Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

101 Ocean Avenue F301

Santa Monica, CA, 90402

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$2,499,999

MLS: 26651237

Beds

2

Baths

2

Sq Ft

1,253

Lot

1.96 ac

Year Built

1963

MLS #

26651237

Days on Market

47

Listed

Feb 27, 2026

Description

Experience the pinnacle of modern coastal living in this custom 2-bedroom, 2-bathroom residence at 101 Ocean Ave, one of Santa Monica's most iconic buildings. Framed by ocean views and lush verdant surroundings, floor-to-ceiling windows throughout create a serene, garden-like atmosphere that feels worlds away from the city while remaining steps from the sand. The generously scaled living and kitchen combination is anchored by bespoke built-ins, custom glass cabinetry, and a kitchen featuring marble countertops, wine display, and slab stone island. No unit in the building offers more outdoor entertaining space than this one, combining a front balcony with ocean views, and a sprawling east-side patio complete with built-in seating, making it an exceptional setup for hosting or simply enjoying the coastal air. Hardwood floors carry through both bedrooms, each with private deck access. The building is managed by five-star hospitality professionals, and features a 24-hour front desk and freshly reimagined grounds including pool and spa, multiple curated seating areas, an outdoor kitchen with BBQ and pizza oven, a full fitness center, yoga studio, dog park, organic gardens, and a sky lounge with sweeping Pacific views. Steps from the sand and within easy reach of Giorgio Baldi, Golden Bull, Canyon Square, Montana Avenue, and downtown Santa Monica, this is a rare convergence of privacy, craftsmanship, and location.

Location

Santa Monica, Los Angeles County, CA 90402

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

Payment estimate

$17,666

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $250,000 · Loan: $2,249,999

%
Principal & Interest
$13,824
Property tax (1.25%)
$2,604
Homeowners insurance
$300
Mortgage insurance
$937
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

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 $87,500 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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