201 Ocean Avenue 1505B
Santa Monica, CA, 90402
$845,000
MLS: 26639465
Beds
1
Baths
1
Sq Ft
868
Lot
1.33 ac
Year Built
1971
MLS #
26639465
Days on Market
8
Listed
Jan 16, 2026
Description
Exquisitely reimagined, this 1-bedroom, 1-bathroom sanctuary offers serene, sweeping views of both the mountains and the city. Bathed in natural light, the residence showcases stunning hardwood floors, custom cabinetry, recessed lighting, and luxurious high-end finishes throughout. With its spacious layoutthis home provides flexible options, including space for a potential work area. Plus, the private balcony invites you to savor al fresco dining while soaking in the vistas.Storage is thoughtfully integrated into every corner, ensuring both beauty and practicality. Located within Ocean Towers, Santa Monica's premier full-service, amenity-rich building, you'll experience the pinnacle of coastal luxury living. Perched above the iconic 26-acre Palisades Park and overlooking the breathtaking Santa Monica Bay, Ocean Towers delivers unparalleled services, including 24-hour doormen and valet, a sophisticated lobby, a state-of-the-art fitness center, and a stunning ocean-view deck complete with a swimmer's pool, spa, and banquet room.All this, just moments from Santa Monica's vibrant boutiques, world-class dining, charming cafes, pristine beaches, and the scenic bike path. Move right in and begin living your dream coastal lifestyle!
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Nili Hudson · Compass
Payment estimate
$6,170
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $84,500 · Loan: $760,500
- Principal & Interest
- $4,673
- Property tax (1.25%)
- $880
- Homeowners insurance
- $300
- Mortgage insurance
- $317
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 $29,575 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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