed On Document
Fossetta Property Trust -- None Listed On Document
Athena Trust -- None Listed On Document
Plutus Sm Llc -- None Available
Oberai Family Trust -- None Listed On Document
Oberai Askush $1,014,000 Fidelity Van Nuys
Spencer Christopher $1,150,000 Fidelity Van Nuys
Nassberg Susan E $324,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oberai Askush $400,000
Previous Owner Nassberg Susan E $243,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2020 02/27/20 Rented $6,300 0.0% --
01/15/2020 01/15/20 For Rent $6,300 +2.4% --
06/11/2018 06/11/18 Rented $6,150 -2.4% --
05/16/2018 05/16/18 For Rent $6,300 -3.1% --
06/15/2017 06/15/17 Rented $6,500 0.0% --
06/01/2017 06/01/17 For Rent $6,500 +15.0% --
03/08/2016 03/08/16 Rented $5,650 -9.6% --
03/07/2016 03/07/16 Under Contract -- -- --
03/07/2016 03/07/16 Price Changed $6,250 -10.1% $4 / Sq Ft
12/21/2015 12/21/15 For Rent $6,950 +15.9% --
10/07/2013 10/07/13 Rented $5,999 0.0% --
10/07/2013 10/07/13 Under Contract -- -- --
08/26/2013 08/26/13 For Rent $5,999 -- --
Source: The MLS

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 $15,249 $1,283,220 $1,138,958 $144,262
2024 $15,249 $1,258,060 $1,116,626 $141,434
2023 $15,249 $1,258,060 $1,116,626 $141,434
2022 $14,535 $1,233,393 $1,094,732 $138,661
2021 $14,356 $1,209,210 $1,073,267 $135,943
2020 $14,507 $1,196,812 $1,062,262 $134,550
2019 $13,922 $1,173,346 $1,041,434 $131,912
2018 $13,892 $1,150,340 $1,021,014 $129,326
2016 $13,291 $1,105,673 $981,368 $124,305
2015 $13,094 $1,089,065 $966,627 $122,438
2014 $13,136 $1,067,733 $947,693 $120,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 20-544670

The MLS

APN: 4410-004-048

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