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401 Ocean Avenue

401 Ocean Avenue, Santa Monica, CA 90402
1 Units For Sale
Unit for sale at 401 Ocean Ave, SANTA MONICA, CA 90402

$6,999,500 In Contract

  • 3 Beds
  • 4 Baths
  • 3,074 ft²
401 Ocean Ave #4, SANTA MONICA, CA 90402 Listing by Cynthia Ambuehl

401 Ocean Avenue is a condo located in North of Montana, Santa Monica. The building was first built in 1930 and is 94 years old.

Interested in learning more about the building? There are many great amenities and features for residents in the building. If you drive, rest assured! The building has its own garage, which would come in super-handy for parking! There are 2 closings on record. The most recent transaction sold for $8,375,000 on Dec 03, 2021. Fun fact, the oldest transaction we have on record took place on Aug 29, 2019. See the full transaction history for 401 Ocean Avenue below.

North of Montana, where 401 Ocean Avenue is located, has a median asking price of $1,749,998 for condo buildings. For interested buyers, that means the building's median asking price is around 1.00% below the neighborhood's median asking price for condos. Which is great news as a buyer may end up finding some relatively affordable units in this building compared to other condo buildings in the neighborhood.

There is currently one active listing for sale within the building and our inventory of available units for sale is constantly updating in real time. Check back frequently for updates. The asking price for the only active sales listing is $6,999,500. It is a 3,074 sqft 3-bedroom and 4-bathroom unit.

Building Features

Parking

Garage Parking
Detached Garage
Assigned Parking
Gated Parking
Open Parking
Attached Garage

Condition

New Construction

Exterior

Stucco Exterior
Wood Siding

Driveway

Driveway
This property description is generated based on publicly available data.

6 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220303 Unit 4
03/03/2022
4
3 Bed
4 Bath
3074 ft²
$8,750,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3074 ft²
-
-
-
Donald Heller
Compass
20221006 Unit 3
10/06/2022
3
3 Bed
4 Bath
3074 ft²
$6,499,500
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3074 ft²
-
-
-
Donald Heller
Compass
20220303 Unit 3
03/03/2022
3
3 Bed
4 Bath
3074 ft²
$7,250,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3074 ft²
-
-
-
Donald Heller
Compass
20210922 Unit 2
09/22/2021
2
4 Bed
6 Bath
3915 ft²
$8,995,000
bedrooms
4 Bed
bathrooms
6 Bath
square feet
3915 ft²
-
-
-
Donald Heller
Compass
20210621 Unit 1
06/21/2021
1
3 Bed
4 Bath
3010 ft²
$7,750,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3010 ft²
-
-
-
Cynthia Ambuehl
Compass
20210602 Unit 5
06/02/2021
5
3 Bed
4 Bath
3232 ft²
$10,500,000
bedrooms
3 Bed
bathrooms
4 Bath
square feet
3232 ft²
-
-
-
Cynthia Ambuehl
Compass

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1930
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Construction Type: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Total Building Area: 6,823
  • Building Area: 6,823
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 6,823
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.517
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: TR=77180 LOT 1

Ownership

  • Current Owner : BOW ROAD LLC
  • Previous Owner : 401 OCEAN AVENUE LLC
  • Owner Before Previous Owner: 401 OCEAN AVENUE LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Santa Monica-Malibu Unified School District
  • Census Tract: 701304

Zoning

  • Zoning: SMR4*

Geography

  • Subdivision Tract Number: 77180
  • Parcel: 4293-007-050
  • Lot: 1
  • Municipality: WEST /MILLS ACT PCLS
  • Latitude: 34.0257
  • Longitude: -118.512

    Address

  • Full Address: 401 Ocean Ave
  • Address - House Number: 401
  • Address - Street Name: Ocean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Santa Monica
  • Carrier Code: C021
  • 4-Digit Zip Code: 1625
  • Zip Code: 90402

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 08-604

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: MORGAN STANLEY PRIVATE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 31, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $2,887,000
  • Assessed Land Value: $2,165,000
  • Assessed Improvements Value: $722,000

    Sales

  • Current Sale Contract Date: Jan 28, 2022
  • Current Sale Recording Date: Mar 30, 2022
  • Current Sale Transaction ID: 11888282372
  • Current Sale Price: $10,500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 354778
  • Previous Sale Recording Date: Dec 03, 2021
  • Previous Sale Contract Date: Nov 02, 2021
  • Previous Sale Amount: $8,375,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: 401 OCEAN AVENUE LLC
  • Previous Mortgage Transaction Date: Dec 03, 2021
  • Previous Mortgage Loan Amount: $6,923,750
  • Previous Mortgage Loan Type: Seller take-back

About North of Montana



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Nearby Rentals

Unit for rent at 401 15th St, SANTA MONICA, CA, 90402

$7,495 /mo

  • 3 Beds
  • 3 Baths
  • 2,053 ft²
401 15th St, SANTA MONICA, CA, 90402 Listing by Steve Sawai
Unit for rent at 15515 W Sunset Blvd, Pacific Palisades, CA, 90272

$6,500 /mo

  • 2 Beds
  • 2.5 Baths
  • 1,424 ft²
15515 W Sunset Blvd #216, Pacific Palisades, CA, 90272 Listing by Jennifer Shor
Unit for rent at 201 Ocean Ave, Santa Monica, CA, 90402

$6,995 /mo

  • 2 Beds
  • 2 Baths
  • 1,216 ft²
201 Ocean Ave #910P, Santa Monica, CA, 90402 Listing by Kate Bergner(McQueen)

Frequently Asked Questions

What neighborhood is 401 Ocean Avenue located in?
The 401 Ocean Avenue is a condo located in the neighborhood of North of Montana in North of Montana, Santa Monica.
How many listings are currently for sale in 401 Ocean Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 401 Ocean Avenue?
The average sales price for units in 401 Ocean Avenue is $6,999,500 , or $2,277/sqft. currently.

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