NOT LISTED FOR SALE

757 Ocean Ave, Unit 309 Santa Monica, CA 90402

North of Montana Neighborhood

Estimated Value: $468,000 - $1,101,000

1 Bed
1 Bath
738 Sq Ft
$634/mo HOA Fee

Last Sold September 15, 2020

Last sale price $420,000 $569 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,105/month

147 Days on Market

Highlights

  • 22,362 Sq Ft lot
  • Views
  • 3-minute walk to Palisades Park
  • Roosevelt Elementary School Rated A+

About This Home

As of September 2020

Price improvement! Top floor condominium unit located in prime Santa Monica on the desirable and beautiful Ocean Ave. Great location on the corner of Trendy Montana Ave and Ocean Ave. Tenant occupied with Torca tenant. This unit has LR and dining area with wood floors, one bedroom and one bathroom with separate shower and tub. Gated covered parking. The building has an ocean view lobby and sun deck, heated saltwater pool, courtyard with fountain, elevator, controlled access and 24 hour security cameras. This ocean front building is across from the Palisades Park and Santa Monica Bike Path, plus it is close to shopping, restaurants, entertainment, the beach, 3rd Street Promenade, Montana Ave boutiques and the Santa Monica Pier. An opportunity to own by the beach and have an amazing investment for the future. Agents; please review private remarks.

Last Agent to Sell the Property

Joyce Essex Harvey

Coldwell Banker Realty License #00935813 Listed on: 01/09/2020

Coldwell Banker Realty

Last Buyer's Agent

Jenna Whitehead

Compass Property Mgmt Corp License #01981396

Compass Property Mgmt Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,743

Year Built

  • Built in 1958

Lot Details

  • 0.51

HOA Fees

  • $634 Monthly HOA Fees

Home Design

  • 738 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Covered Space
  • Assigned Parking

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 4293-014-078

Community Details

Overview

  • 51 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,743

Year Built

Built in 1958

Lot Details

0

HOA Fees

$634 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Street Number Display: Yes
  • Complex Name: 757 Ocean Avenue HOA
  • Entry Floor: 3
  • Living Area: 738
  • Planned Urban Dev: 0
  • Unit Floor In Building: 3
  • Year Built: 1958
  • Number Of Photos: 13
  • State Abbrv: CA
  • Special Features: RealEstateOwned
  • Stories: 0

Interior Features

  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 1.00
  • Den: 0
  • Price Per S Q F T: 629.95

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 634.48
  • HOA: Yes

Lot Info

  • Special Zoning: Rent Control
  • Assessor Parcel Number: 4293-014-078
  • Geocode Override: No
  • Lot Size Area: 22362

Multi Family

  • Number Of Units: 51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2020
Sold by
U S Bank Trust Na
Bought by
Bui Lynne A and Lynne A Bui Living Trust
Current Estimated Value
$738,437

Purchase Details

Closed on
Apr 1, 2019
Sold by
Kechechyan Azat
Bought by
U S Bank Trust N A and Lsf10 Master Participation Trust

Purchase Details

Closed on
Oct 21, 2015
Sold by
Htsc Homes Inc
Bought by
Kechechyan Azat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2014
Sold by
Nemazee Mahmoud
Bought by
Htsc Homes Inc

Purchase Details

Closed on
Feb 26, 1996
Sold by
757 Ocean Avenue Santa Monica Property
Bought by
Nemazee Mahmoud

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,900
Interest Rate
7.82%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Bui Lynne A $420,000 Chicago Title Company
U S Bank Trust N A $685,007 Accommodation
Kechechyan Azat $660,000 Provident Title Company
Htsc Homes Inc $378,400 None Available
Nemazee Mahmoud -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lynne A Bui Living Trust $525,000
Closed Lynne A Bui Living Trust $350,000
Previous Owner Kechechyan Azat $583,000
Previous Owner Nemazee Mahmoud $364,350
Previous Owner Nemazee Mahmoud $200,000
Previous Owner Nemazee Mahmoud $46,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/15/2020 09/15/20 Sold $420,000 -9.7% $569 / Sq Ft
06/05/2020 06/05/20 Pending -- -- --
05/19/2020 05/19/20 Price Changed $464,900 -5.1% $630 / Sq Ft
04/21/2020 04/21/20 Price Changed $489,900 -4.9% $664 / Sq Ft
03/23/2020 03/23/20 Price Changed $514,900 -4.6% $698 / Sq Ft
02/28/2020 02/28/20 Price Changed $539,900 -3.6% $732 / Sq Ft
01/31/2020 01/31/20 Price Changed $559,900 -5.1% $759 / Sq Ft
01/10/2020 01/10/20 For Sale $589,900 +40.5% $799 / Sq Ft
01/09/2020 01/09/20 Off Market $420,000 -- --
01/04/2016 01/04/16 Sold $660,000 -4.2% $894 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
07/01/2015 07/01/15 For Sale $689,000 -- $934 / Sq Ft
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 $5,743 $454,618 $181,847 $272,771
2024 $5,743 $445,705 $178,282 $267,423
2023 $5,648 $436,967 $174,787 $262,180
2022 $5,565 $428,400 $171,360 $257,040
2021 $5,409 $420,000 $168,000 $252,000
2020 $10,980 $896,580 $488,580 $408,000
2019 $2,020 $700,395 $560,317 $140,078
2018 $8,258 $686,663 $549,331 $137,332
2016 $7,954 $660,000 $528,000 $132,000
2015 $6,486 $530,389 $407,992 $122,397
2014 $2,467 $182,935 $94,855 $88,080
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Joyce Essex Harvey

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2020

    Jenna Whitehead

    Compass Property Mgmt Corp

    (714) 255-1554

    1 in this area

    15 Total Sales

    Jenna Whitehead
    Section Image

  • L

    Seller's Agent in 2016

    Leslie Young

    e-ListState.com

See All Agents

About This Building

Map

Source: The MLS

MLS Number: 20-542450

The MLS

APN: 4293-014-078

California Los Angeles County Santa Monica 90402 North of Montana

757 Ocean Ave Unit 309, Santa Monica, CA

This home is located at 757 Ocean Ave Unit 309, Santa Monica, CA 90402 since 09 January 2020 and is currently estimated at $738,437, approximately $1,000 per square foot. This property was built in 1958. 757 Ocean Ave Unit 309 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.
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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