Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

101 Ocean Avenue F402

Santa Monica, CA, 90402

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$2,350,000

MLS: 26644061

Beds

2

Baths

2

Sq Ft

1,385

Lot

1.96 ac

Year Built

1963

MLS #

26644061

Days on Market

57

Listed

Jan 29, 2026

Description

Wonderful opportunity to live in one of the most conveniently located, most sought after landmark condo buildings in Santa Monica. The building is a bridge to the city of Santa Monica and the Canyon providing easy access to the beach and city. The single-floor unit is accessed by an elevator offering one of the best ocean views in LA. Two bedrooms, two bathrooms, including the luxurious main bedroom suite, plus a fantastic cooks kitchen open to the dining area and living room. The public areas all face and relate to the outdoor patio and the views of the Pacific Ocean. The building offers multiple upscale amenities, including a newly renovated swimmer's pool, spa, outdoor kitchen, and sky lounge for entertaining. Additional features include a yoga studio, state-of-the-art fitness center, organic garden, a grassy dog run and direct beach access. There is 24-hour security, assigned parking, in-unit laundry making it a resort like environment.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Frank Langen · Compass

Payment estimate

$16,624

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $235,000 · Loan: $2,115,000

%
Principal & Interest
$12,995
Property tax (1.25%)
$2,448
Homeowners insurance
$300
Mortgage insurance
$881
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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 $82,250 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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