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Ocean Avenue Apartments For Sale

901 Ocean Avenue Santa Monica, CA 90403

901 Ocean Avenue, Santa Monica, CA, 90403
$27,500,000
For Sale
$27,500,000

Coastal bluff apartment building with ocean views in Santa Monica.

Property Size30,954 SF
Lot Size0.34 Acres
Price / SF$888.42
Days on Market118

Property Features for 901 Ocean Avenue

General Information

Standard status
Active
Size
30,954 SF
Lot size
0.34 Acres
Property subtype
Multifamily
Listing Agency
Listed by Priscilla Nee · License #01435254
Source Cbre
Added: Mar 25 Updated: Jul 6 at 12:02 pm Checked: Jul 6 at 12:02 pm

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


Investment Insights

Based on property information with market context.

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.

Key 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Nail Salon Dental Office Hair Salon Daycare Center Auto Repair Shop Grocery & Convenience Store Food Market (Bike/Boat/Book/etc) Store Grocery & Convenience Store Auto Parts Store

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

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.
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