NOT LISTED FOR SALE

Ocean Towers 201 Ocean Ave Unit B508 Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $1,312,000 - $1,727,000

2 Beds
2 Baths
1,228 Sq Ft
1.33 Acres Lot

Highlights

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

About This Home

As of September 2016

Breathtaking Ocean views from EVERY ROOM. Totally UPGRADED with stainless steel sinks and appliances. Surround sound throughout, 2 plasma TVs, Hardwood Floors, Limestone, Granite Counter-tops in Kitchen, Marble floors in Bathrooms and Spa tub. FURNISHED including Dishes, Towels, Glasses, Linens & more! This is a full service building, 24 hr security, pool, spa, sauna, gym, sundeck, concierge, elevator, gated community, and maid service is available. Please see Showing Remarks.

Last Agent to Rent the Property

Dorina Schiro

Sea Cliff Realtors License #01227758 Listed on: 06/23/2016

Last Renter's Agent

Marc de Longeville

Sotheby's International Realty License #01987515

Sotheby's International Realty

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • Gated Home

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 1,228 Sq Ft Home
  • Furnished
  • Built-In Features
  • Living Room
  • Dining Area
  • Ocean Views

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Gated Parking
  • Parking Garage Space

Pool

  • Heated In Ground Pool
  • Spa

Utilities

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

Listing and Financial Details

  • Security Deposit $20,000
  • Tenant pays for electricity, move in fee, move out fee
  • Negotiable Lease Term
  • Assessor Parcel Number 4293-020-028

Community Details

Overview

  • 317 Units
  • High-Rise Community

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Sauna
  • Banquet Facilities
  • Laundry Facilities
  • 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 1971

Lot Details

1.33 Acres

Rental Info

  • Furnished: Furnished
  • Security Deposit: 20000
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Style: Architectural
  • Single Family Or Apt: Condo/Apt
  • Street Number Display: Yes
  • Complex Name: OCEAN TOWERS
  • Entry Floor: 5
  • Lease Terms: Negotiable
  • Living Area: 1228
  • Year Built: 1971
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Flooring: Hardwood, Marble
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Cable, Dishwasher, Garbage Disposal, Microwave, Phone System, Refrigerator
  • Price Per S Q F T: 8.14

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Community, Heated
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Ocean
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Community Garage, Door Opener, Valet
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Community, Gated, Guarded

Association/Amenities

  • Amenities: Banquet, Concierge, Controlled Access, Elevator, Exercise Room, Gated Community, Gated Community Guard, Gated Parking, Pool, Sauna, Security, Spa, Sun Deck, Switchboard, Valet Parking
  • Pet Rules: Call

Lot Info

  • Assessor Parcel Number: 4293-020-028
  • Geocode Override: No
  • Lot Size Area: 57915

Multi Family

  • Number Of Units: 317

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2012
Closed on
Oct 16, 2012
Sold by
Ocean Avenue Investments Inc
Bought by
Spahi John and Spahi Family Trust
Seller's Agent
Dorina Schiro
Sea Cliff Realtors
Buyer's Agent
Dorina Schiro
Sea Cliff Realtors
Sold Price
$9,500
Current Estimated Value
$1,494,831

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,485,331

Purchase Details

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

Purchase Details

Closed on
Oct 1, 2010
Sold by
Fuladian Janet
Bought by
Mci Group Inc

Purchase Details

Closed on
Nov 18, 2009
Sold by
Spahi Omar and Occidental Trust
Bought by
Spahi Omar

Purchase Details

Closed on
Nov 10, 2009
Sold by
Fuladian Janet
Bought by
Fuladian Janet and Spahi Omar

Purchase Details

Closed on
Nov 6, 2009
Sold by
Spahi Omar and Occidental Trust
Bought by
Fuladian Janet and Spahi Omar

Purchase Details

Closed on
Sep 10, 2009
Sold by
Fuladian Janet
Bought by
Spahi Omar and The Occidental Trust

Purchase Details

Closed on
Apr 24, 2009
Sold by
Melamed Janet and Melamed Family Trust
Bought by
Fuladian Janet

Purchase Details

Closed on
Jan 21, 2009
Sold by
Melamed David and Melamed Janet
Bought by
Melamed Janet and Melamed Family Trust

Purchase Details

Closed on
Dec 4, 2008
Sold by
Melamed David
Bought by
Melamed David and Melamed Janet

Purchase Details

Closed on
Jan 4, 2007
Sold by
Spahi Fadila and Occidental Trust
Bought by
Melamed David
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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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 John -- None Available
Spahi John -- None Available
Mci Group Inc -- None Available
Spahi Omar -- None Available
Fuladian Janet -- None Available
Fuladian Janet -- None Available
Spahi Omar -- None Available
Fuladian Janet -- Accommodation
Melamed Janet -- Accommodation
Melamed David -- Accommodation
Melamed David -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2016 09/19/16 Rented $10,000 0.0% --
06/23/2016 06/23/16 For Rent $10,000 0.0% --
02/22/2016 02/22/16 Rented $10,000 0.0% --
02/06/2016 02/06/16 For Rent $10,000 0.0% --
01/03/2016 01/03/16 Rented $10,000 +5.3% --
12/22/2015 12/22/15 Price Changed $9,500 -5.0% $8 / Sq Ft
12/13/2015 12/13/15 For Rent $10,000 +33.3% --
10/17/2014 10/17/14 Rented $7,500 -25.0% --
10/17/2014 10/17/14 Under Contract -- -- --
09/11/2014 09/11/14 For Rent $10,000 0.0% --
04/18/2014 04/18/14 Rented $10,000 0.0% --
04/18/2014 04/18/14 Under Contract -- -- --
02/27/2014 02/27/14 For Rent $10,000 +11.1% --
07/29/2013 07/29/13 Rented $9,000 0.0% --
07/29/2013 07/29/13 Under Contract -- -- --
02/05/2013 02/05/13 For Rent $9,000 -5.3% --
12/07/2012 12/07/12 Rented $9,500 0.0% --
12/07/2012 12/07/12 Under Contract -- -- --
07/31/2012 07/31/12 For Rent $9,500 +8.0% --
05/29/2012 05/29/12 Rented $8,800 -2.2% --
05/29/2012 05/29/12 Under Contract -- -- --
03/09/2012 03/09/12 For Rent $9,000 -- --
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 $11,762 $1,428,000 $428,400 $999,600
2024 $11,762 $965,818 $724,365 $241,453
2023 $11,572 $946,881 $710,162 $236,719
2022 $11,421 $928,316 $696,238 $232,078
2021 $11,128 $910,115 $682,587 $227,528
2019 $10,936 $883,122 $662,342 $220,780
2018 $10,307 $865,806 $649,355 $216,451
2016 $9,927 $832,188 $624,141 $208,047
2015 $9,797 $819,688 $614,766 $204,922
2014 $9,661 $803,632 $602,724 $200,908
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2016

    Dorina Schiro

    Sea Cliff Realtors

    (310) 210-9090

    1 in this area

    2 Total Sales

    Dorina Schiro
    Section Image

  • M

    Tenant's Agent in 2016

    Marc de Longeville

    Sotheby's International Realty

    Section Image
  • Gina Longo

    Buyer's Agent in 2016

    Gina Longo

    Coldwell Banker Realty

    (310) 259-7999

    22 Total Sales

    Gina Longo
    Section Image

  • V

    Buyer's Agent in 2014

    Vittoria Feeley

    Pardee Properties

  • Joseph Schiro

    Seller Co-Listing Agent in 2013

    Joseph Schiro

    Plush Home Int'l Realty

    (310) 474-5808

    14 Total Sales

    Joseph Schiro
    Section Image

  • M

    Buyer's Agent in 2013

    Michael First

See All Agents

About Ocean Towers

Map

Source: The MLS

MLS Number: 16-137750

The MLS

APN: 4293-020-028

California Los Angeles County Santa Monica 90402 North of Montana

201 Ocean Ave Unit B508, Santa Monica, CA

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