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Santa Monica Ocean Front Properties - New Listing - The Oceanaire

Oceanaire

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.

Search properties for sale at The Oceanaire in Santa Monica

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Comments

Oh my ... you have got to be kidding  HOA dues are $1,318,000.  I'm afraid I have to take a pass. LOL

Posted by Joan Whitebook Southern New Hampshire (BHG The Masiello Group) over 1 year ago

Joan,  those are low by L.A. luxury condo standards :)

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Holy Jeepers Batman!  1.3 Million?  People here think they're being robbed at $300 a month!

What people will pay to watch water move up and down!

Posted by Liz and Bill Spear RE/MAX Elite Warren County Ohio: Cincinnati to Dayton (513.265.3004 www.LizTour.com) over 1 year ago

1.3 million a year I hope?  Not a month!?

Posted by Coral Gundlach (McEnearney Associates, Arlington Virginia) over 1 year ago

Jane, from what I understand you folks out in California are seeing somewhat of a real estate recovery. I am hoping that it comes this way as we are slow slow slow

Posted by Gerry Michaels GettysburgGerry (Studmuffin Media) over 1 year ago

When I saw the HOA dues, I thought that was what was grossly overpriced. But you said in a comment that figure is low by L,A. standards. OUCH!

Posted by Craig Rutman Raleigh/ Cary/ Apex area Realtor (Helping people in transition) over 1 year ago

Everyone,  it would help if I could type.  It's $1,318 a month.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Jane,

We just figured there was one helluva initiation fee involved to watch the waves!  Everyone that responded is an East Coaster, just figured the West Coasters are nuts.... at least that's what the TV sez!

Posted by Liz and Bill Spear RE/MAX Elite Warren County Ohio: Cincinnati to Dayton (513.265.3004 www.LizTour.com) over 1 year ago

Bill,  LOL.  Please follow me around to ensure I don't make any more of these typos.  Thanks.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Jane:  This is an alternate world and lifestyle to what I live each day!  But ... guiltily ... many of the properties you have been featuring in your blogs amaze me and make me drool!  If you keep posting them ... I'll keep dreaming ...

You've got to be having a wonderful time showing 'em ...

Gene

Posted by Gene Mundt Mortgage Lender Chicagoland Mortgage Lending (815.277.4036 www.genemundt.com) over 1 year ago

Gene,  the activity is not that great in the luxury market right now, unfortunately.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

.... lol

 

It's so funny how different markets are ! :o)

Posted by Sheldon Neal ~ That British Agent ~ Bergen County NJ (Bergen County, NJ - RE/MAX Real Estate Limited) over 1 year ago

You didn't make a typo in your post..........I knew how much the HOA fees are..........duh!  Do I need to call you?  LOL.

Posted by Roger Mucci (Shaken...with a Twist) over 1 year ago

Sheldon,  I imagine everyone thought we HAD gone nuts here.

Roger,  you were the only one :)  But the answer is yes.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Now there's a shocker, I was the only one...............scary!  Don't be shocked when I call some day!

Posted by Roger Mucci (Shaken...with a Twist) over 1 year ago

Roger,  me, shocked!

 

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Is 3 million considered the Luxery market there?  I figured is was the upper range for the middle-of-the-road market...

Guess those guys on Million Dollar Listing make the REAL agents seem like they're dealing in chump change...OK, shutting up now, I know they're not real and they are all so fake (except Madison, he doesn't seem so bad)...

OH BOY, did I get off on a tangent!  I'll come back later when I'm fully awake!  Sorry for rambling!

Posted by Chanda Barrick REALTOR (Indianapolis/Surrounding areas) (Keller Williams Indy Metro West) over 1 year ago

I had to go back and look at the HOA fee a few times, I read it as $1,318 per month, but when I started reading the comments, I had to look a few more times!  So, no, you're not nuts, and your typing is perfect! 

I will be in CA next week for the Tom Ferry Summit in Anaheim.  Are you attending?  My first visit to the left coast, can't wait!

Posted by Kathy Kenney, Realtor Princeton & Central NJ Homes for Sale (Keller Williams, Princeton, NJ) over 1 year ago

Chanda,  I have never seen those shows, so ramble away.  Yes, $3M is the luxury market for sure.

Kathy,  I changed the HOA fee.  It was originally $1,318,000.  Guess I woke a few people up.  No I am not attending Tom Ferry, but I am sure you will find it very valuable.  We are finally having our summer so you should have a good time.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Wow, it must've been early...Coming back, I see I obviously don't know how to spell early in the morning....  :)  Anyway, The HOA fee is almost double my house payment, LOL...Don't think I could afford to live there even if someone gave me the condo...Ah, but one day that won't be a problem.  :)

Posted by Chanda Barrick REALTOR (Indianapolis/Surrounding areas) (Keller Williams Indy Metro West) over 1 year ago

Very nice. I will take 2 please!

Posted by Mark Hall Homes for Sale Vancouver Washington (Elite Realty NW - Keller Williams, Vancouver Washington) over 1 year ago

Chanda,  there you go.  You know who to choose as a realtor :0

Mark,  okey dokey.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago

Wow, Jane...I'm sending you some lucky "AR lead" karma in hopes that you will represent the buyer for this Oceanaire condo! :)

Leilani

Posted by Souza Realty/Roseville-Rocklin-Lincoln-Loomis-Granite Bay-CA over 1 year ago

Leilani, thank you kindly.

Posted by Jane Peters - Los Angeles Real Estate (310-473-6919) (Power Brokers Int'l) over 1 year ago
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