Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveCondominium

701 Ocean Avenue 110

Santa Monica, CA, 90402

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$2,395,000

MLS: 26644661

Beds

2

Baths

3

Sq Ft

1,624

Lot

0.96 ac

Year Built

1993

MLS #

26644661

Days on Market

8

Listed

Jan 28, 2026

Description

Welcome to coastal living at its finest. This spacious two-bedroom, two-bathroom condo offers approximately 1,624 square feet of thoughtfully designed livable space in one of Santa Monica's most prestigious full-service buildings. Located just moments from the beach, this elegant residence features an open floor plan, hardwood floors, a modern kitchen with premium appliances. The generous primary suite includes a walk-in closet and a spa-inspired en-suite bath. Enjoy resort-style amenities including a stunning rooftop pool and lounge area with expansive ocean views, ideal for relaxing or entertaining.Residents benefit from 24-hour concierge service, controlled access, secure parking, and on-site management. Just moments to world-class dining, shopping, and the beach. A rare opportunity to own in one of Santa Monica's premier buildings.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Magnus Hellberg · Coldwell Banker Realty

Payment estimate

$16,937

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $239,500 · Loan: $2,155,500

%
Principal & Interest
$13,244
Property tax (1.25%)
$2,495
Homeowners insurance
$300
Mortgage insurance
$898
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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 $83,825 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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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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