NOT LISTED FOR SALE

Estimated Value: $1,710,306 - $2,364,000

2 Beds
2 Baths
1,228 Sq Ft
$1,573/Sq Ft Est. Value

Sale Details

Date Sold: January 23, 2025

Last sale price $1,650,000 $1,344 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $14,124 / mo

211 Days on Market

Highlights

  • Concierge
  • White Water Ocean Views
  • 24-Hour Security
  • Roosevelt Elementary School Rated A+
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of January 2025

Incredible NEW PRICE! Spectacular Head-on Ocean, Whitewater, Coastline, Mountain and Sunset unobstructed Views from this beautiful, completely updated and remodeled, 2 bedroom, 2 bathroom Penthouse at the sensational Ocean Towers! Wood floors throughout with sensational kitchen and bathrooms and explosive Views from both Bedrooms! Floor to ceiling sliding glass doors extend the living room to an extra-large Balcony for enjoying your morning coffee and to take in the breadth and beauty of the astounding views, sunshine, ocean breezes. Ocean Towers is Ocean Avenue's only Full Service, Full Amenity Building delivering an unparalleled lifestyle with exceptional amenities, and an extraordinary location at the North end of Ocean Avenue across from the bluffs and our exquisite coastline. When you arrive at Ocean Towers, a lovely porte cochre welcomes you & you're transported to a world of sumptuous amenities and 1st class service with a Valet, Doormen and 24 hour Concierge. Work out in the state-of-the-art fitness center that overlooks the Pool and Spa, entertain in the Community Center or relax in your own private residence and watch the Sunset on the lovely oversized Terrace. Whatever your lifestyle, it's welcome here. Moments to Montana's fine dining and boutiques and just across from the crystal blue ocean and white sandy beaches. This is Santa Monica at its finest.

Last Agent to Sell the Property

Nili Hudson

Compass License #00910893 Listed on: 04/29/2024

Compass

Last Buyer's Agent

Kirt Kingzett

Coldwell Banker Realty License #01741998

Coldwell Banker Realty

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 1.33 Acre Lot
  • West Facing Home

HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking
  • Gated Parking
  • Guest Parking
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • City Lights
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 19th floor
  • Turnkey

Interior Spaces

  • 1,228 Sq Ft Home
  • Built-In Features
  • Double Pane Windows
  • Living Room
  • Dining Area
  • Center Hall
  • Laundry closet

Kitchen

  • Gourmet Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Engineered Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Spa

Outdoor Features

  • Living Room Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 4293-020-158

Community Details

Overview

  • Association fees include water, trash, water and sewer paid, gas, concierge, building and grounds, earthquake insurance
  • 317 Units
  • High-Rise Community
  • 19-Story Property

Amenities

  • Concierge
  • Doorman
  • Valet Parking
  • Trash Chute
  • Clubhouse
  • Meeting Room
  • Recreation Room
  • Elevator
  • Lobby
  • Reception Area

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Co-Op

Year Built

Built in 1971 | Remodeled

Lot Details

1.33 Acres

HOA Fees

$3,139 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Ocean Towers
  • Entry Floor: 19
  • Entry Location: Living Room
  • Living Area: 1228
  • Lot Acreage: 1.3258
  • Planned Urban Dev: 0
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 19
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Built-Ins, Living Room Balcony, Turnkey
  • Flooring: Ceramic Tile, Marble, Engineered Hardwood, Mixed
  • Appliances: Cooktop - Electric, Microwave, Oven-Electric, Range Hood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Primary Bedroom, Primary Suite, WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled, Shower Over Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, Breakfast Counter / Bar
  • Kitchen Features: Gourmet Kitchen, Quartz Counters, Remodeled
  • Laundry: In Unit, Laundry Closet Stacked
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator
  • Price Per S Q F T: 1461.73
  • Windows: Double Pane Windows

Exterior Features

  • Balcony: Ex-Large
  • Direction Faces: West
  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Exposure: North East
  • Patio: Living Room Balcony
  • Pool Description: Heated, Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Mountains, City Lights, White Water, Ocean, Coastline
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Community Garage, Valet, Tandem
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Earth Quake Ins: 1
  • Heating: Central, Forced Air
  • Security: Carbon Monoxide Detector(s), Community, Guarded, Smoke Detector, Fire Sprinklers, 24 Hour
  • Sewer: In Street
  • Water: Public

Association/Amenities

  • Amenities: Assoc Pet Rules, Clubhouse, Concierge, Controlled Access, Conference, Elevator, Exercise Room, Fitness Center, Gated Parking, Guest Parking, Onsite Property Management, Pool, Rec Multipurpose Rm, Security, Spa, Valet Parking
  • Pet Rules: Assoc Pet Rules, Pets Permitted, Yes, Weight Limit

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • Association Fees Include: Water, Trash, Water and Sewer Paid, Gas, Concierge, Building and Grounds, Earthquake Insurance
  • High Rise: 24-Hour Concierge, Controlled Access, Door Person, Entrance Lobby, Mens and Womens Changing Rooms, Reception Desk, Valet Parking, Trash Chute, Concierge
  • HOA Fees: 1773.50
  • HOA Fees: 1365.14
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Horses: No
  • Assessor Parcel Number: 4293-020-158
  • Lot Size Area: 57750

Rental Info

  • Furnished: Furnished Or Unfurnished
  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 317

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 13, 2010
Sold by
Spahi Omar and Occidental Trust
Bought by
Spahi Omar
Current Estimated Value
$1,756,904

Purchase Details

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Spahi Omar -- None Available
Spahi Omar -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2025 01/23/25 Sold $1,650,000 -8.1% $1,344 / Sq Ft
11/26/2024 11/26/24 Pending -- -- --
10/10/2024 10/10/24 Price Changed $1,795,000 -5.3% $1,462 / Sq Ft
08/30/2024 08/30/24 Price Changed $1,895,000 -7.3% $1,543 / Sq Ft
07/29/2024 07/29/24 Price Changed $2,045,000 -9.8% $1,665 / Sq Ft
06/29/2024 06/29/24 Price Changed $2,268,000 -10.0% $1,847 / Sq Ft
05/29/2024 05/29/24 Price Changed $2,520,000 -10.0% $2,052 / Sq Ft
04/29/2024 04/29/24 For Sale $2,800,000 0.0% $2,280 / Sq Ft
10/29/2022 10/29/22 Rented $9,000 0.0% --
10/03/2022 10/03/22 For Rent $9,000 -18.2% --
01/17/2014 01/17/14 Rented $11,000 -8.3% --
01/17/2014 01/17/14 Under Contract -- -- --
12/06/2013 12/06/13 For Rent $12,000 -- --
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 $19,274 $1,650,100 $1,354,565 $295,535
2024 $19,274 $1,617,746 $1,328,005 $289,741
2023 $18,964 $1,586,026 $1,301,966 $284,060
2022 $18,728 $1,554,929 $1,276,438 $278,491
2021 $18,268 $1,524,441 $1,251,410 $273,031
2019 $17,961 $1,479,228 $1,214,294 $264,934
2018 $16,918 $1,450,225 $1,190,485 $259,740
2016 $16,310 $1,393,913 $1,144,258 $249,655
2015 $16,099 $1,372,976 $1,127,071 $245,905
2014 $15,864 $1,346,083 $1,104,994 $241,089
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-384375

The MLS

APN: 4293-020-158

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