
701 Ocean Avenue, 309, Santa Monica, CA 90402
701 Ocean Avenue, 309, Santa Monica, CA 90402
Property Description
Set along iconic Ocean Avenue, this exceptional double unit residence has been completely renovated and thoughtfully designed for sophisticated coastal living. The expansive interiors are filled with natural light and feature wide plank light wood floors, generous living and dining areas, and an open layout that feels both elegant and comfortable. Gallery style walls provide an ideal backdrop for art, while built in speakers, art lighting, and recessed lighting create a refined yet inviting atmosphere. A beautifully integrated bar with a wine refrigerator and ice maker sits just off the living area, creating an ideal setting for entertaining. The remodeled chef's kitchen is appointed with premium Sub Zero and Wolf appliances, including a double oven. The spacious primary suite features a comfortable sitting area, two walk in closets, and a luxurious spa inspired bathroom. Both the living area and primary suite open directly to generous outdoor spaces with ocean views framed by mature magnolia trees and the palm lined vistas of Ocean Avenue. Two additional bedrooms offer walk in closets and custom home office areas, while extensive built ins throughout the residence provide exceptional storage. Additional features include a private storage room and four parking spaces with an EV charger, an especially valuable amenity in this coveted location. Residents of the concierge building enjoy a full range of amenities, including a gym and recreation room with a catering kitchen. The newly completed rooftop deck is an impressive extension of the residence, featuring a pool, spa, fire pits, covered dining areas, BBQs, and sweeping views of the Pacific Ocean and Santa Monica Pier. Ideally positioned north of Montana Avenue, the residence is moments from the area's renowned shopping and dining, as well as the beach and nearby parks. This turnkey offering presents an exceptional opportunity to experience the best of Santa Monica coastal living from one of its most desirable addresses.
Features & Amenities
Property Details
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Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Condominium
Listed 90.4% above the median closed sale of $3,089,000. Price per sqft ($1,918) is a 33% premium to closed comps ($1,444). 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 101 California Avenue | Santa Monica | 1964 | 3 | 2 | 2,771 | 18,751 | $3,230 | $8.95M | 30 | 64 |
| 603 Ocean Avenue | Santa Monica | 1996 | 3 | 3 | 2,694 | 26,948 | $1,596 | $4.30M | 11 | 64 |
| 1244 14th Street | Santa Monica | — | 3 | 4 | 2,701 | 0 | $944 | $2.55M | 12 | 57 |
| 1643 12th Street | Santa Monica | 1992 | 3 | 2 | 2,565 | 7,495 | $856 | $2.19M | 79 | 48 |
| 117 Ocean Front Walk | Santa Monica | 1992 | 3 | 4 | 3,525 | 4,808 | $1,417 | $5.00M | 24 | 48 |
| Total: 5 · Average | 3.0 | 3.0 | 2,851.2 | 14,500.5 | $1,608.6 | $4.60M | 31.2 | |||
| Median | 2,701 | $4.30M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 701 Ocean Avenue | Santa Monica | 1993 | 05/19/2026 | 3 | 3 | 2,834 | 41,952 | $6.50M | $7.13M | $2,516 | 1.10 | 17 | 79 |
| 1927 18th Street | Santa Monica | 2019 | 09/28/2026 | 4 | 5 | 2,800 | 7,997 | $2.40M | $2.38M | $852 | 1.00 | 31 | 70 |
| 833 17th Street | Santa Monica | 1992 | 05/15/2026 | 3 | 3 | 2,824 | 15,002 | $2.79M | $2.91M | $1,031 | 1.04 | 41 | 65 |
| 515 Ocean Avenue | Santa Monica | 1976 | 09/28/2026 | 2 | 4 | 3,175 | 67,427 | $6.00M | $5.60M | $1,764 | 0.93 | 39 | 62 |
| 1140 Chelsea Avenue | Santa Monica | 1981 | 10/08/2026 | 3 | 4 | 2,929 | 12,226 | $3.50M | $3.09M | $1,055 | 0.88 | 84 | 55 |
| Total: 5 · Average | 3.0 | 3.8 | 2,912.4 | 28,920.8 | $4.22M | $4.22M | $1,443.6 | — | 42.4 | ||||
| Median | 2,834 | $3.09M | $3.09M | ||||||||||
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.