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901 Ocean Avenue Santa Monica, CA $ 29,400,000
901 Ocean Avenue
$ 29,400,000
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901 Ocean Avenue

Santa Monica, CA, 90403
$ 29,400,000
Baths1.0 Sq 30,954

Monthly Estimate*

$ 183,418

Listed by Lyon Stahl Investment Real Estate, Inc.
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Studio

Multi-Family Home for sale in Santa Monica, CA

for $29,400,000 with 1 full bath. This 30,954 square foot home was built in 1961 on a lot size of 0.3446.

Ocean Santa Monica Apartments is a pride of ownership asset offering luxurious modern living. This contemporary 28-unit apartment building is positioned to enjoy stunning views of the Santa Monica beaches and sunsets over the Pacific Ocean. Located on Ocean Avenues Golden Mile, in the Wilshire Montana Neighborhood of Santa Monica, this enviable location, just east of Santa Monica Beach is within close proximity to enjoy the best lifestyle amenities that Santa Monica has to offer such as Santa Monica & Malibu beaches, the Santa Monica Pier, Ocean Avenue dining, the 3rd Street Promenade, Montana Avenue shops, and Palisades Park. Unique to 901 Ocean Avenue is the property’s location directly across the street from one of the few beach access paths, and one block south of Montana Avenue and its collection of over 150 shops and cafes. Some residents have picked Ocean Santa Monica based on its coveted location. Built in 1961, and renovated in 2015 and 2021/2022, the Property is comprised of one three-story courtyard style building featuring high-end interior and exterior finishes. The desirable unit mix of (18) one-bedroom units, and (10) two-bedroom, two-bath units. Ocean Santa Monica Apartments provides an investor the opportunity to own a pride of ownership apartment building in a highly coveted Southern California location. The long-term outlook for the West Los Angeles region is positive and is expected to retain its highly desirable reputation establishing the benchmark for the remainder of the region.

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Multi-Family Active

Price

$ 29,400,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.3446

Year Built

1961

Town/City

Santa Monica

County/Region

Los Angeles

MLS | Web ID

SB25151733

Days on Market

164

Features
General
Sewer Public Sewer
Heating Electric
Cooling None
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof Flat
Appliances Dishwasher Electric Range Disposal Refrigerator
Zoning SMR3*
HOA Fee 0
Garage Spaces 33
Pool Features Community Fenced Heated In Ground
Security Features Closed Circuit Camera(s) Security Gate Resident Manager Smoke Detector(s)
Construction Materials Stucco
Year Built 1961
Electric Electricity - On Property
Tenant Pays Electricity Other See Remarks
View Ocean
Levels Three Or More
Property Subtype Apartment
Gross Income 1883472
Waterfront Features Beach Access Ocean Access
Community Features Biking Curbs Fishing Gutter(s) Park Storm Drain(s) Street Lights Sidewalks Pool
County Los Angeles
Net Operating Income 1294227
Operating Expense 5411092
Insurance Expense 24266
New Construction 0
Property Type Residential Income
HOA 0
MaintenanceExpense 14000
Garage Y/N 1
Special Listing Conditions Standard
Status Active
Directions Ocean Avenue South of Montana Avenue and North of California Avenue
City Santa Monica
Disclosures Principal is Real Estate Licensed Rent Control
Entry Location 1
Senior Community Y/N 0
Open Parking Spaces 0
Number Of Units Total 28
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 15011
Carport Spaces 0
Number of Units Leased 25
Listing Terms Cash to New Loan
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 0
Current Financing Conventional
Fuel Expense 0
Property Condition Updated/Remodeled
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 1
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 4292
Property Sub Type Additional Apartment
Taxes 342980
Cap Rate 4.4
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Interior
Interior Amenities Balcony Granite Counters Quartz Counters Recessed Lighting
Flooring Wood
Total Stories 3
Common Walls 2+ Common Walls
Air Conditioning Y/N 0
Heating Y/N 1
Window Features Double Pane Windows Screens
Fireplace Y/N 1
Laundry Features Common Area
Entry Level 1
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Exterior
Exterior Amenities Lighting Fire Pit
Fencing Block Glass
Parking Features Assigned Controlled Entrance Electric Vehicle Charging Station(s)
Lot Features Landscaped
Water Source Public
Total Parking 33
Lot Size Area 15011
Number of Buildings 1
Building Area Total 30954
Lot Size Acres 0.3446
Private Pool 0
Lot Size Source Assessor
Door Features Sliding Doors
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 29
Road Frontage Type City Street
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* Excluded Features
List By
Lyon Stahl Investment Real Estate, Inc.

Broker

Nancy@lyonstahl.com

Email

Affordability Calculator

$183,418
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Monthly Principal & Interest
$183,418
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$29,400,000 Listed Price

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901 Ocean Avenue, Santa Monica, CA, 90403 is a Multi-Family Home for sale at $29,400,000 with 30,954 sqft and a lot size of 0.3446. 901 Ocean Avenue is a studio with 1.0 baths and was built in 1961. The property's zip code is 90403 which is in Santa Monica, CA