Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

201 Ocean Avenue 1705P

Santa Monica, CA, 90402

1 / 28View all 28 photos

$885,000

MLS: 26637829

Beds

1

Baths

1

Sq Ft

868

Lot

0.89 ac

Year Built

1971

MLS #

26637829

Days on Market

8

Listed

Jan 14, 2026

Description

Welcome to Santa Monica's best oceanfront residence adjacent to the iconic Santa Monica Beach and Palisades Park. This is a mostly original 17th floor quiet, back facing unit with stunning views of the Santa Monica Mountains. Offering not just a home but a lifestyle experience, this unit blends resort-style amenities with urban living. Enjoy beautiful Santa Monica Mountain Views from this 17th floor unit. With exclusive features like a state-of-the-art fitness center with sauna, a pool and spa, 24-hour concierge and security, valet parking, and optional maid service, convenience and luxury are at your fingertips. Situated steps away from Santa Monica's finest dining on Montana Avenue, Third Street Promenade, and Ocean Avenue, culinary adventures await you. The unit itself boasts a spacious open-concept floor plan perfect for entertaining, wood flooring, and balcony. Your kitchen comes fitted with stainless steel appliances and custom cabinetry. Seize this opportunity to live your dream Santa Monica lifestyle at Ocean Towers, a statement of who you are, awaiting your arrival.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Sebastian Wolski · Compass

Payment estimate

$6,448

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $88,500 · Loan: $796,500

%
Principal & Interest
$4,894
Property tax (1.25%)
$922
Homeowners insurance
$300
Mortgage insurance
$332
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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 $30,975 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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