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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Jane -- another spectacular property... I can see why people want to stay and not sell!
Joan, thank you. Yes indeed. The turnover on Ocean Ave. is not huge.