Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

101 Ocean Avenue D701

Santa Monica, CA, 90402

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$5,195,000

MLS: 26640725

Beds

1

Baths

2

Sq Ft

1,554

Lot

1.96 ac

Year Built

1963

MLS #

26640725

Days on Market

8

Listed

Jan 23, 2026

Description

Experience boutique oceanfront living in this extraordinary custom residence at 101 Ocean Avenue, one of the West Coast's most exclusive residential addresses. Interiors showcase exceptional Italian craftsmanship, including custom Burmese teak millwork by Italian artisans and imported Italian stone, cabinetry, and finishes that evoke a bespoke European villa -- exceeding even an Aman executive suite in scale and privacy. Open living and dining areas extend through expansive glass doors to a private ocean-facing terrace with unobstructed coastal views, while the chef's kitchen features integrated Gaggenau and Miele appliances. The private suite offers a tranquil retreat with custom storage, a built-in television, and a spa-style bath with teak and limestone finishes, rain shower, and traditional Japanese soaking tub. Over the past three years, the building has undergone a comprehensive, design-forward renovation, elevating every common space, system, and amenity to modern luxury standards, with a focus on timeless materials, hospitality-level finishes, and environments intentionally designed to foster both privacy and community. Managed by five-star hospitality professionals, the building provides exceptional discretion and service, with amenities including a 24-hour front desk with armed security, pool and spa, full gym, yoga studio, dog park, and a premier residents' lounge with 180-degree views of the Pacific Ocean and the Santa Monica Pier. Steps from the beach and moments from Giorgio Baldi, Golden Bull, Canyon Square, Capo, Palisades Park, Montana Avenue, and the best of coastal Santa Monica, this residence represents a rare convergence of privacy, architecture, service, and locationa refined coastal sanctuary for those who value discretion and uncompromising quality.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: David Solomon · Douglas Elliman of California, Inc.

Payment estimate

$36,387

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $519,500 · Loan: $4,675,500

%
Principal & Interest
$28,727
Property tax (1.25%)
$5,411
Homeowners insurance
$300
Mortgage insurance
$1,948
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Santa Monica home with as little as 3.5% down using an FHA loan — roughly $181,825 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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