701 Ocean Avenue 309
Santa Monica, CA, 90402
(No pictures available yet)
$5,999,000
MLS: 26827633
Beds
3
Baths
3
Sq Ft
3,150
Lot
0.96 ac
Year Built
1993
MLS #
26827633
Days on Market
8
Listed
May 1, 2026
Description
Rarely available and thoughtfully reimagined, this exceptional double-unit residence on iconic Ocean Avenue offers a seamless blend of scale, sophistication, and coastal elegance. Completely renovated, the home showcases wide-plank light wood flooring and an expansive open-concept layout designed for effortless entertaining and refined everyday living. Flooded with natural light, the grand living and dining areas feature gallery-like walls ideal for art collectors, while built-in speakers, art lighting, and recessed lighting throughout enhance both ambiance and functionality. A handsome bar perfectly integrated into the living area features a wine refrigerator and ice maker, creating an ideal setting for entertaining. The remodeled chef's kitchen is appointed with premium Sub-Zero and Wolf appliances, including a double oven. The luxurious primary suite is a true retreat, offering a generous sitting area, dual walk-in closets, and a spa-inspired bath. Both the living area and primary suite open to ample outdoor spaces where ocean views lie behind lush magnolia trees and the palm-lined vistas of Ocean Avenue. Two additional well-appointed secondary bedrooms feature a walk-in closet and custom home office space while abundant built-ins throughout the residence provide exceptional storage. Additional highlights include a private storage room and four parking spaces equipped with an EV charger - an incredibly rare offering for the area. Residents enjoy full-service amenities within this concierge building, including a gym and recreation room with catering kitchen. The newly completed rooftop deck is the crown jewel of this boutique paradise, featuring a pool, spa, fire pits, covered dining areas, BBQs, and sweeping views of the Pacific Ocean and nearby landmarks such as the Santa Monica Pier. Ideally located just moments from shopping, dining, and lifestyle offerings of Montana Avenue, as well as parks and the beach, this is a rare opportunity to own a truly turnkey coastal residence in one of Santa Monica's most coveted settings.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Daniel M. Weiser · The Agency
Payment estimate
$42,960
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $599,900 · Loan: $5,399,100
- Principal & Interest
- $34,161
- Property tax (1.25%)
- $6,249
- Homeowners insurance
- $300
- Mortgage insurance
- $2,250
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 21, 2026
- 30-year fixed
- 6.51%
- 15-year fixed
- 5.85%
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 $209,965 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.
★#1 Producing Individual Realtor — Antelope Valley
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