ActiveCondominium

801 Ocean Avenue 205

Santa Monica, CA, 90403

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$2,300,000

MLS: 26668259

Beds

2

Baths

3

Sq Ft

1,772

Lot

0.52 ac

Year Built

1977

MLS #

26668259

Days on Market

25

Listed

Mar 22, 2026

Description

Santa Monica's Prime Location N of Wilshire across from the Palisades Park at Ocean at Montana corner, Large 1772 Sq. Ft. Condo 2 big Bedrooms 2 1/2 Bathrooms with 2 Balconies with Ocean Views. Central heating and air-conditioning , gas fireplace, hardwood floors. washer dryer in the unit. Building is classy secure with Heated Pool Jacuzzi Gym & Rec Game room . Manager on weekdays . 2 covered parking spots in the community garage . emotional support pets allowed. Unit has Art Deco upgrades; needs more updating slowly, has a Jacuzzi (Hot Tub) in the Master Bedroom , Sauna in the Master Bathroom .PLEASE come to see experience calm. Walk/ Bike down to the beautiful beach, Santa Monica Pier, Promenade, Montana's chic cafes, restaurants and shops. DO NOT MISS THIS Location to live a better life, also available Option to Lease for 7,500 a month

Location

Santa Monica, Los Angeles County, CA 90403

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Listed by: Veena Sadana · Veena Lana Business Brokers

Payment estimate

$16,277

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $230,000 · Loan: $2,070,000

%
Principal & Interest
$12,718
Property tax (1.25%)
$2,396
Homeowners insurance
$300
Mortgage insurance
$863
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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 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 $80,500 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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