Park Plaza Condominiums 515 Ocean Ave Unit 504S Santa Monica, CA 90402
North of Montana Neighborhood
2
Beds
2
Baths
1,490
Sq Ft
$1,217/mo
HOA Fee
Highlights
- Concierge
- Ocean View
- In Ground Pool
- Roosevelt Elementary School Rated A+
- Fitness Center
- 3-minute walk to Palisades Park
About This Home
As of June 2021This is the best place to live on world renowned OCEAN AVENUE. The building is centrally located to shopping, restaurants, entertainment and the beach. The views from the balcony are life altering. The unit provides a en suite master with access to the patio. The second bedroom is spacious and bright and also has access to the balcony. The main areas include an extra large living room, dining area, breakfast bar and a cook's kitchen. The in residence washer/dryer is another feature that makes life so simple on OCEAN AVENUE. As for the building, the pool area is relaxing, and the security is round the clock. There is also a gym available.
Last Agent to Sell the Property
Ellen Conrad
Coldwell Banker Realty License #00918465 Listed on: 09/23/2016
Last Buyer's Agent
Cindy Leight
License #01889091
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $29,949
Year Built
- Built in 1976
HOA Fees
- $1,217 Monthly HOA Fees
Home Design
- Contemporary Architecture
Interior Spaces
- 1,490 Sq Ft Home
- Built-In Features
- Living Room with Fireplace
- Dining Area
- Ocean Views
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in unit
- Gas Dryer Hookup
Parking
- 2 Car Garage
- Gated Parking
Additional Features
- In Ground Pool
- Central Heating
Listing and Financial Details
- Assessor Parcel Number 4293-008-068
Community Details
Overview
- 88 Units
- High-Rise Condominium
Amenities
- Concierge
- Valet Parking
- Sundeck
- Sauna
- Elevator
- Community Storage Space
Recreation
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
Security
- Resident Manager or Management On Site
- Controlled Access
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
2.69%
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
4.66%
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: 16-164496
APN: 4293-008-068
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© 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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