Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
PendingCondominium

201 Ocean Avenue 906P

Santa Monica, CA, 90402

1 / 39View all 39 photos

$1,995,000

MLS: 25603971

Beds

2

Baths

2

Sq Ft

1,229

Lot

0.89 ac

Year Built

1971

MLS #

25603971

Days on Market

144

Listed

Oct 9, 2025

Description

Incredible Malibu and Queen necklace views await you in this completely turn key 2 bedroom, 2 bathroom unit at Ocean Towers. As you enter the unit, you will be mesmerized by the head on ocean views, but the details in this unit are what make it even more special! No expense was spared in a complete renovation, including beautiful wide plank hard wood floors, Jason Koharik light fixtures, and automated black out shades. The kitchen has all top of the line Gaggenau appliances, a wine fridge and marble countertops throughout. Both bathrooms include Waterworks showers and fixtures, spectacular floor to ceiling marble and radiant heated flooring. Ocean Towers is located in the heart of Santa Monica, and is a full service building, with a 24 hour concierge and tons of amenities, such as a Pool & Spa, Sun Deck, Fitness Center, Library, Clubhouse, Conference Center and Valet Parking. ***Photos were taken when the unit was staged. Owner has since moved back into the unit after being displaced from the Palisades Fire and the unit is no longer staged.***

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Melanie Goldberger · The Agency

Payment estimate

$14,158

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $199,500 · Loan: $1,795,500

%
Principal & Interest
$11,032
Property tax (1.25%)
$2,078
Homeowners insurance
$300
Mortgage insurance
$748
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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 $69,825 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.

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.

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