701 Ocean Avenue PHE
Santa Monica, CA, 90402 $ 6,495,000
Bedrooms3 Baths3.0 Sq 2,834 Monthly Estimate*
$ 39,991
for $6,495,000 with 3 bedrooms and 3 full baths. This 2,834 square foot condo was built in 1993 on a lot size of 0.9631.
There are views, and then there are views. Penthouse E at 701 Ocean Avenue is a rare double unit corner Penthouse. It delivers what few properties in Los Angeles can, a sweeping panorama that stretches from the white water breaking along the sand at Palisades Park, north to the sweeping vistas of Pacific Palisades and Malibu, and south along one of the most coveted coastlines in the world. A gracious entry foyer sets the tone offering an elegant welcome for guests. Two en suite bedrooms and a dedicated laundry room flank the entry, while an open kitchen and dining room create an effortless flow for hosting. The living room anchored by a fireplace and framed by floor-to-ceiling glass sliders opens to both a front and side balcony, blurring the line between interior elegance and the open sky. Privately situated on the opposite wing, the beyond-spacious primary suite is a sanctuary unto itself. Its private ocean-facing balcony, generous en suite bath, and dual walk-in closets speak to a life lived without compromise. Throughout, all-new hardwood floors, fresh carpet, and crisp interior paint offer the rare option to move in immediately or to reimagine the space into a bespoke showpiece. Four dedicated side by side parking spaces, ample guest parking, and private storage round out the practical luxury. The building has just completed an extensive renovation, including a new roof, plumbing infrastructure, and a resort-caliber amenity rooftop deck featuring a brand-new pool, spa, private cabanas, and BBQ area. All assessments have been paid in full by the seller a meaningful and rare offering at this level. With 24-hour concierge service, on-site management, a well-equipped fitness center, and a full banquet room and kitchen, the building delivers first-class living at every turn. North of Montana, moments from world-class dining, boutique shopping, and the best beaches, this is Santa Monica at its absolute finest.
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FeaturesGeneralLiving Area 2834
Heating Central
Cooling Central Air
Appliances Dishwasher Refrigerator Dryer Washer
Zoning SMR4*
HOA Fee 5217
Architectural Style Contemporary
Pool Features Heated In Ground Association
Security Features 24 Hour Security
Pets Allowed Yes
Year Built 1993
View Bluff Coastline Ocean Panoramic
Stories Count 1
Levels One
Unit Number PHE
Property Subtype Condominium
Assoc Fee Paid Per Monthly
County Los Angeles
New Construction false
Property Type Residential
Association Amenities Fire Pit Meeting/Banquet/Party Room Pool Spa/Hot Tub Security
HOA true
Full Baths 3
Special Listing Conditions Standard
Status Active
Directions Ocean Avenue between Montana Avenue and Palisades Avenue
City Santa Monica
Disclosures Covenants/Restrictions Disclosure Trust/Conservatorship
Senior Community Y/N false
Number Of Units Total 31
MLS Area C14 - Santa Monica
Lot Size Units Square Feet
Lot Size Square Feet 41952
Property Attached Y/N true
Lease Considered Y/N false
Standard Status Active
Property Sub Type Additional Condominium
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InteriorInterior Amenities Walk-In Closet(s)
Flooring Carpet Wood
Furnished Y/N Unfurnished
Fireplace Features Living Room
Total Stories 0
Common Walls 1 Common Wall
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Inside Laundry Room
Total Bedrooms 3
Entry Level 4
Total Baths 3
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ExteriorParking Features Underground Gated Side By Side
Total Parking 4
Lot Size Area 41952
Building Area Total 2834
Lot Size Acres 0.9631
Private Pool false
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* Excluded FeaturesList Byjill.cannella@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $39,991
- Monthly Property Taxes
- --
- Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCondo listings in Santa Monica, CA
Average List Price $1,717,991
Percent of Sale Price 74%
About Santa Monica, CA 92,541 Population
10% Since 2002
$ 89,894 Median Income
42.46 Median Age
16% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/1/2026 | $6,495,000 | | Listed Price |