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1705 Ocean Avenue, 314, Santa Monica, CA 90401

$2.19M2bd · 3ba · 1,610 sqft
Lot 0 sqft•HOA $1783.54/mo•Condominium•
Active
•21d on market•MLS# 00-26992367

Property Description

Experience the pinnacle of coastal luxury at The Waverly, a premier residential masterpiece in Santa Monica crafted by renowned architects Marmol Radziner and developed by the award-winning Related Company. This sophisticated 2-bedroom home showcases soaring ceilings and walls of glass that frame panoramic views of the city, mountains, and lush greenery of Tongva Park. Inside the expansive open layout, you will find a private balcony alongside a high-end chef's kitchen featuring custom cabinetry, premium quartzite countertops, and elite Thermador appliances. The primary suite serves as a tranquil retreat, complete with walk-in closets and a spa-inspired en-suite bathroom outfitted with dual sinks, a separate shower, and a soaking tub. Life at this prestigious Ocean Avenue address includes access to five-star, full-service concierge support and a 24-hour front desk. Residents benefit from an Equinox-designed fitness center, a resident lounge, a private theatre, a conference room, secure parking, and on-site pet grooming. For entertaining, the building offers a stunning rooftop deck and a signature 5th-floor Sky Bridge lounge complete with an outdoor fireplace, a full kitchen, a BBQ area, and sweeping Pacific Ocean vistas. Set directly across from Tongva Park, the property places you just steps from the beach, Santa Monica Pier, Third Street Promenade, Main Street, and the area's finest dining and shopping. Professionally staged and ready to show.

Features & Amenities

FeeBuilt 2014

Property Details

Land Type
Fee
Year Built
2014
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
City Lights, Ocean, Water
Flooring
Wood
Roof
Composition
City
Santa Monica
Zip Code
90401
County
Los Angeles
Listed byUnknown Office, Louis Perez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,063.72
Principal & Interest
Loan Amount
$1,750,400
Total Interest
$2,232,539
Total Payment Over 30 Years
$3,982,939
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, 314, Santa Monica, CA 90401

Santa Monica · Condominium

$2.19M
Luxury Tier
Beds
2
Baths
3
Sqft
1,610
Lot
0 sqft
Year
2014
$/Sqft
$1359
Pool: No✓
Spa: No✓
View: city✓

Listed 58.0% above the median closed sale of $1,385,000. Price per sqft ($1,359) is a 26% premium to closed comps ($1,082). Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Positioned above the market — commands a premium.

Premium
Subject listed at $2.19M· $1,359/sqft
Total list price
Closed comps
vs closed median $1.39M
+$803K (+58.0%)
Active comps
vs active median $1.15M
+$1.04M (+90.4%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $949
+$410 (+43.3%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
1314 17th StreetSanta Monica1973231,22737,484$998$1.23M7287
2300 Wilshire BlvdSanta Monica2018221,1500$1,239$1.43M1687
1802 20th StreetSanta Monica1991231,1737,510$681$799,0003268
2520 Arizona AvenueSanta Monica1973331,22874,208$936$1.15M3265
1314 17th StreetSanta Monica1973231,20937,484$889$1.07M5965
Total: 5 · Average2.22.81,197.439,171.5$948.6$1.13M42.2
Median1,209$1.15M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
650 Pacific StreetSanta Monica198910/09/2026231,49011,937$1.40M$1.37M$9190.9810694
2677 Centinela AvenueSanta Monica198009/28/2026231,77734,122$950,000$955,000$5371.003492
2431 3rd StreetSanta Monica196409/28/2026221,2657,737$1.40M$1.39M$1,0950.997086
930 California AvenueSanta Monica197410/01/2026231,63615,009$1.70M$1.70M$1,0361.009583
1755 Ocean AvenueSanta Monica201410/01/2026232,1000$4.50M$3.83M$1,8210.8515478
Total: 5 · Average2.02.81,653.617,201.25$1.85M$1.85M$1,081.6—91.8
Median1,636$1.39M$1.39M

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.