Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

201 Ocean Avenue 1707P

Santa Monica, CA, 90402

1 / 24View all 24 photos

$899,999

MLS: 25631949

Beds

0

Baths

1

Sq Ft

515

Lot

0.89 ac

Year Built

1971

MLS #

25631949

Days on Market

80

Listed

Jan 7, 2026

Description

***RENOVATIONS WILL BE COMPLETED MID APRIL*** Experience resort-style coastal living at Ocean Towers in Santa Monica, where soaring 17th-floor jet-liner views stretch endlessly across the Pacific Ocean and Malibu coastline. From this elevated vantage point, the horizon feels infinite, with unobstructed ocean vistas, dramatic sunsets, and a true above-it-all perspective that only a high floor can deliver.The expansive balcony captures panoramic views where the ocean meets the sky, complemented by steady coastal breezes and a rare sense of openness. Located just north of PCH, the residence offers immediate access to the beach, scenic coastal paths, and the iconic Santa Monica Stairs, seamlessly blending an active lifestyle with refined coastal living. Ocean Towers is a full-service luxury building offering 24/7 valet parking, a staffed front desk, pool, steam room, and meeting facilities. Just moments from world-class dining, high-end shopping, and the Santa Monica Pier, this residence delivers an exceptional blend of elevation, views, and location in one of Santa Monica's most iconic oceanfront communities. The unit is currently being demo'd, presenting a rare opportunity to create a personalized oceanfront residence from a blank canvas, or secure a completed home without managing the construction process. Being offered as: Buy now and do construction yourself, with savings, or $999,999 as a completed 17th floor studio with Buyer option to select finishes.

Location

Santa Monica, Los Angeles County, CA 90402

Open on Google Maps ↗

Listed by: Sebastian Wolski · Compass

Payment estimate

$6,552

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $90,000 · Loan: $809,999

%
Principal & Interest
$4,977
Property tax (1.25%)
$937
Homeowners insurance
$300
Mortgage insurance
$337
Open the full calculator →

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 $31,500 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.

Local Market Stats

See Santa Monica, CA 90402 market trends →

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

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

Free Buyer & Seller Tools

Net Sheet Calculator

Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.

Request access

Property Comparison

Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.

Request access

Drive Time Calculator

Check commute times from this address to work, school, or anywhere else before you commit.

Request access

Buyer Cost Sheet

Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.

Request access