701 Ocean Avenue 309
Santa Monica, CA, 90402
$5,495,000
Original list price: $5,880,000
MLS: 26989031
Beds
3
Baths
3
Sq Ft
3,065
Lot
0.96 ac
Year Built
1993
MLS #
26989031
Days on Market
36
Listed
Sep 17, 2026
Description
Set along iconic Ocean Avenue, this exceptional double unit residence has been completely renovated and thoughtfully designed for sophisticated coastal living. The expansive interiors are filled with natural light and feature wide plank light wood floors, generous living and dining areas, and an open layout that feels both elegant and comfortable. Gallery style walls provide an ideal backdrop for art, while built in speakers, art lighting, and recessed lighting create a refined yet inviting atmosphere. A beautifully integrated bar with a wine refrigerator and ice maker sits just off the living area, 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 spacious primary suite features a comfortable sitting area, two walk in closets, and a luxurious spa inspired bathroom. Both the living area and primary suite open directly to generous outdoor spaces with ocean views framed by mature magnolia trees and the palm lined vistas of Ocean Avenue. Two additional bedrooms offer walk in closets and custom home office areas, while extensive built ins throughout the residence provide exceptional storage. Additional features include a private storage room and four parking spaces with an EV charger, an especially valuable amenity in this coveted location. Residents of the concierge building enjoy a full range of amenities, including a gym and recreation room with a catering kitchen. The newly completed rooftop deck is an impressive extension of the residence, featuring a pool, spa, fire pits, covered dining areas, BBQs, and sweeping views of the Pacific Ocean and Santa Monica Pier. Ideally positioned north of Montana Avenue, the residence is moments from the area's renowned shopping and dining, as well as the beach and nearby parks. This turnkey offering presents an exceptional opportunity to experience the best of Santa Monica coastal living from one of its most desirable addresses.
Location
Santa Monica, Los Angeles County, CA 90402
Open on Google Maps ↗Listed by: Jennifer Winston · 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
$47,275
/ month (est.)
Principal, interest, taxes, and insurance + PMI + HOA. Down payment: $549,500 · Loan: $4,945,500
Average 30-yr fixed rate 7.32% as of Oct 22, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $33,972
- Property tax (1.25%)
- $5,724
- Homeowners insurance
- $300
- Mortgage insurance
- $2,061
- HOA dues
- $5,218
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 22, 2026
- 30-year fixed
- 7.32%
- 15-year fixed
- 6.68%
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 $192,325 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
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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