ActiveCondominium

701 Ocean Avenue 111

Santa Monica, CA, 90402

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$2,795,000

MLS: 26660533

Beds

2

Baths

3

Sq Ft

1,924

Lot

0.96 ac

Year Built

1993

MLS #

26660533

Days on Market

16

Listed

Apr 27, 2026

Description

Stunning, remodeled 2 bedroom 2.5 bathroom plus den in approx.1,924 SF. This light filled property has an elegant, modern aesthetic in an inviting floor plan. Plantation shutters throughout. Primary bedroom has three closets & abundant recessed lighting. Dining area features a custom wall of wood. Tall sliding glass doors lead to three spacious patios, complimented by lush landscaping. Walk-in pantry w/sliding wood barn door. Light, bright open gourmet kitchen w/white stone counters, floating shelves & coffered wood ceiling. Top of the line appliances. Upon entering the building's exquisite lobby, one immediately connects with the high quality taste level evidenced by the elegant amenities including a concierge 24/7, state-of-the-art fitness room, banquet room w/catering kitchen. Spectacular completely renovated rooftop with pool, spa, BBQ, expansive entertaining area w/breathtaking ocean views, estimated completion is mid-March. Two side-by-side parking spaces, one w/an electric charger. Indulge in this rare opportunity to live in the sophisticated 701 Ocean Avenue located minutes from the ocean, stylish boutiques, hotels & fine restaurants. Photographs forthcoming.

Location

Santa Monica, Los Angeles County, CA 90402

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Listed by: Julie Lovett · Coldwell Banker Realty

Payment estimate

$19,928

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $279,500 · Loan: $2,515,500

%
Principal & Interest
$15,669
Property tax (1.25%)
$2,911
Homeowners insurance
$300
Mortgage insurance
$1,048
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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 May 14, 2026

30-year fixed
6.36%
15-year fixed
5.71%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

About the area · Mike Watson

About the Antelope Valley

The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.

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 $97,825 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.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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Listing data provided by the MLS · Presented by Watson & Associates · Keller Williams Realty · mikewatsonrealtor.com
All information deemed reliable but not guaranteed. Contact listing agent to verify.