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    Ocean Avenue Apartments For Sale Title is generated by Realmo AI

    901 Ocean Avenue, Santa Monica, CA 90403

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    For Sale
    $27,500,000

    Coastal bluff apartment building with ocean views in Santa Monica.

    Type:Multifamily
    Property size:
    30,954 SF
    Lot size:
    0.34 Acres
    Price / SF:
    $888/SF
    Added:
    Mar 25, 2026
    Days on Market:
    49
    Last Refresh:
    Mar 18 at 9:34 am

    Property Features for 901 Ocean Avenue

    General Information

    Standard status
    Active
    Size
    30,954 SF
    Lot size
    0.34 Acres
    Property subtype
    Multifamily

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    Listing Contact
    Priscilla Nee

    Listing agent Priscilla Nee License #01435254

    Listing office

    Listing date Mar 25, 2026

    Source Cbre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Priscilla Nee

    HighLights

    • Unobstructed Pacific Ocean and Santa Monica Mountain views from most units, especially west‑facing residences.
    • Rare coastal bluff asset on a tightly held stretch of Ocean Avenue in Santa Monica, offering enduring scarcity.
    • Spacious units relative to newer coastal properties, allowing for interior enhancement and higher finish levels.
    • Strong in‑place rents with approximately ±20 percent upside potential.
    • Expansive ±15,011 square foot double lot with ±30,954 square feet of improvements.
    • Rooftop ocean‑view deck, pool, common gathering areas, elevator service, and gated garage parking (33 spaces) enhance tenant appeal.

    Overview

    Located on Ocean Avenue in Santa Monica, the Ocean Santa Monica Apartments offer a coastal bluff asset with views of the Pacific Ocean and Santa Monica Mountains. Positioned between Montana Avenue and Wilshire Boulevard, the property benefits from its location along a tightly held stretch of Ocean Avenue. Constructed in 1961 and 1970 and renovated in 2015, 2021, and 2022, the 28-unit property features 18 one-bedroom/one-bathroom units and 10 two-bedroom/two-bathroom units. The building size is approximately 30,954 square feet on a 15,011 square foot double lot. Most units offer ocean views and include more than one private balcony. The building has updated electrical systems and copper plumbing. Common area laundry rooms are located on each floor. One unit is equipped with in-unit laundry, and a future owner may consider a coordinated upgrade program incorporating in-unit washer and dryer installations alongside further interior refinements. The property is supported by controlled access entry, gated garage parking with 33 spaces, a rooftop ocean-view deck, pool and common gathering areas, elevator service, and a glass-enclosed entry sitting room. The property has 100 feet of Ocean Avenue frontage and immediate beach access. It is steps from Palisades Park and walking distance to Santa Monica State Beach, Jonathan Club, and Annenberg Community Beach House.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Santa Monica
    County
    Los Angeles
    State
    California
    Longitude
    -118.513005
    Latitude
    34.025896

    FAQs

    What type of property is this?
    Apartment building - Coastal bluff apartment building with ocean views in Santa Monica.
    Where is this apartment building located?
    The property is located at 901 Ocean Avenue Santa Monica, CA.
    What is the asking price?
    The asking price for this property is $27,500,000.
    What are key features of this property?
    This property features: Unobstructed Pacific Ocean and Santa Monica Mountain views from most units, especially west‑facing residences.; Rare coastal bluff asset on a tightly held stretch of Ocean Avenue in Santa Monica, offering enduring scarcity.; Spacious units relative to newer coastal properties, allowing for interior enhancement and higher finish levels.
    More about this property
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