Under ContractCondominium

201 Ocean Avenue 903P

Santa Monica, CA, 90402

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$1,195,000

MLS: 26670873

Beds

1

Baths

1

Sq Ft

906

Lot

0.89 ac

Year Built

1971

MLS #

26670873

Days on Market

16

Listed

Mar 28, 2026

Description

WOW DESIGNER PERFECTION! Step into what may be the best one-bedroom residence in the iconic Ocean Towers, perfectly positioned in the coveted "sweet spot" of the building for exceptional views. From your floor-to-ceiling windows and sliding glass door, take in a stunning panorama overlooking the Jonathan Beach Club, Ocean Front Walk, palm-lined Ocean Ave, and the sparkling Pacific beyond, all while enjoying the constant, refreshing ocean breeze.Every inch has been meticulously upgraded with curated, high-end finishes: Apparatus Studio custom lighting, Waterworks faucet, Holly Hunt suede wallcovering in the bedroom, and Holly Hunt silk grasscloth in the living room. Venetian plaster ceilings, leather-wrapped bedroom hardware, and new Lutron light switches add refined detail, while the Washlet Toto toilet and electronic window shades bring modern convenience and smart-home automation throughout.Ocean Towers is widely regarded as the premier doorman building in Santa Monica, offering a true five-star lifestyle with 24-hour concierge and security, valet parking, pool, spa, gym, and more, all just steps from the sand, shops, and Santa Monica's vibrant dining scene. **RARE OPPORTUNITY TO PURCHASE NEIGHBORING UNIT TO CREATE A 2450+ SQ FT UNIT**

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Sebastian Wolski · Compass

Payment estimate

$8,601

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $119,500 · Loan: $1,075,500

%
Principal & Interest
$6,608
Property tax (1.25%)
$1,245
Homeowners insurance
$300
Mortgage insurance
$448
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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 $41,825 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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