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101 California Avenue, PH, Santa Monica, CA 90403

$8.95M3bd · 2ba · 2,771 sqft
Lot 18,751 sqft•HOA $3845.33/mo•Condominium•
Active
•33d on market•MLS# 00-26935747

Property Description

The elevator doors open and there is no hallway, no shared landing, no neighbor's door across the way. There is only light, and past it, the Pacific. This is the top of 101 California: the sole residence on the roof, a true one-of-one penthouse standing at Ocean Avenue and the California Incline, an intersection so photographed it has become shorthand for the California coast itself. Approximately 3,000 square feet sit above the coastline, three bedrooms and two baths, and every room faces the water. Not most of them. Every one. The residence is composed of distinct rooms rather than one long open plan, and each has been given its own piece of the view, so the ocean finds you wherever you happen to be standing. Morning light comes in clean off the water. By afternoon the sailboats are out past the Pier. At six the western wall turns amber, and after dark the coastline runs north toward Malibu in a thin necklace of light while the basin behind you switches on all at once. But the terrace is what people will remember. Nearly 7,000 square feet of private outdoor space wraps the residence a full 360 degrees, the largest of any penthouse on Ocean Avenue. This is not a balcony. It is an entire floor of open sky, and it is where this home truly entertains, large enough to host at genuine scale on one side and still leave you a quiet corner with coffee and nothing in front of you but horizon on the other. From up here the view does not point, it rotates: Malibu and the open Pacific to the west, the Pier and the long sweep toward Palos Verdes to the south, Century City and the downtown towers to the east, and on the clearest winter mornings, snow on the mountains at the far edge of the basin. Ground level is Santa Monica at its best. Palisades Park runs the length of the block directly across Ocean Avenue, its bluff path leading south toward the Pier. The Fairmont next door. Montana Avenue's boutiques and cafes are a short walk away, and Downtown Santa Monica and the Third Street Promenade are minutes away. The California Incline, at your doorstep, puts you on Pacific Coast Highway and the sand in about a minute, with Malibu straight up the coast from there. A residence of this caliber truly comes along once every decade or two and now is your chance to grab it as it could become a lifetime of waiting to ever find something even half as good.

Features & Amenities

FeeBuilt 1964

Property Details

Land Type
Fee
Year Built
1964
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
Ocean
Flooring
Wood
Roof
Stone
City
Santa Monica
Zip Code
90403
County
Los Angeles
Listed byDouglas Elliman of California, Inc., David Solomon

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$45,256.07
Principal & Interest
Loan Amount
$7,160,000
Total Interest
$9,132,185
Total Payment Over 30 Years
$16,292,185
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

101 California Avenue, PH, Santa Monica, CA 90403

Santa Monica · Condominium

$8.95M
Luxury Tier
Beds
3
Baths
2
Sqft
2,771
Lot
18,751 sqft
Year
1964
$/Sqft
$3230
Pool: Yes✓
View: Ocean✓

Listed 207.3% above the median closed sale of $2,912,000. Price per sqft ($3,230) is a 212% premium to closed comps ($1,034). Closed comps sold at 101% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $8.95M· $3,230/sqft
Total list price
Closed comps
vs closed median $2.91M
+$6.04M (+207.3%)
Active comps
vs active median $2.39M
+$6.56M (+274.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,051
+$2K (+207.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
2512 28th StreetSanta Monica2007442,26618,032$772$1.75M981
1244 14th StreetSanta Monica—342,7010$944$2.55M1273
603 Ocean AvenueSanta Monica1996332,69426,948$1,596$4.30M1169
1643 12th StreetSanta Monica1992322,5657,495$856$2.19M7966
212 Bay StreetSanta Monica2025232,2006,007$1,086$2.39M5865
Total: 5 · Average3.03.22,485.214,620.5$1,050.8$2.64M33.8
Median2,565$2.39M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
833 17th StreetSanta Monica199205/15/2026332,82415,002$2.79M$2.91M$1,0311.044186
2203 Ocean AvenueSanta Monica198905/18/2026332,21612,982$3.00M$3.52M$1,5911.183178
1214 14th StreetSanta Monica199106/26/2026332,2647,480$1.50M$1.45M$6400.9711371
1140 Chelsea AvenueSanta Monica198110/08/2026342,92912,226$3.50M$3.09M$1,0550.888470
1927 18th StreetSanta Monica201909/28/2026452,8007,997$2.40M$2.38M$8521.003170
Total: 5 · Average3.23.62,606.611,137.4$2.67M$2.67M$1,033.8—60
Median2,800$2.91M$2.91M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.