NOT LISTED FOR SALE

Ocean Towers 101 Ocean Ave Unit E302 Santa Monica, CA 90402

Estimated Value: $2,706,000 - $3,128,141

2 Beds
2 Baths
1,388 Sq Ft
$2,344/mo HOA Fee

Last Sold October 30, 2024

Last sale price $2,860,000 $2,061 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $19,084/month

153 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • 24-Hour Security
  • Ocean View
  • Yoga or Pilates Studio
  • In Ground Pool

About This Home

As of October 2024

Immerse yourself in coastal living in this stunning 2 bedroom, 2 bathroom condo located in arguably one of the very best buildings on the Westside. This contemporary-style unit boasts 1,388 square feet of open living space, perfect for entertaining and unwinding. Offering a seamless flow for entertaining, the condo features a modern kitchen and an open living area. The primary suite is your own private oasis, featuring a spa-like bathroom and a spacious walk-in closet. Step out onto your private balcony and take in the breathtaking views of Santa Monica Bay and beyond. Unwind by the large pool, heated spa, or enjoy company at the community BBQ area all conveniently located on-site. This Santa Monica condo offers the best of both worlds: tranquility and proximity. Explore nearby beaches, Santa Monica Canyon, or hit the shops on trendy Montana Avenue. Palisades Park, with its walking trails and scenic overlooks, is just a stone's throw away.24-hour security ensures peace of mind, allowing you to focus on living your California dream. Don't miss this opportunity to live in paradise!

Last Agent to Sell the Property

David Solomon

Douglas Elliman of California, Inc. License #01386406 Listed on: 05/02/2024

Douglas Elliman of California, Inc.

Co-Listed By

Anna Solomon

Douglas Elliman of California, Inc. License #00850601

Last Buyer's Agent

Steve Frankel

Coldwell Banker Realty License #01195571

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1963

Lot Details

  • 1.96

HOA Fees

  • $2,344 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • Skyline

Home Design

  • Modern Architecture
  • Entry on the 3rd floor

Interior Spaces

  • 1,388 Sq Ft Home
  • Built-In Features
  • Dining Area
  • Wood Flooring
  • Laundry in unit

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Home Security

Parking

  • 1 Covered Space
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Dog Run
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4410-004-051

Community Details

Overview

  • Association fees include concierge, building and grounds, trash
  • 59 Units
  • High-Rise Condominium
  • 10-Story Property

Amenities

  • Concierge
  • Rooftop Deck
  • Sundeck
  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Yoga or Pilates Studio
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1963

Lot Details

0

HOA Fees

$2,344 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Modern
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: 101 Ocean Condominium
  • Entry Floor: 3
  • Living Area: 1388
  • Lot Acreage: 1.9570
  • Planned Urban Dev: 0
  • Stories: 10
  • Year Built: 1963
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 2160.66

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Coastline, Ocean, Panoramic, Skyline
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, Smoke Detector, Card/Code Access, Community

Association/Amenities

  • Amenities: Concierge, Exercise Room, Elevator, Controlled Access, Assoc Barbecue, Guest Parking, Spa, Pool, Picnic Area, Fitness Center, Sun Deck, Security
  • Pet Rules: Assoc Pet Rules, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Concierge, Building and Grounds, Trash
  • High Rise: Dog Run, Rooftop Sky Deck, Yoga and Pilates Studio, Sun Deck
  • HOA Fees: 2344.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4410-004-051
  • Lot Size Area: 85245

Multi Family

  • Number Of Units: 59

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2024
Closed on
Oct 25, 2024
Sold by
Kounalakis Diamanta
Bought by
Baxter Jeffrey G
Seller's Agent
David Solomon
Douglas Elliman of California, Inc.
Buyer's Agent
Steve Frankel
Coldwell Banker Realty
List Price
$3,295,000
Sold Price
$2,860,000
Premium/Discount to List
-$435,000
-13.2%
Views
74
Current Estimated Value
$2,949,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,285
Avg. Annual Appreciation
2.69%

Purchase Details

Closed on
Mar 31, 2011
Sold by
Wilder Gene and The Emile Buyse Marital Trust
Bought by
Mostashari Reza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2001
Sold by
Buyse Evelyn and 1982 Buyse Revocable Trust
Bought by
Wilder Gene and Emile Buyse Marital Trust

Purchase Details

Closed on
Jan 15, 1997
Sold by
Miller Ronald David and Miller Lee
Bought by
Buyse Emile and Buyse Evelyn

Purchase Details

Closed on
Jan 2, 1996
Sold by
Miller Ronald D and Miller Lee
Bought by
Miller Ronald David and Miller Lee

Purchase Details

Closed on
Jan 1, 1996
Sold by
Miller Ronald D and Miller Lee
Bought by
Miller Ronald D and Miller Lee

Purchase Details

Closed on
Jun 1, 1995
Sold by
Haseko Townhomes Inc
Bought by
Miller Ronald D and Miller Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6.75%

Purchase Details

Closed on
Dec 16, 1993
Sold by
Haseko Townhomes Inc
Bought by
Weil Suzanne S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
7.09%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baxter Jeffrey G -- Fidelity National Title
Mostashari Reza $1,015,000 California Title Company
Wilder Gene -- --
Buyse Emile $495,000 Provident Title
Miller Ronald David -- --
Miller Ronald D -- --
Miller Ronald D $437,000 First American Title Co
Weil Suzanne S $1,460,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mostashari Reza $609,000
Previous Owner Miller Ronald D $344,000
Previous Owner Weil Suzanne S $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $2,860,000 -4.6% $2,061 / Sq Ft
10/02/2024 10/02/24 Pending -- -- --
07/10/2024 07/10/24 Price Changed $2,999,000 -9.0% $2,161 / Sq Ft
05/02/2024 05/02/24 For Sale $3,295,000 -- $2,374 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $15,450 $2,860,000 $1,000,000 $1,860,000
2024 $15,450 $1,274,887 $1,130,446 $144,441
2023 $15,151 $1,249,890 $1,108,281 $141,609
2022 $14,441 $1,225,383 $1,086,550 $138,833
2021 $14,264 $1,201,357 $1,065,246 $136,111
2019 $13,832 $1,165,726 $1,033,651 $132,075
2018 $13,802 $1,142,870 $1,013,384 $129,486
2016 $13,205 $1,098,493 $974,034 $124,459
2015 $13,010 $1,081,994 $959,404 $122,590
2014 $13,101 $1,060,800 $940,611 $120,189
Source: Public Records

Agents Affiliated with this Home

  • David Solomon

    Seller's Agent in 2024

    David Solomon

    Douglas Elliman of California, Inc.

    (310) 633-4922

    163 Total Sales

    David Solomon
    Section Image
  • Anna Solomon

    Seller Co-Listing Agent in 2024

    Anna Solomon

    Douglas Elliman of California, Inc.

    (310) 866-9306

    164 Total Sales

    Anna Solomon
    Section Image
  • Steve Frankel

    Buyer's Agent in 2024

    Steve Frankel

    Coldwell Banker Realty

    (310) 508-5008

    100 Total Sales

    Steve Frankel
    Section Image
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About Ocean Towers

Map

Source: The MLS

MLS Number: 24-386771

The MLS

APN: 4410-004-051

California Los Angeles County Santa Monica 90402

101 Ocean Ave Unit E302, Santa Monica, CA

Not Listed for Sale

Condos

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