NOT LISTED FOR SALE

Estimated Value: $6,554,615

3 Beds
3 Baths
2,834 Sq Ft
0.96 Acre Lot

Sale Details

Date Sold: May 19, 2026

Last sale price $7,129,000 $2,516 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $46,106 / mo

10 Days on Market

Highlights

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

About This Home

As of May 2026

There are views, and then there are views. Penthouse E at 701 Ocean Avenue is a rare double unit corner Penthouse. It delivers what few properties in Los Angeles can, a sweeping panorama that stretches from the white water breaking along the sand at Palisades Park, north to the sweeping vistas of Pacific Palisades and Malibu, and south along one of the most coveted coastlines in the world. A gracious entry foyer sets the tone offering an elegant welcome for guests. Two en suite bedrooms and a dedicated laundry room flank the entry, while an open kitchen and dining room create an effortless flow for hosting. The living room anchored by a fireplace and framed by floor-to-ceiling glass sliders opens to both a front and side balcony, blurring the line between interior elegance and the open sky. Privately situated on the opposite wing, the beyond-spacious primary suite is a sanctuary unto itself. Its private ocean-facing balcony, generous en suite bath, and dual walk-in closets speak to a life lived without compromise. Throughout, all-new hardwood floors, fresh carpet, and crisp interior paint offer the rare option to move in immediately or to reimagine the space into a bespoke showpiece. Four dedicated side by side parking spaces, ample guest parking, and private storage round out the practical luxury. The building has just completed an extensive renovation, including a new roof, plumbing infrastructure, and a resort-caliber amenity rooftop deck featuring a brand-new pool, spa, private cabanas, and BBQ area. All assessments have been paid in full by the seller a meaningful and rare offering at this level. With 24-hour concierge service, on-site management, a well-equipped fitness center, and a full banquet room and kitchen, the building delivers first-class living at every turn. North of Montana, moments from world-class dining, boutique shopping, and the best beaches, this is Santa Monica at its absolute finest.

Last Agent to Sell the Property

Jill Cannella

Compass License #01955562 Listed on: 05/01/2026

Compass

Co-Listed By

Rae Bertram

Compass License #02160839

Last Buyer's Agent

Jennifer Tisdale

Compass License #02131592

Compass

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1993

Lot Details

  • 0.96

HOA Fees

  • $5,217 Monthly HOA Fees

Property Views

  • White Water Ocean
  • Coastline
  • Panoramic
  • Bluff

Home Design

  • Contemporary Architecture
  • Entry on the 4th floor

Interior Spaces

  • 2,834 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Formal Entry
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Stone
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • Subterranean Parking
  • 4 Covered Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking

Outdoor Features

  • Heated In Ground Pool
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 4293-014-210

Community Details

Overview

  • 31 Units
  • Maintained Community

Amenities

  • Concierge
  • Sundeck
  • Community Fire Pit
  • Community Barbecue Grill
  • Banquet Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • On-Site Manager or Management
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1993

Lot Details

0.96 Acres

HOA Fees

$5,217 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Levels: One
  • Street Number Display: Yes
  • Advertising Remarks: Penthouse E at 701 Ocean Avenue is a rare double-unit corner penthouse offering sweeping ocean views from Palisades Park to Malibu and along the coastline. An elegant foyer leads to two en suite bedrooms, a laundry room, and an open kitchen and dining area designed for easy entertaining. The living room features a fireplace, floor-to-ceiling glass sliders, and two balconies. Privately set apart, the expansive primary suite includes its own ocean-facing balcony, spa-like bath, and dual walk-in closets. New hardwood floors, carpet, and fresh paint allow for immediate move-in or customization. Amenities include four side-by-side parking spaces, guest parking, and private storage. The recently renovated building has a new rooftop deck with pool, spa, cabanas, and BBQ. With 24 hour concierge, fitness center, banquet room and prime SM location, this is coastal luxury living at its best.
  • Complex Name: 701 Ocean Avenue
  • Entry Floor: 4
  • Living Area: 2834
  • Lot Acreage: 0.9631
  • Planned Urban Dev: 0
  • Year Built: 1993
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Primary Bedroom
  • Flooring: Hardwood, Carpet, Stone Tile, Travertine
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Inside, Room
  • Total Bathrooms: 3.00
  • Equipment: Built-Ins, Dishwasher, Dryer, Washer, Refrigerator
  • Price Per S Q F T: 2291.81

Exterior Features

  • Pool Description: Association Pool, Heated, In Ground
  • Pool: Yes
  • View: White Water, Ocean, Coastline, Panoramic, Bluff
  • View: Yes

Garage/Parking

  • Covered Parking: 4
  • Parking Garage: Side By Side, Subterranean, Gated
  • Total Parking: 4

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: 24 Hour

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Banquet, Concierge, Elevator, Extra Storage, Fire Pit, Fitness Center, Gated Community, Gated Parking, Guest Parking, Onsite Property Management, Sun Deck, Spa, Security, Pool
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 5217.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 4293-014-210
  • Lot Size Area: 41952

Multi Family

  • Number Of Units: 31

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
May 21, 2007
Sold by
Alper Arthur J and Alper 2004 Survivors Arthur J
Bought by
Current Estimated Value
$6,554,615

Purchase Details

Closed on
Apr 20, 2004
Sold by
Atlantis Investments Inc
Bought by
Alper Arthur J and Alper 2004 Survivors Arthur J

Purchase Details

Closed on
Mar 1, 1997
Sold by
701 Ocean Ave
Bought by
Dit Fourcade Jean Pierre Houques
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

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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
Alper Arthur J -- Equity Title Company
Dit Fourcade Jean Pierre Houques -- First American Title Co
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
05/19/2026 05/19/26 Sold $7,129,000 +9.8% $2,516 / Sq Ft
05/11/2026 05/11/26 Pending -- -- --
05/01/2026 05/01/26 For Sale $6,495,000 -- $2,292 / 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
2026 $46,612 $3,879,348 $3,299,269 $580,079
2025 $46,612 $3,803,283 $3,234,578 $568,705
2024 $43,736 $3,728,709 $3,171,155 $557,554
2023 $42,541 $3,655,598 $3,108,976 $546,622
2022 $42,049 $3,583,920 $3,048,016 $535,904
2021 $41,505 $3,513,648 $2,988,251 $525,397
2019 $40,819 $3,409,433 $2,899,619 $509,814
2018 $38,419 $3,342,582 $2,842,764 $499,818
2016 $37,092 $3,212,787 $2,732,377 $480,410
2015 $36,616 $3,164,529 $2,691,335 $473,194
2014 $36,060 $3,102,541 $2,638,616 $463,925
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 26827689

The MLS

APN: 4293-014-210

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