$995,000
SOLD AUG 8, 2025
1 Bed
1 Bath
906 Sq Ft
$2,302/ mo HOA Fee

Recently Sold

$1,098 Per Sq Ft

2 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 August 2025

Spectacular Head-on Ocean, Whitewater, Coastline, Mountain and Sunset unobstructed Views from this beautiful, updated 1 bedroom home at the sensational Ocean Towers! Wood floors throughout with a lovely kitchen and bathroom and explosive Views from every room! 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: 07/08/2025

Compass

Last Buyer's Agent

Gavin Fleminger

Nourmand & Associates-BW License #01240692

Property Details

Home Type

  • Co-Op

Year Built

  • Built in 1971 | Remodeled

Lot Details

  • 1.33 Acre Lot
  • West Facing Home

HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Mountain

Home Design

  • Contemporary Architecture
  • Entry on the 7th floor

Interior Spaces

  • 906 Sq Ft Home
  • Built-In Features
  • Living Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Home Security

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

Parking

  • 1 Parking Space
  • Gated Parking
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Living Room Balcony

Utilities

  • Air Conditioning
  • Central Heating
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 4293-020-043

Community Details

Overview

  • Association fees include earthquake insurance, water
  • 317 Units
  • High-Rise Condominium
  • 19-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sauna
  • Clubhouse
  • Meeting Room
  • Recreation Room
  • Laundry Facilities
  • Elevator

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

$2,302 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Stock Cooperative
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Ocean Tower's Housing Corporation
  • Entry Floor: 7
  • Entry Location: Living Room
  • Living Area: 906
  • Lot Acreage: 1.3258
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 19
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood, Stone
  • Appliances: Oven-Electric, Range Hood, Microwave, Cooktop - Electric, Built-Ins
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Built-Ins, Trash Compactor, Refrigerator, Range/Oven, Garbage Disposal, Ice Maker, Microwave
  • Price Per S Q F T: 1098.23

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Valet, Controlled Entrance, Community Garage
  • Total Parking: 1

Utilities

  • TV Svcs: Cable TV
  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Resident Manager, Fire Sprinklers, Community, 24 Hour
  • Sewer: In Connected and Paid
  • Water: Public

Association/Amenities

  • Amenities: Assoc Pet Rules, Controlled Access, Concierge, Clubhouse, Elevator, Fitness Center, Valet Parking, Sauna, Rec Multipurpose Rm, Pool, Gated Parking, Meeting Room, Onsite Property Management
  • 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: Earthquake Insurance, Water
  • HOA Fees: 1041.00
  • HOA Fees: 1261.00
  • HOA: Yes
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4293-020-043
  • Lot Size Area: 57750

Rental Info

  • Furnished: Furnished Or Unfurnished

Multi Family

  • Number Of Units: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Jun 24, 2025
Sold by
Gelato Trust and Marcaccini Giancarlo
Bought by
Spahi Family Trust and Spahi
Seller's Agent
Nili Hudson
Compass
Buyer's Agent
Gavin Fleminger
Nourmand & Associates-BW
List Price
$995,000
Sold Price
$995,000
Views
2
Current Estimated Value
$1,000,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,528
Avg. Annual Appreciation
1.34%

Purchase Details

Closed on
Apr 12, 2016
Sold by
Spahi Omar
Bought by
Spahi John and Spahi Family Trust

Purchase Details

Closed on
Apr 13, 2014
Sold by
Spahl John and The Gelato Trust
Bought by
Spahl Omar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
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 Spahl 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:

--
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 Type Sale Price Title Company
Quit Claim Deed -- Lawyers Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Equity Title Los Angeles
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $480,000 Purchase Money Mortgage
Closed $0 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/08/2025 08/08/25 Sold $995,000 0.0% $1,098 / Sq Ft
07/10/2025 07/10/25 Pending -- -- --
07/08/2025 07/08/25 For Sale $995,000 0.0% $1,098 / Sq Ft
06/27/2025 06/27/25 For Sale $995,000 0.0% $1,098 / Sq Ft
06/20/2025 06/20/25 Pending -- -- --
06/06/2025 06/06/25 Pending -- -- --
05/28/2025 05/28/25 For Sale $995,000 0.0% $1,098 / Sq Ft
05/22/2025 05/22/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $995,000 0.0% $1,098 / Sq Ft
03/17/2025 03/17/25 Pending -- -- --
10/02/2024 10/02/24 Price Changed $995,000 -3.9% $1,098 / Sq Ft
08/29/2024 08/29/24 Price Changed $1,035,000 -5.3% $1,142 / Sq Ft
08/01/2024 08/01/24 Price Changed $1,093,500 -10.0% $1,207 / Sq Ft
06/29/2024 06/29/24 Price Changed $1,215,000 -10.0% $1,341 / Sq Ft
06/02/2024 06/02/24 For Sale $1,350,000 -- $1,490 / Sq Ft
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 $14,627 $1,240,656 $1,002,962 $237,694
2024 $14,627 $1,216,331 $983,297 $233,034
2023 $14,390 $1,192,482 $964,017 $228,465
2022 $14,207 $1,169,101 $945,115 $223,986
2021 $13,852 $1,146,179 $926,584 $219,595
2019 $13,617 $1,112,185 $899,102 $213,083
2018 $12,829 $1,090,378 $881,473 $208,905
2016 $10,150 $853,060 $710,887 $142,173
2015 $12,148 $1,027,336 $918,047 $109,289
2014 $11,975 $1,007,213 $900,064 $107,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-399213

The MLS

APN: 4293-020-043

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