Los Angeles Living

There is a new Santa Monica ocean front listing at The Oceanaire, 535 Ocean Ave.

This is a 2 bed 2 bath, 1,541 sq. ft. condo for $2,995,000 on the 7th floor.  HOA dues are $1,318.

This would seem to be grossly overpriced so we will watch the progression of this listing closely.

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There is a new Santa Monica Ocean Front property listing at 101 Ocean Ave..

The unit is on the 7th floor and is a 2 bed 1.75 bath, 1,385 sq. ft. unit listed at $1,695,000.  There is also a bonus room that could function as an office.  The HOA dues are $1,188 per month.

Search properties for sale and lease at 101 Ocean Ave. Santa Monica

101 Ocean Avenue in Santa Monica is a luxury ocean front condominium unit.  Turnover in this luxury building is very low, not surprisingly, with its spectacular views. 

Amenities include, concierge, valet, pool, sun deck, spa, fitness room and more.

Only one property has sold in the past year, a 2 bed 2 bath, 1,396 sq. ft. unit for $1,014,000 after 28 days on the market. The sales price was 92% of the list.

There are presently two units on the market, one 2 bed 2.5 bath, 2,902 sq. ft. unit for $2,350,000, 91 days on the market, and one 2 bed 2 bath, 1,396 sq. ft. unit for $1,860,000, 44 days on the market.  

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1033 Ocean Ave. in Santa Monica is one of the best ocean front locations in Santa Monica.  Minutes from 3rd St. Promenade and the new Santa Monica Place mall with trendy restaurants and upscale dining.

There are presently 2 units for sale, both 2 bed 2 bath, 1,396 sq. ft., one  the 4th floor penthouse for $1, 699,000 and one on the 1st floor for $1,350,000.  Both have spectacular ocean views.

There is one unit for lease.  The same size for $5,950.

There have been no sales in the building over the past year.

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Pacific Plaza at 515 Ocean Ave. in Santa Monica is a full service building with some spectacular ocean views. 

Amenities include, 24/7 concierge and valet, pool, sun deck, spa and fitness center.

3 units have sold over the past year for an average price of $1,221,667.  Average days on the market were 143.

There is one 2 bed 2 bath, 1,490 sq. ft. unit on the market now for $1,395,000. Days on the market are 140.

There is a same-sized unit for lease at $5,900.

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701 Ocean Ave is a luxury ocean front property in Santa Monica.  Many of the 32 units have been upgraded and have ocean views.  Amenities include, 24 hour concierge, rooftop pool, spa, exercise room and banquet facilities.

One 2 bed 2.5 bath 2,049 sq. ft. unit sold in the past year for $1,650.00.  Days on the market were 29.

There is presently one 3 bed 2.5 bath, 3,134 sq. ft. unit for sale at $3,340,000.  Days on the market are 120.

There are no units for lease.

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Looking for ocean front property in Santa Monica, The Pacifican at 801 Ocean Ave. is an excellent choice. Amenities include a pool, spa, and exercise room.

Four units sold over the past year with a median price of $1,132,500.  Days on the market for homes sold was 72.  There are presently no units for sale.  There is a 2 bed 2 bath 1,621 sq. ft unit for lease at $5,800.

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The Oceanaire at 535 Ocean Ave. in Santa Monica is one of the exclusive ocean front properties in Santa Monica.  Built in 1963 by architect Quincy Jones, the building was remodeled in 1991.  The units take advantage of the light and the building provides a resort-like atmosphere.

5 units have sold in the past year with an average price of $2,094,200.  Average days on the market for those properties was 72.  There are currently no units in escrow.  Average price sold vs average list price was - 91.21%

There are currently 2 properties for sale.  One is a 2 bed 2.5 bath 1,585 sq. ft. unit for $2,195,000 with homeowners of $1,333 per month. This unit has been totally remodeled.  The other is a 3 bed 2 bath 1,899 sq. ft. unit for $1,899,000 with $1370 homeowners. There is one 2 bed, 2 bath 1,585 sq. ft unit for lease at $10,200.

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