NOT LISTED FOR SALE

Estimated Value: $1,906,677 - $3,287,000

2 Beds
3 Baths
1,389 Sq Ft
0.96 Acres

Highlights

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

About This Home

As of August 2024

Amazing queen's necklace and white water views greet you when you enter the penthouse unit high above Ocean Avenue / North of Montana in one of the most elegant and prestigious full-service buildings in Santa Monica. This beautiful, front-corner penthouse overlooking the Pacific Ocean and Palisades Park is the perfect place to call home. Panoramic ocean views from almost every room! The bright and open living room, with fireplace, and primary bedroom have fabulous views. Living room and primary bedroom have direct access to a large ocean view balcony. Chefs kitchen, laundry room, second bedroom and two additional bathrooms complete the layout. Features include marble baths, high ceilings, large closets, double sinks, separate tub and shower, and a storage room. Roof-top pool with entertaining area with sweeping views of the ocean, city & park. The community features a gym, banquet room with kitchen & bar, security, concierge service, storage and side by side parking. The gorgeous well appointed lobby reflects the high quality and elegance of the entire building. Premier restaurants and shopping are all within a short distance.

Last Agent to Rent the Property

Carolyn LoBuglio

Coldwell Banker Realty License #01925815 Listed on: 03/15/2024

Coldwell Banker Realty

Last Renter's Agent

Carolyn LoBuglio

Coldwell Banker Realty License #01925815 Listed on: 03/15/2024

Coldwell Banker Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,723

Year Built

  • Built in 1993

Lot Details

  • Ocean Front
  • West Facing Home
  • Gated Home
  • Bluff on Lot
  • Landscaped
  • Corners Of The Lot Have Been Marked

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Side by Side Parking
  • Garage Door Opener
  • Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Controlled Entrance

Property Views

  • White Water Ocean
  • Coastline
  • Catalina
  • Panoramic
  • City Lights
  • Hills

Home Design

  • Penthouse
  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,389 Sq Ft Home
  • Awning
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Country Kitchen
  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dressing Area
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Closed Circuit Camera

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • 220 Volts

Additional Features

  • Balcony
  • Unit is on the top floor

Listing and Financial Details

  • Security Deposit $17,998
  • Tenant pays for move out fee, move in fee, insurance, cable TV, water, gas
  • Rent includes association dues, trash collection
  • Negotiable Lease Term
  • Assessor Parcel Number 4293-014-202

Community Details

Amenities

  • Concierge
  • Doorman
  • Rooftop Deck
  • Sundeck
  • Clubhouse
  • Banquet Facilities
  • Meeting Room
  • Recreation Room
  • Service Elevator
  • Lobby
  • Reception Area
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • 24-Hour Security
  • Card or Code Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$17,723

Year Built

Built in 1993

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Includes: Association Dues, Trash Collection
  • Security Deposit: 17998
  • Tenant Pays: Move Out Fee, Move In Fee, Insurance, Cable TV, Water, Gas
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Single Family Or Apt: Condo/Apt
  • Levels: Top Level
  • Street Number Display: Yes
  • Advertising Remarks: Amazing Queen's Necklace and White Water views greet you when you enter this unit high above Ocean Avenue, North of Montana, in one of the most elegant and prestigious FULL SERVICE buildings in Santa Monica. This beautiful, front-corner penthouse overlooking the Pacific Ocean and Palisades Park, is the perfect place to call home. Panoramic ocean views from almost every room! The bright and open living room, primary bedroom and bathroom have fabulous ocean views. Living Room and primary bedroom have direct access to a large ocean view balcony. Chefs kitchen, laundry room, second bedroom and two additional bathrooms complete the layout. Features include marble baths, high ceilings, large closets, double sinks, separate tub and shower, and a storage room. Roof-top pool w/ entertaining area and sweeping views of the ocean, city and park. Premier restaurants & shopping are easily accessible.
  • Entry Location: Penthouse
  • Lease Terms: Negotiable
  • Living Area: 1389
  • Lot Acreage: 0.9628
  • Monthto Month: No
  • Probate: No
  • Year Built: 1993
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: 220V Throughout, Built-Ins, Turnkey, Storage Space
  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Marble, Carpet
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Bedroom Features: Dressing Area, Master Bedroom, WalkInCloset, Master Suite, Main Floor Bedroom, Main Floor Master Bedroom
  • One Quarter Bathrooms: 0
  • Bathroom Features: Linen Closet, Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Breakfast Area, Breakfast Nook, Country Kitchen, Dining Area, Family Kitchen, In Kitchen, Kitchen Island, Living Room, Separated
  • Kitchen Features: Granite Counters
  • Laundry: Laundry Area, In Kitchen
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dryer, Dishwasher, Washer, Refrigerator, Elevator, Garbage Disposal, Range/Oven
  • Fireplace: Yes
  • Price Per S Q F T: 6.48
  • Windows: Awning

Exterior Features

  • Balcony: Yes
  • Direction Faces: West
  • Other Features: Balcony
  • Exposure: Western
  • Pool Description: Association Pool, In Ground, Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: Ocean, City Lights, Coastline, City, Catalina, Hills, White Water, Panoramic
  • View: Yes
  • Waterfront: Ocean

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance, Built-In Storage, Covered Parking, Door Opener, Driveway Gate, Garage, Garage Is Attached, Gated Underground, Parking for Guests, Parking for Guests - Onsite, Side By Side, Driveway - Concrete
  • Total Parking: 2

Utilities

  • Volt 220: 220V Throughout
  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour, Card/Code Access, Carbon Monoxide Detector(s), Automatic Gate, Exterior Security Lights, Fire and Smoke Detection System, Fire Sprinklers, Gated, Gated Community with Guard, Guarded, Smoke Detector, Community

Association/Amenities

  • Amenities: Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Community, Controlled Access, Conference, Concierge, Clubhouse, Banquet, Assoc Pet Rules, Assoc Maintains Landscape, Gated Parking, Guest Parking, Meeting Room, Pool, Rec Multipurpose Rm, Spa, Sun Deck
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Semi-Annually
  • High Rise: 24-Hour Concierge, 24-Hour Closed Circuit Building, Club Room, Concierge, Controlled Access, Door Person, Entrance Lobby, Passenger Elevator, Private Storage Lockers for Res, Reception Desk, Rooftop Sky Deck, Rooftop Swimming Pool, Rooftop Spa, Service Elevator, Sun Deck

Schools

  • School District: Santa Monica-Malibu Unified School District

Lot Info

  • Horses: No
  • Assessor Parcel Number: 4293-014-202
  • Lot Description: Automatic Gate, Corners Established, Gated Community, Landscaped, Gated with Guard, Exterior Security Lights, Fenced, Lot-Level/Flat, Sidewalks, Street Concrete
  • Lot Location: Bluff Front
  • Lot Size Area: 41940

MLS Schools

  • School District: Santa Monica-Malibu Unified School District

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2000
Sold by
Tochu Sha
Bought by
Tochu Sha Usa Inc
Current Estimated Value
$2,491,919

Purchase Details

Closed on
Jul 1, 1996
Sold by
701 Ocean Avenue
Bought by
Tochu Sha
Source: Public Records

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Tochu Sha Usa Inc -- North American Title Co
Tochu Sha -- First American Title Co
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/14/2024 08/14/24 Rented $9,000 0.0% --
03/15/2024 03/15/24 For Rent $8,999 +2.8% --
03/13/2023 03/13/23 Rented $8,750 0.0% --
02/27/2023 02/27/23 For Rent $8,750 +9.4% --
01/26/2021 01/26/21 Rented $8,000 -4.7% --
12/08/2020 12/08/20 For Rent $8,395 +6.3% --
07/07/2017 07/07/17 Rented $7,900 0.0% --
06/27/2017 06/27/17 Under Contract -- -- --
06/09/2017 06/09/17 Price Changed $7,900 -11.2% $6 / Sq Ft
04/24/2017 04/24/17 For Rent $8,900 0.0% --
09/14/2016 09/14/16 Rented $8,900 0.0% --
08/18/2016 08/18/16 For Rent $8,900 -- --
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 $17,723 $1,506,833 $1,130,132 $376,701
2024 $17,723 $1,477,288 $1,107,973 $369,315
2023 $17,438 $1,448,323 $1,086,249 $362,074
2022 $17,219 $1,419,925 $1,064,950 $354,975
2021 $16,793 $1,392,084 $1,044,069 $348,015
2019 $16,509 $1,350,796 $1,013,102 $337,694
2018 $15,540 $1,324,311 $993,238 $331,073
2016 $14,978 $1,272,888 $954,670 $318,218
2015 $14,783 $1,253,769 $940,330 $313,439
2014 $14,570 $1,229,211 $921,911 $307,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-368587

The MLS

APN: 4293-014-202