NOT LISTED FOR SALE

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

North of Montana Neighborhood

Estimated Value: $2,165,000 - $4,610,000

2 Beds
4 Baths
3,175 Sq Ft
1.55 Acres

Highlights

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

About This Home

As of May 2023

Ocean Avenue penthouse with stunning ocean and mountain views. Located in the prestigious Park Plaza building, this condominium has two bedrooms and four bathrooms plus a bonus room that could be used as a gym or home office. This sunlight filled residence features wood and marble floors, floor-to-ceiling sliding doors, private laundry room, and custom built-ins. Large open chefs kitchen with stainless steel appliances, wet bar, dining room, and living room provide the perfect opportunity to entertain. Multiple windows and doors lead to a wrap-around balcony that embodies the California lifestyle. Building amenities include 24-hour concierge, security, valet, pool, spa, fitness facility, and a conference room. Located close to Santa Monica dining and shopping and Palisades Park.

Last Agent to Rent the Property

Ashley Durbin Hicks

The Agency License #01351594 Listed on: 12/21/2022

The Agency

Co-Listed By

Chris Hicks

The Agency License #01315836

Last Renter's Agent

Jane Dorian

Carolwood Estates License #01320230

Carolwood Estates

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,680

Year Built

  • Built in 1976

Lot Details

  • 1.55

Parking

  • 2 Car Garage
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • Ocean
  • Coastline

Home Design

  • Contemporary Architecture

Interior Spaces

  • 3,175 Sq Ft Home
  • 1-Story Property
  • Bar
  • Living Room with Fireplace
  • Dining Area
  • Den

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Heated In Ground Pool
  • Heated Spa

Outdoor Features

  • Living Room Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Security Deposit $31,000
  • Tenant pays for cable TV, electricity, insurance, move in fee, move out fee
  • 12 Month Lease Term
  • Assessor Parcel Number 4293-008-092

Community Details

Overview

  • 88 Units

Amenities

  • Concierge
  • Valet Parking
  • 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

Condo Details

Home Type

Condominium

Est. Annual Taxes

$11,680

Year Built

Built in 1976

Lot Details

0

Parking

2

Rental Info

  • Credit Report Required: Yes
  • Security Deposit: 31000
  • Tenant Pays: Cable TV, Electricity, Insurance, Move In Fee, Move Out Fee

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Ocean Avenue penthouse with stunning ocean and mountain views. Located in the prestigious Park Plaza building, this condominium has two bedrooms and four bathrooms plus a bonus room that could be used as a gym or home office. This sunlight filled residence features wood and marble floors, floor-to-ceiling sliding doors, private laundry room, and custom built-ins. Large open chefs kitchen with stainless steel appliances, wet bar, dining room, and living room provide the perfect opportunity to entertain. Multiple windows and doors lead to a wrap-around balcony that embodies the California lifestyle. Building amenities include 24-hour concierge, security, valet, pool, spa, fitness facility, and a conference room. Located close to Santa Monica dining and shopping and Palisades Park.
  • Complex Name: Park Plaza
  • Entry Floor: 6
  • Lease Terms: 1+Year
  • Living Area: 3175
  • Lot Acreage: 1.5475
  • Unit Floor In Building: 6
  • Year Built: 1976
  • Number Of Photos: 26
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Marble, Wood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 4
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 4.00
  • Den: 1
  • Equipment: Dishwasher, Dryer, Garbage Disposal, Range/Oven, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 4.88

Exterior Features

  • Balcony: Yes
  • Patio: Balcony, Living Room Balcony
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • Spa: Association Spa, Heated
  • Spa Yn: Yes
  • View: Coastline, Ocean, Tree Top
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Covered Parking, Gated Underground, Side By Side
  • Total Parking: 2

Utilities

  • TV Svcs: Cable TV
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Automatic Gate, T.V.

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Concierge, Conference, Controlled Access, Elevator, Exercise Room, Extra Storage, Guest Parking, Onsite Property Management, Spa, Sun Deck, Valet Parking
  • Pet Rules: Call

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 4293-008-092
  • Lot Size Area: 67408

Multi Family

  • Number Of Units: 88

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2023 05/04/23 Rented $15,000 -3.2% --
12/21/2022 12/21/22 For Rent $15,500 +41.0% --
12/10/2020 12/10/20 Rented $10,995 0.0% --
12/03/2020 12/03/20 Under Contract -- -- --
10/30/2020 10/30/20 For Rent $10,995 -8.4% --
05/22/2017 05/22/17 Rented $12,000 -4.0% --
05/19/2017 05/19/17 Off Market $12,500 -- --
03/10/2017 03/10/17 Price Changed $12,500 -13.8% $4 / Sq Ft
02/15/2017 02/15/17 For Rent $14,500 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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 $11,680 $970,332 $519,822 $450,510
2024 $11,680 $951,307 $509,630 $441,677
2023 $11,491 $932,655 $499,638 $433,017
2022 $11,338 $914,369 $489,842 $424,527
2021 $11,034 $896,441 $480,238 $416,203
2019 $10,841 $869,854 $465,995 $403,859
2018 $10,215 $852,799 $456,858 $395,941
2016 $9,809 $819,685 $439,118 $380,567
2015 $9,681 $807,374 $432,523 $374,851
2014 $9,546 $791,560 $424,051 $367,509
Source: Public Records

Agents Affiliated with this Home

  • A

    Landlord's Agent in 2023

    Ashley Durbin Hicks

    The Agency

    (310) 415-3619

    1 in this area

    12 Total Sales

    Ashley Durbin Hicks
    Section Image
  • Chris Hicks

    Landlord's Co-Listing Agent in 2023

    Chris Hicks

    The Agency

    (310) 564-7030

    15 in this area

    40 Total Sales

    Chris Hicks
    Section Image
  • Jane Dorian

    Tenant's Agent in 2023

    Jane Dorian

    Carolwood Estates

    (310) 922-6464

    26 Total Sales

    Jane Dorian
    Section Image
  • John Hathorn

    Buyer's Agent in 2020

    John Hathorn

    Compass

    (310) 924-4014

    26 in this area

    51 Total Sales

    John Hathorn
    Section Image
  • Morgan Hathorn

    Buyer Co-Listing Agent in 2020

    Morgan Hathorn

    Compass

    (310) 924-5980

    5 in this area

    26 Total Sales

    Morgan Hathorn
    Section Image
  • Paula Ross Jones

    Buyer's Agent in 2017

    Paula Ross Jones

    Sotheby's International Realty

    (310) 880-9750

    1 in this area

    16 Total Sales

    Paula Ross Jones
    Section Image
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About Park Plaza Condominiums

Map

Source: The MLS

MLS Number: 22-226847

The MLS

APN: 4293-008-092

California Los Angeles County Santa Monica 90402 North of Montana

515 Ocean Ave Unit SPHB, Santa Monica, CA

This home is located at 515 Ocean Ave Unit SPHB, Santa Monica, CA 90402 since 21 December 2022 and is currently priced at $2,975,781. This property was built in 1976. 515 Ocean Ave Unit SPHB is a home located in Los Angeles County with nearby schools including Roosevelt Elementary School, Lincoln Middle School, and Santa Monica High School.

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 © 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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