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1705 Ocean Avenue, 209, Santa Monica, CA 90401

$1.59M2bd · 2ba · 1,370 sqft
Lot 40,870 sqft•HOA $1737.3/mo•Condominium•
Active
•128d on market•MLS# 00-26844181

Property Description

***$100,000 Price REDUCTION! - Experience the pinnacle of coastal sophistication at The Waverly, one of Santa Monica's premier full-service luxury residences. Boasting striking architecture by Moore Ruble Yudell and exquisite interior design by the acclaimed firm Marmol Radziner, this refined two-bedroom, two-bathroom, single-level condominium offers an unparalleled blend of modern design, bespoke finishes, and an enviable beachside lifestyle.Positioned for ultimate convenience, Unit #209 sits directly across from the resident elevators, offering effortless "door-to-door" access. Inside, the open-concept floor plan is flooded with natural light, seamlessly uniting the chef's kitchen, dining area, and expansive living spaces. The gourmet kitchen is a chef's dream, meticulously appointed with premium stainless steel Thermador appliances, striking Sea Pearl Quartzite countertops, custom cabinetry, and a breakfast bar. Brand-new, floor-to-ceiling windows and glass doors open to a private, park-facing terrace, a tranquil retreat where you can unwind to serene green views and refreshing Pacific breezes.The spacious primary suite serves as a secluded sanctuary, featuring a generous walk-in closet and an additional wardrobe closet. The spa-inspired primary bathroom is clad in Imperial White Marble and features dual vanities, a deep soaking tub, a separate glass-enclosed shower, and designer finishes. Designed with a desirable split-bedroom layout, the well-appointed secondary bedroom sits on the opposite end of the residence, providing optimal privacy for guests, a home office, or a media room.Premium details elevate the home, including wide-plank European white oak flooring throughout and a new, in-unit Samsung laundry wash tower. Additionally, the unit includes two highly coveted, side-by-side parking spaces located right next to the resident elevators that lead straight up to unit #209. A very large, assigned, secure private storage space is also included with the residence.The Waverly's resort-class amenities include a 24-hour concierge, a state-of-the-art fitness center, a pet spa and wash station, guest parking, and bike storage. The crown jewel is the renowned Skybridge Lounge, featuring fully furnished living and dining areas, a complete chef's kitchen, a fireplace, outdoor barbecues, and an expansive viewing deck with breathtaking ocean and mountain vistas. Ideally located along Ocean Avenue, you are steps from Santa Monica Beach, the historic Pier, Third Street Promenade, Santa Monica Place Mall, Main Street, Abbot Kinney, Venice and the area's finest world-class dining and shopping destinations.

Features & Amenities

FeeBuilt 2014

Property Details

Land Type
Fee
Year Built
2014
Property Type
Residential
Property Subtype
Condominium
Heating
None, See Remarks, Central, Forced Air
Cooling
Central Air, Gas, See Remarks
View
Mountain(s)
Flooring
Tile, Wood
Roof
Stone
City
Santa Monica
Zip Code
90401
County
Los Angeles
Listed byCompass, David Kelmenson

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$8,065.19
Principal & Interest
Loan Amount
$1,276,000
Total Interest
$1,627,468
Total Payment Over 30 Years
$2,903,468
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

1705 Ocean Avenue, 209, Santa Monica, CA 90401

Santa Monica · Condominium

$1.59M
Luxury Tier
Beds
2
Baths
2
Sqft
1,370
Lot
40,870 sqft
Year
2014
$/Sqft
$1164
Pool: No✓
Spa: No✓
View: mountain✓

Listed 51.9% above the median closed sale of $1,050,000. Price per sqft ($1,164) is a 34% premium to closed comps ($867). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $1.59M· $1,164/sqft
Total list price
Closed comps
vs closed median $1.05M
+$545K (+51.9%)
Active comps
vs active median $995K
+$600K (+60.3%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,183
−$19 (−1.6%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
201 Ocean AvenueSanta Monica19711186838,619$916$795,0004580
2300 Wilshire BoulevardSanta Monica20181194440,717$1,112$1.05M1669
917 2nd StreetSanta Monica1972218707,519$1,144$995,00013163
1912 BroadwaySanta Monica20082294215,011$986$929,0006658
1755 Ocean AvenueSanta Monica2014118500$1,759$1.50M3757
Total: 5 · Average1.41.2894.825,466.5$1,183.4$1.05M59
Median870$995,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
1527 Stanford StreetSanta Monica197109/17/2026321,3048,124$939,000$889,000$6820.954873
201 Ocean AvenueSanta Monica197110/02/2026221,21657,750$1.45M$1.40M$1,1510.973464
1127 10th StSanta Monica197109/15/2026221,1240$999,999$1.05M$9341.057263
2677 Centinela AvenueSanta Monica198009/28/2026231,77734,122$950,000$955,000$5371.003463
511 San Vicente BoulevardSanta Monica196909/30/2026221,10814,645$1.18M$1.14M$1,0290.975258
Total: 5 · Average2.22.21,305.828,660.25$1.09M$1.09M$866.6—48
Median1,216$1.05M$1.05M

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.