NOT LISTED FOR SALE

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

North of Montana Neighborhood

Estimated Value: $6,256,030

3 Beds
4.5 Baths
3,175 Sq Ft
1.55 Acre Lot

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • Roosevelt Elementary School Rated A+
  • Fitness Center
  • 3-minute walk to Palisades Park

About This Home

Rare offering. Sweeping ocean views from this exclusive Santa Monica Penthouse Condominium. The Penthouse is located in the prestigious Park Plaza, a full service building on Ocean Avenue. Enjoy watching the glistening waves of the Pacific Ocean as well as the gorgeous sunsets from most every room in your own resort like home! Dramatic high ceilings with floor to ceiling windows throughout the unit capture the stunning ocean views. The grand and spacious living room w/ fireplace and dining area flows to two separate terraces that overlook the palm tree lined promenade of Palisades Park and the ocean. There is a large den w/fireplace and bar. A spacious kitchen with breakfast area. The generous Master Suite has separate his and hers baths each with its' own walk in closet. There are two additional en suite bedrooms and baths. Powder Room. Laundry Room. Separate storage. Pool, gym and 24 hour concierge services.

Last Agent to Sell the Property

Jane Siegal

Coldwell Banker Realty License #00793259 Listed on: 10/30/2013

Coldwell Banker Realty

Last Buyer's Agent

Kathy Ellis

Coldwell Banker Realty License #01320487

Coldwell Banker Realty

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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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1976

Lot Details

  • 1.55

Property Views

  • Ocean
  • Trees

Home Design

  • Penthouse
  • Contemporary Architecture
  • Entry on the 8th floor

Interior Spaces

  • 3,175 Sq Ft Home
  • Living Room with Fireplace
  • Dining Area
  • Den with Fireplace
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Powder Room
  • 4.5 Bathrooms

Parking

  • 2 Car Garage
  • Side by Side Parking

Outdoor Features

  • In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4293-008-091

Community Details

Overview

  • 88 Units
  • High-Rise Community
  • 8-Story Property

Amenities

  • Concierge
  • Valet Parking
  • Sundeck
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1976

Lot Details

1.55 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Park Plaza
  • Entry Floor: 8
  • Living Area: 3175
  • Planned Urban Dev: 0
  • Stories: 8
  • Year Built: 1976
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Den, Living Room
  • Flooring: Carpet, Hardwood, Mixed
  • Bedrooms: 3
  • Laundry: Inside
  • Total Bathrooms: 4.50
  • Equipment: Dishwasher, Range/Oven, Refrigerator
  • Price Per S Q F T: 1653.54

Exterior Features

  • Balcony: Yes
  • Tennis Court Y/N: No
  • Exposure: W, N, S
  • Pool Description: Community
  • Pool: Yes
  • View: Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Garage, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Earth Quake Ins: 1
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Concierge, Controlled Access, Elevator, Exercise Room, Extra Storage, Pool, Sun Deck, Valet Parking
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fees: 2576.00
  • Unit Location: Front

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4293-008-091
  • Geocode Override: No
  • Lot Size Area: 67408

Rental Info

  • Land Lease Purchase Yn: No

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

Closed on
Mar 6, 2014
Sold by
Korn Samuel
Bought by
Current Estimated Value
$6,256,030

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 19, 2013
Sold by
Kondonassis Yolanda Eve
Bought by
Sachs Michael D
Seller's Agent
Jane Siegal
Coldwell Banker Realty
Buyer's Agent
Kathy Ellis
Coldwell Banker Realty
List Price
$5,250,000
Sold Price
$4,800,000
Premium/Discount to List
-$450,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.10%

Purchase Details

Listed on
Oct 30, 2013
Closed on
Nov 15, 2013
Sold by
Sachs Michael D
Bought by
Korn Samuel and Korn Aliza M
Seller's Agent
Jane Siegal
Coldwell Banker Realty
Buyer's Agent
Kathy Ellis
Coldwell Banker Realty
List Price
$5,250,000
Sold Price
$4,800,000
Premium/Discount to List
-$450,000
-8.57%

Purchase Details

Closed on
Dec 19, 2012
Sold by
Sachs Jerome M and Sachs Michael D
Bought by
Sachs Michael D and Lipman Susan Sachs

Purchase Details

Closed on
Oct 3, 2012
Sold by
Sachs Jerome M and Sachs Michael D
Bought by
Sachs Jerome M and Sachs Michael D

Purchase Details

Closed on
Feb 17, 2010
Sold by
Sachs Jerome M and Sachs Michael D
Bought by
Sachs Jerome M and Sachs Michael D

Purchase Details

Closed on
Aug 30, 1995
Sold by
Rognlien Adele and The Adele Rognlien Trust
Bought by
Sachs Jerome M
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

  • Raymond Dominguez Real Estate Agent - Engel & Völkers

    Raymond Dominguez

    Engel & Völkers

    (424) 359-1336

    12 Total Sales

    1 in North of Montana

    $625,500 Price

    Raymond Dominguez
     Section Image
  • Cesar Leyva Real Estate Agent - Beverly & Company Luxury Properties

    Cesar Leyva

    Beverly & Company Luxury Properties

    (424) 361-0281

    41 Total Sales

    1 in North of Montana

    $4,350,000 Price

    Cesar Leyva
     Section Image
  • Susan Kastner Real Estate Agent - Compass

    Susan Kastner

    Compass

    (424) 577-6015

    45 Total Sales

    12 in North of Montana

    $2.3M - $10.3M Price Range

    Susan Kastner
     Section Image
  • Saundra Renard Real Estate Agent - The Desert Connection Realtors

    Saundra Renard

    The Desert Connection Realtors

    (424) 323-4306

    15 Total Sales

    1 in North of Montana

    $625,000 Price

    Saundra Renard
     Section Image
  • Rod Vargas Real Estate Agent - Tierra Properties

    Rod Vargas

    Tierra Properties

    (424) 343-1076

    21 Total Sales

    2 in North of Montana

    $3.7M - $4.2M Price Range

    Rod Vargas
     Section Image
  • Chris Hicks Real Estate Agent - The Agency

    Chris Hicks

    The Agency

    (310) 294-8277

    31 Total Sales

    12 in North of Montana

    $1.8M - $5M Price Range

    Chris Hicks
     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
-- None Available
Sachs Michael D -- Fatcola
Lipman Susan Sachs -- Fatcola
Korn Samuel -- Fatcola
Sachs Michael D -- None Available
Sachs Jerome M -- None Available
Sachs Jerome M -- None Available
Sachs Jerome M -- None Available
Sachs Jerome M $1,150,000 Guardian Title Company
Source: Public Records

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
2026 $71,693 $6,001,817 $4,001,213 $2,000,604
2025 $71,693 $5,884,135 $3,922,758 $1,961,377
2024 $67,267 $5,768,761 $3,845,842 $1,922,919
2023 $66,196 $5,655,649 $3,770,434 $1,885,215
2022 $65,417 $5,544,754 $3,696,504 $1,848,250
2021 $63,879 $5,436,034 $3,624,024 $1,812,010
2019 $62,836 $5,274,801 $3,516,535 $1,758,266
2018 $59,142 $5,171,375 $3,447,584 $1,723,791
2016 $57,056 $4,970,566 $3,313,711 $1,656,855
2015 $56,327 $4,895,904 $3,263,936 $1,631,968
2014 $18,396 $1,558,466 $907,977 $650,489
Source: Public Records

Agents Affiliated with this Home

  • Jane Siegal Real Estate Agent - Coldwell Banker Realty

    Seller's Agent in 2014

    Jane Siegal

    Coldwell Banker Realty

    (310) 777-6371

    3 in this area

    31 Total Sales

    Jane Siegal
    Section Image
  • Kathy Ellis Real Estate Agent - Coldwell Banker Realty

    Buyer's Agent in 2014

    Kathy Ellis

    Coldwell Banker Realty

    (310) 804-4526

    20 Total Sales

    Kathy Ellis
    Section Image
See All Agents

About Park Plaza Condominiums

Map

Source: The MLS

MLS Number: 13-715545

The MLS

APN: 4293-008-091

California Los Angeles County Santa Monica 90402 North of Montana

515 Ocean Ave Unit SPHA, Santa Monica, CA

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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.

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