$1,100,000
SOLD OCT 29, 2024

Ocean Towers 201 Ocean Ave Unit 1803B Santa Monica, CA 90402

North of Montana Neighborhood
1 Bed
1 Bath
906 Sq Ft
$2,389/mo HOA Fee

Recently Sold

$1,214 Per Sq Ft

19% Below List Price

114 Days on Market

Highlights

  • Valet Parking
  • Ocean View
  • 24-Hour Security
  • Roosevelt Elementary School Rated A+
  • Fitness Center
  • In Ground Pool

About This Home

As of October 2024

Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with high-end urban living. Enjoy sunets over the Malibu Coastline views in this 18th level 1 bed | 1 bath unit. You won't want to leave this cozy unit. With exclusive features like a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service, convenience and luxury are at your fingertips. Situated steps away from Santa Monica's finest dining on Montana Avenue, Third Street Promenade, and Ocean Avenue, culinary adventures await you. The unit itself boasts a spacious open-concept floor plan perfect for entertaining, wood flooring, and a generously-sized balcony offering incredible views of the ocean and Catalina Island. Your kitchen comes fitted with stainless steel appliances, custom cabinetry. While the primary suite features a lavish bathroom with a spacious shower and dual closets. Seize this opportunity to live your dream Santa Monica lifestyle at Ocean Towers, a statement of who you are, awaiting your arrival. Unit is available unfurnished only.

Last Agent to Sell the Property

Sebastian Wolski

Compass License #01947480 Listed on: 05/14/2024

Compass

Co-Listed By

Ray Lyon

Compass License #01875162

Last Buyer's Agent

Anton Smirnov

Sotheby's International Realty License #02017875

Sotheby's International Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1971

HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 906 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room
  • Dining Area
  • Ocean Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Engineered Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Phone System
  • Cable TV Available

Additional Features

  • In Ground Pool
  • 1.33 Acre Lot

Listing and Financial Details

  • Assessor Parcel Number 4293-020-143

Community Details

Overview

  • 317 Units

Amenities

  • Valet Parking
  • Sundeck
  • Meeting Room
  • Laundry Facilities
  • Elevator

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Card or Code Access

Property Details

Home Type

Co-Op

Year Built

Built in 1971

Lot Details

0

HOA Fees

$2,389 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Ocean Towers Housing Corp
  • Entry Floor: 18
  • Living Area: 906
  • Lot Acreage: 1.3258
  • Planned Urban Dev: 0
  • Probate: No
  • Unit Floor In Building: 18
  • Year Built: 1971
  • Number Of Photos: 30
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Engineered Hardwood, Tile, Vinyl Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Dishwasher, Garbage Disposal, Phone System, Refrigerator, Range/Oven
  • Price Per S Q F T: 1341.06

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Card/Code Access

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Conference, Elevator, Exercise Room, Fitness Center, Security, Sun Deck, Valet Parking, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 1261.04
  • HOA Fees: 1127.70
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Rent Control
  • Assessor Parcel Number: 4293-020-143
  • Lot Size Area: 57750

Multi Family

  • Number Of Units: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2016
Sold by
Spahi Omar
Bought by
Spahi John and Spahi Family Trust
Total Days on Market
114
Current Estimated Value
$1,267,818

Purchase Details

Closed on
Apr 13, 2014
Sold by
Spahi Omar and The Occidental Trust
Bought by
Spahi Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
4.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 1, 2012
Sold by
Spahi Omar
Bought by
Spahi John and Spahi Family Trust

Purchase Details

Closed on
Nov 18, 2009
Sold by
Spahi Omar and Occidental Trust
Bought by
Spahi Omar
Source: Public Records

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $0 New Conventional
Closed $0 New Conventional
Closed $400,000 Commercial
Closed $350,000 Unknown
Closed $476,000 Purchase Money Mortgage
Closed $476,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2024 10/29/24 Sold $1,100,000 -9.5% $1,214 / Sq Ft
08/13/2024 08/13/24 Pending -- -- --
05/30/2024 05/30/24 Price Changed $1,215,000 -10.0% $1,341 / Sq Ft
05/14/2024 05/14/24 For Sale $1,350,000 0.0% $1,490 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/21/2024 04/21/24 For Sale $1,350,000 0.0% $1,490 / Sq Ft
02/28/2022 02/28/22 Rented $6,500 0.0% --
10/18/2021 10/18/21 For Rent $6,500 0.0% --
07/08/2021 07/08/21 Rented $6,500 0.0% --
04/29/2021 04/29/21 For Rent $6,500 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sebastian Wolski

    Seller's Agent in 2024

    Sebastian Wolski

    Compass

    (818) 554-2199

    16 in this area

    47 Total Sales

    Sebastian Wolski
    Section Image
  • Ray Lyon

    Seller Co-Listing Agent in 2024

    Ray Lyon

    Compass

    (310) 993-1065

    8 in this area

    86 Total Sales

    Ray Lyon
    Section Image
  • Anton Smirnov

    Buyer's Agent in 2024

    Anton Smirnov

    Sotheby's International Realty

    (818) 915-6612

    5 in this area

    60 Total Sales

    Anton Smirnov
    Section Image
  • Teri Heravi

    Seller's Agent in 2022

    Teri Heravi

    Compass

    (310) 433-0176

    20 Total Sales

    Teri Heravi
    Section Image
  • David Solomon

    Buyer's Agent in 2022

    David Solomon

    Douglas Elliman of California, Inc.

    (310) 633-4922

    20 in this area

    170 Total Sales

    David Solomon
    Section Image
  • Anna Solomon

    Buyer Co-Listing Agent in 2022

    Anna Solomon

    Douglas Elliman of California, Inc.

    (310) 866-9306

    16 in this area

    174 Total Sales

    Anna Solomon
    Section Image
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About Ocean Towers

Map

Source: The MLS

MLS Number: 24-382747

The MLS

APN: 4293-020-143

California Los Angeles County Santa Monica 90402 North of Montana

201 Ocean Ave Unit 1803B, Santa Monica, CA

This home is located at 201 Ocean Ave Unit 1803B, Santa Monica, CA 90402 and is currently priced at $1,100,000, approximately $1,214 per square foot. This property was built in 1971. 201 Ocean Ave Unit 1803B is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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The MLS © 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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