Park Plaza Condominiums 515 Ocean Ave Unit 504S Santa Monica, CA 90402
North of Montana Neighborhood
2
Beds
2
Baths
1,490
Sq Ft
$1,339/mo
HOA Fee
Highlights
- Concierge
- White Water Ocean Views
- 24-Hour Security
- Roosevelt Elementary School Rated A+
- Fitness Center
- 3-minute walk to Palisades Park
About This Home
As of June 2021Sophisticated meticulously reimagined ocean view property. There was no expense sparred during renovations come see for yourself. Located in the ocean front Park Plaza Complex across from Palisades Park. This open floor plan offers white oak wood floors, floor-to-ceiling Fleetwood sliding doors that open throughout to the balcony with beautiful ocean views. A chef's kitchen, with stainless steel Miele appliances, custom white cabinetry and quartz countertops that invite you into the entertainment space. The home additionally has custom built-ins throughout so much to see and enjoy! Also, offers home automation system by Lutron that connects to motorized shades and lighting. Sonos in every room and private laundry room and Mr. Steam in master bath. Building amenities include 24-hr concierge, security, valet parking, gym/fitness center and stretch or yoga room, pool & spa, conference room, designated two side by side parking spaces and storage. Santa Monica Pier, shopping and close freeway access. This is one not to miss!
Last Agent to Sell the Property
Sotheby's International Realty License #01889091 Listed on: 04/02/2021
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $29,949
Year Built
- Built in 1976
HOA Fees
- $1,339 Monthly HOA Fees
Property Views
- White Water Ocean
- Coastline
- City Lights
- Canyon
- Mountain
- Hills
- Pool
- Courtyard
Home Design
- Contemporary Architecture
Interior Spaces
- 1,490 Sq Ft Home
- Dining Area
- Alarm System
Kitchen
- Breakfast Area or Nook
- Walk-In Pantry
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- Remodeled Bathroom
- 2 Full Bathrooms
Laundry
- Laundry closet
- Dryer
- Washer
Parking
- 2 Car Garage
- Public Parking
- Gated Parking
- Guest Parking
Pool
- Heated In Ground Pool
- Spa
Additional Features
- Open Patio
- West Facing Home
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4293-008-068
Community Details
Overview
- 88 Units
Amenities
- Concierge
- Doorman
- Valet Parking
- Meeting Room
- Card Room
- Elevator
- Lobby
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- 24-Hour Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 2, 2021
Closed on
Jun 16, 2021
Sold by
Mann Sanford S
Bought by
Khetpal Vivek and Khetpal Family Trust
Seller's Agent
Cindy Leight
Sotheby's International Realty
Buyer's Agent
Andrew Belcher
RIGHT HERE REALTY
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,775
Avg. Annual Appreciation
2.64%
Purchase Details
Listed on
Apr 2, 2021
Closed on
Jun 3, 2021
Sold by
Mann Sanford
Bought by
515 Ocean Ave Realty Llc
Seller's Agent
Cindy Leight
Sotheby's International Realty
Buyer's Agent
Andrew Belcher
RIGHT HERE REALTY
List Price
$2,795,000
Sold Price
$2,400,000
Premium/Discount to List
-$395,000
-14.13%
Purchase Details
Closed on
Nov 21, 2017
Sold by
Samborski Jessica Julie
Bought by
Mann Sanford S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Sep 23, 2016
Closed on
Mar 30, 2017
Sold by
Mann Sanford S
Bought by
Mann Sanford S
Seller's Agent
Ellen Conrad
Coldwell Banker Realty
Buyer's Agent
Cindy Leight
List Price
$1,975,000
Sold Price
$1,825,000
Premium/Discount to List
-$150,000
-7.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.62%
Purchase Details
Listed on
Sep 23, 2016
Closed on
Jan 24, 2017
Sold by
Mayer Patricia F
Bought by
Mann Stanford S
Seller's Agent
Ellen Conrad
Coldwell Banker Realty
Buyer's Agent
Cindy Leight
List Price
$1,975,000
Sold Price
$1,825,000
Premium/Discount to List
-$150,000
-7.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,440,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
May 22, 2012
Closed on
Jul 9, 2012
Sold by
Mayer Patricia F
Bought by
Mayer Patricia F and Stewart N Mayer Exempt Portion
Seller's Agent
Andrea Tzadik
Compass
Buyer's Agent
Clifford Rowe
Compass
Sold Price
$5,600
Purchase Details
Closed on
Apr 27, 2007
Sold by
Lockhart David M
Bought by
Mayer Mildred L and The Mayer Family Trust
Purchase Details
Closed on
Jan 25, 2002
Sold by
Woodward Lydia S
Bought by
Lockhart David M and Woodward Lydia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.11%
Purchase Details
Closed on
Jan 17, 2002
Sold by
Lockhart David M
Bought by
Woodward Lydia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.11%
Purchase Details
Closed on
Sep 12, 2000
Sold by
Woodward Lydia S
Bought by
Lockhart David M and Woodward Lydia S
Purchase Details
Closed on
Jan 3, 1997
Sold by
Salcido Luis L
Bought by
Woodward Lydia S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
7.87%
Similar Homes in Santa Monica, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $2,400,000 | Fidelity National Title Co | |
| Grant Deed | -- | Amrock Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Orange Coast Title Company | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | $1,825,000 | Equity Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | Equity Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | Investors Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $440,000 | Equity Title | |
| Interfamily Deed Transfer | -- | Equity Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $144,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $1,440,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $218,000 | No Value Available | |
| Previous Owner | $330,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/23/2021 06/23/21 | Sold | $2,400,000 | -2.0% | $1,611 / Sq Ft |
| 06/10/2021 06/10/21 | Pending | -- | -- | -- |
| 06/10/2021 06/10/21 | Price Changed | $2,450,000 | -7.5% | $1,644 / Sq Ft |
| 05/29/2021 05/29/21 | Price Changed | $2,649,000 | 0.0% | $1,778 / Sq Ft |
| 05/18/2021 05/18/21 | Price Changed | $2,650,000 | -5.2% | $1,779 / Sq Ft |
| 04/02/2021 04/02/21 | For Sale | $2,795,000 | +53.2% | $1,876 / Sq Ft |
| 02/23/2017 02/23/17 | Sold | $1,825,000 | 0.0% | $1,225 / Sq Ft |
| 01/17/2017 01/17/17 | Pending | -- | -- | -- |
| 01/10/2017 01/10/17 | Price Changed | $1,825,000 | -7.6% | $1,225 / Sq Ft |
| 09/23/2016 09/23/16 | For Sale | $1,975,000 | 0.0% | $1,326 / Sq Ft |
| 11/11/2014 11/11/14 | Rented | $5,800 | -1.7% | -- |
| 11/11/2014 11/11/14 | Under Contract | -- | -- | -- |
| 10/03/2014 10/03/14 | For Rent | $5,900 | +5.4% | -- |
| 07/12/2012 07/12/12 | Rented | $5,600 | 0.0% | -- |
| 07/12/2012 07/12/12 | Under Contract | -- | -- | -- |
| 05/22/2012 05/22/12 | For Rent | $5,600 | -- | -- |
Source: The MLS
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $29,949 | $2,546,898 | $636,724 | $1,910,174 |
| 2023 | $29,468 | $2,496,960 | $624,240 | $1,872,720 |
| 2022 | $29,110 | $2,448,000 | $612,000 | $1,836,000 |
| 2021 | $23,339 | $1,956,766 | $1,313,446 | $643,320 |
| 2020 | $23,181 | $1,936,703 | $1,299,979 | $636,724 |
| 2019 | $22,950 | $1,898,730 | $1,274,490 | $624,240 |
| 2018 | $21,607 | $1,861,500 | $1,249,500 | $612,000 |
| 2017 | $9,836 | $815,919 | $279,894 | $536,025 |
| 2016 | $9,513 | $799,921 | $274,406 | $525,515 |
| 2015 | $9,387 | $787,907 | $270,285 | $517,622 |
| 2014 | $9,257 | $772,474 | $264,991 | $507,483 |
Source: Public Records
Agents Affiliated with this Home
-
Cindy Leight
Seller's Agent in 2021
Cindy Leight
Sotheby's International Realty
(310) 266-9260
2 in this area
16 Total Sales
-
Andrew Belcher
Buyer's Agent in 2021
Andrew Belcher
RIGHT HERE REALTY
(310) 270-2477
1 in this area
39 Total Sales
-
E
Seller's Agent in 2017
Ellen Conrad
Coldwell Banker Realty
-
Clifford Rowe
Seller's Agent in 2014
Clifford Rowe
Compass
(310) 880-9185
4 in this area
88 Total Sales
-
Andrea Tzadik
Seller Co-Listing Agent in 2014
Andrea Tzadik
Compass
(310) 625-8208
3 in this area
21 Total Sales
-
Elizabeth Gottainer
Buyer's Agent in 2014
Elizabeth Gottainer
Christie's International Real Estate SoCal
(213) 393-2209
1 in this area
20 Total Sales
About Park Plaza Condominiums
Map
Source: The MLS
MLS Number: 21-704938
APN: 4293-008-068
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
© 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Nearby Homes
- 515 Ocean Ave Unit 706S
- 136 Georgina Ave
- 547 Palisades Beach Rd
- 603 Ocean Ave Unit 2W
- 227 Alta Ave
- 202 San Vicente Blvd Unit 15
- 270 Palisades Beach Rd Unit 301
- 416 4th St
- 201 Ocean Ave Unit 409P
- 201 Ocean Ave Unit 710P
- 201 Ocean Ave Unit 1002B
- 201 Ocean Ave Unit 305B
- 201 Ocean Ave Unit 1105B
- 201 Ocean Ave Unit 1706P
- 201 Ocean Ave Unit 1604P
- 201 Ocean Ave Unit 1606P
- 201 Ocean Ave Unit 304B
- 201 Ocean Ave Unit 510P
- 201 Ocean Ave Unit 508P
- 201 Ocean Ave Unit 1505B