NOT LISTED FOR SALE

Park Plaza Condominiums 515 Ocean Ave Unit 707N Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $2,519,000 - $3,955,614

2 Beds
2.5 Baths
1,900 Sq Ft
1.55 Acre Lot

Sale Details

Date Sold: May 19, 2022

Last sale price $3,450,000 $1,816 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $23,295 / mo

12 Days on Market

Highlights

  • Concierge
  • Fitness Center
  • Heated In Ground Pool
  • Ocean Front
  • 24-Hour Security
  • 1.55 Acre Lot

About This Home

As of May 2022

With sweeping ocean, mountain, and tree lined city views, you are going to love the sunsets over the Pacific and the sunrises over LA's snow capped mountains. This gorgeous high floor luxury condominium is an oasis of splendor on Santa Monica's Palisades Park. Bathed in natural light from all directions, the spacious two bedroom + den, two and half bath, 1900 square foot condo sits at the north east corner of The Park Plaza building at 515 Ocean Avenue. All rooms feature high ceilings, floor to ceiling windows, and unobstructed views. The kitchen was recently remodeled with top of the line appliances including built-in wine cooler, marble countertops, and open floor plan to dining and living areas. The building features a 24 hour concierge, valet, on site manager, heated pool and spa, gym with sauna, side by side parking, meeting room and much more. Located close to all of Santa Monica's amazing amenities, including Third Street Promenade, Montana Avenue shops and dining, and Santa Monica Canyon.

Last Agent to Sell the Property

Mitch Bassett

Carolwood Estates License #02141643 Listed on: 04/22/2022

Carolwood Estates

Last Buyer's Agent

Michelle Zoolalian (zoo.lay.lee.in

Compass License #01370099

Compass

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • Ocean Front
  • End Unit
  • East Facing Home
  • Gated Home

HOA Fees

  • $2,024 Monthly HOA Fees

Property Views

  • Ocean
  • Coastline
  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Entry on the 7th floor

Interior Spaces

  • 1,900 Sq Ft Home
  • Built-In Features
  • Bar
  • Sliding Doors
  • Living Room
  • Dining Area
  • Den

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Guest Parking
  • Parking Garage Space
  • Controlled Entrance

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Balcony

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 4293-008-130

Community Details

Overview

  • 88 Units
  • Low-Rise Community
  • Maintained Community

Amenities

  • Concierge
  • Sundeck
  • Meeting Room
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

1.55 Acres

HOA Fees

$2,024 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Low Rise
  • Street Number Display: Yes
  • Complex Name: Park Plaza
  • Entry Floor: 7
  • Living Area: 1900
  • Lot Acreage: 1.5475
  • Planned Urban Dev: 1
  • Probate: No
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Bedrooms: 2
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Unit, Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Refrigerator, Washer, Garbage Disposal, Microwave, Range/Oven
  • Price Per S Q F T: 1523.68

Exterior Features

  • Direction Faces: East
  • Other Features: Balcony, End Unit, Sliding Glass Doors
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: Coastline, Ocean, Panoramic, Mountains, City Lights
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Controlled Entrance, Community Garage, Built-In Storage, Private Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour, Community, Resident Manager, Gated, Guarded

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Guest Parking, Meeting Room, Onsite Property Management, Pool, Sun Deck
  • Pet Rules: Call

Condo/Co-op/Association

  • Assessments: Yes
  • HOA Fee Frequency: Monthly
  • HOA Fees: 2024.00
  • HOA: Yes

Lot Info

  • Special Zoning: Coastal Commission, Property Report
  • Assessor Parcel Number: 4293-008-130
  • Lot Size Area: 67408

Multi Family

  • Number Of Units: 88

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2022
Closed on
May 5, 2022
Sold by
Bought by
Seller's Agent
Mitch Bassett
Carolwood Estates
Buyer's Agent
Michelle Zoolalian (zoo.lay.lee.in
Compass
List Price
$2,895,000
Sold Price
$3,450,000
Premium/Discount to List
$555,000
19.17%
Current Estimated Value
$3,304,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$145,846
Avg. Annual Appreciation
-1.02%
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in North of Montana, CA

  • Sophia Tran Real Estate Agent - Cali Real Estate, Inc.

    Sophia Tran

    Cali Real Estate, Inc.

    (657) 306-5396

    25 Total Sales

    1 in North of Montana

    $765,000 Price

    Sophia Tran
     Section Image
  • Eric Nam Real Estate Agent - Coldwell Banker Quality Properties

    Eric Nam

    Coldwell Banker Quality Properties

    (424) 402-5543

    24 Total Sales

    1 in North of Montana

    $755,000 Price

    Eric Nam
     Section Image
  • Natalie Kouzouyan Real Estate Agent - The Agency

    Natalie Kouzouyan

    The Agency

    (424) 284-7631

    12 Total Sales

    3 in North of Montana

    $1.4M - $4.2M Price Range

    Natalie Kouzouyan
     Section Image
  • Edward Wynn Real Estate Agent - Compass

    Edward Wynn

    Compass

    (571) 617-7149

    6 Total Sales

    5 in North of Montana

    $3.9M - $7.8M Price Range

    Edward Wynn
     Section Image
  • Sebastian Wolski Real Estate Agent - Compass

    Sebastian Wolski

    Compass

    (747) 246-7875

    45 Total Sales

    21 in North of Montana

    $760K - $2.8M Price Range

    Sebastian Wolski
     Section Image
  • Mimi and Jon Torp Real Estate Agent - Compass

    Mimi and Jon Torp

    Compass

    (833) 891-7228

    23 Total Sales

    1 in North of Montana

    $5,100,000 Price

    Mimi and Jon Torp
     Section Image
See All Agents

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$3,450,000 Progressive Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $590,000
Previous Owner $294,000
Previous Owner $685,000
Previous Owner $700,000
Previous Owner $575,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $3,450,000 +19.2% $1,816 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/22/2022 04/22/22 For Sale $2,895,000 -- $1,524 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $44,830 $3,661,167 $742,845 $2,918,322
2024 $42,070 $3,589,380 $728,280 $2,861,100
2023 $41,398 $3,519,000 $714,000 $2,805,000
2022 $15,076 $1,242,254 $496,899 $745,355
2021 $14,694 $1,217,897 $487,156 $730,741
2019 $14,442 $1,181,775 $472,707 $709,068
2018 $13,601 $1,158,604 $463,439 $695,165
2016 $13,095 $1,113,616 $445,444 $668,172
2015 $12,924 $1,096,890 $438,754 $658,136
2014 $12,738 $1,075,405 $430,160 $645,245
Source: Public Records

Agents Affiliated with this Home

  • Mitch Bassett Real Estate Agent - Carolwood Estates

    Seller's Agent in 2022

    Mitch Bassett

    Carolwood Estates

    (310) 266-3286

    1 in this area

    15 Total Sales

    Mitch Bassett
    Section Image
See All Agents

About Park Plaza Condominiums

Map

Source: The MLS

MLS Number: 22-141155

The MLS

APN: 4293-008-130

California Los Angeles County Santa Monica 90402 North of Montana

515 Ocean Ave Unit 707N, Santa Monica, CA

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.

The MLS © 2026 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
Your Personal Tour Guide

Ask me questions while you tour the home.