
701 Ocean Avenue, 301, Santa Monica, CA 90402
701 Ocean Avenue, 301, Santa Monica, CA 90402
Property Description
701 Ocean Avenue is one of the finest condo buildings in Santa Monica and all of Los Angeles. A true ocean-view oasis, Unit 301 offers a rare opportunity to live directly across from not only lush Palisades Park, but the Pacific Ocean as well. With 2 beds, 2.5 bathrooms, a bar area, and over 2000 square feet of space to curate, this unit can accommodate a variety of lifestyles and design sensibilities. The space is luxurious yet uncomplicated, with a formal marble entryway, open floorplan, and head on ocean views. The large private patio opens from both the great room and the primary suite. The kitchen is equipped with modern Meile and Bosch appliances and has abundant cabinetry and storage. The primary wing has a marble clad en-suite bath, a walk-in closet, additional closets, and ocean views. The secondary bedroom contains an en-suite bathroom as well. This end unit only has one adjacent neighbor and features extra side windows and a second balcony and sitting area. There are 2 side-by-side parking spots, and ample guest parking, located in a secured subterranean garage. The rooftop is spectacular; recently renovated and upgraded. It features a sparkling pool and spa and multiple dining, cooking, cabanas, and lounge spaces - a perfect place to watch the sunset. Residents enjoy 24-hour concierge service, a fitness center, multi-purpose room with catering kitchen, and on-site management. The unit also includes a dedicated storage closet located downstairs. Just beyond the front door, a short walk away, sits Santa Monica's celebrated Montana Avenue and its restaurants, shops and services. With its exceptional location, ocean views, thoughtful amenities, and spacious layout, Unit 301 offers a distinctive opportunity to experience Santa Monica at its best.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Condominium
Listed 119.8% above the median closed sale of $2,000,000. Price per sqft ($2,145) is a 80% premium to closed comps ($1,191). Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 1705 Ocean Ave | Santa Monica | 2014 | 2 | 2 | 1,439 | 40,870 | $903 | $1.30M | 313 | 73 |
| 1755 Ocean Avenue | Santa Monica | 2014 | 3 | 4 | 2,000 | 37,919 | $1,498 | $3.00M | 186 | 71 |
| 1705 Ocean Avenue | Santa Monica | 2014 | 2 | 2 | 1,660 | 40,866 | $1,656 | $2.75M | 109 | 63 |
| 1705 Ocean Avenue | Santa Monica | 2014 | 1 | 2 | 1,160 | 0 | $927 | $1.07M | 143 | 63 |
| 1755 Ocean Ave | Santa Monica | 2014 | 2 | 2 | 1,470 | 0 | $1,463 | $2.15M | 135 | 62 |
| Total: 5 · Average | 2.0 | 2.4 | 1,545.8 | 39,885 | $1,289.4 | $2.05M | 177.2 | |||
| Median | 1,470 | $2.15M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2677 Centinela Avenue | Santa Monica | 1980 | 09/28/2026 | 2 | 3 | 1,777 | 34,122 | $950,000 | $955,000 | $537 | 1.00 | 34 | 70 |
| 2222 5th Street | Santa Monica | 1990 | 09/11/2026 | 2 | 2 | 1,412 | 11,231 | $1.40M | $1.40M | $988 | 1.00 | 44 | 70 |
| 101 Ocean Avenue | Santa Monica | 1963 | 09/29/2026 | 2 | 2 | 1,253 | 85,245 | $2.00M | $2.00M | $1,596 | 1.00 | 122 | 61 |
| 1755 Ocean Avenue | Santa Monica | 2014 | 10/01/2026 | 2 | 3 | 2,100 | 0 | $4.50M | $3.83M | $1,821 | 0.85 | 154 | 60 |
| 844 17th Street | Santa Monica | 2000 | 10/08/2026 | 2 | 3 | 2,300 | 7,488 | $2.25M | $2.33M | $1,011 | 1.03 | 61 | 59 |
| Total: 5 · Average | 2.0 | 2.6 | 1,768.4 | 34,521.5 | $2.10M | $2.10M | $1,190.6 | — | 83 | ||||
| Median | 1,777 | $2.00M | $2.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.