701 Ocean Avenue 301
Santa Monica, CA, 90402
$4,395,000
MLS: 26984997
Beds
2
Baths
3
Sq Ft
2,049
Lot
0.96 ac
Year Built
1993
MLS #
26984997
Days on Market
36
Listed
Sep 14, 2026
Description
701 Ocean Avenue is one of the finest condo buildings in Santa Monica and all of Los Angeles. A true ocean-view oasis, Unit 301 offers a rare opportunity to live directly across from not only lush Palisades Park, but the Pacific Ocean as well. With 2 beds, 2.5 bathrooms, a bar area, and over 2000 square feet of space to curate, this unit can accommodate a variety of lifestyles and design sensibilities. The space is luxurious yet uncomplicated, with a formal marble entryway, open floorplan, and head on ocean views. The large private patio opens from both the great room and the primary suite. The kitchen is equipped with modern Meile and Bosch appliances and has abundant cabinetry and storage. The primary wing has a marble clad en-suite bath, a walk-in closet, additional closets, and ocean views. The secondary bedroom contains an en-suite bathroom as well. This end unit only has one adjacent neighbor and features extra side windows and a second balcony and sitting area. There are 2 side-by-side parking spots, and ample guest parking, located in a secured subterranean garage. The rooftop is spectacular; recently renovated and upgraded. It features a sparkling pool and spa and multiple dining, cooking, cabanas, and lounge spaces - a perfect place to watch the sunset. Residents enjoy 24-hour concierge service, a fitness center, multi-purpose room with catering kitchen, and on-site management. The unit also includes a dedicated storage closet located downstairs. Just beyond the front door, a short walk away, sits Santa Monica's celebrated Montana Avenue and its restaurants, shops and services. With its exceptional location, ocean views, thoughtful amenities, and spacious layout, Unit 301 offers a distinctive opportunity to experience Santa Monica at its best.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Richard Stearns · Compass
Listing information is provided courtesy of the Greater Antelope Valley Association of Realtors (GAVAR) and California Regional MLS (CRMLS). Information is deemed reliable but not guaranteed accurate by the MLS or by Mike Watson. All data, including square footage, lot size, room count, permits, and school assignment, should be independently verified. Properties shown may be listed by brokerages other than Keller Williams Realty. Listings are subject to prior sale, change, or withdrawal without notice.
Payment estimate
$36,522
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $439,500 · Loan: $3,955,500
Average 30-yr fixed rate 7.40% as of Oct 15, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $27,387
- Property tax (1.25%)
- $4,578
- Homeowners insurance
- $300
- Mortgage insurance
- $1,648
- HOA dues
- $2,609
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 Oct 15, 2026
- 30-year fixed
- 7.40%
- 15-year fixed
- 6.71%
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 $153,825 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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