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535 Ocean Ave 5B, Santa Monica, CA 90402

Sale Price: $4,999,000
Nov 15, 20241,781 sqft2 beds2 baths
Listed by: Chris Hicks
License #: 01315836
Phone #: 310-388-9082
The Agency
Source:
CRMLS Logo
MLS #: 24463595

Property Description

This stunning, front-facing luxury condominium offers breathtaking white water and park views. Located on the 5th floor of the prestigious Oceanaire building, designed by renowned architect A. Quincy Jones, the residence boasts an open floor plan with walls of glass and floor-to-ceiling sliding doors that open onto an expansive wraparound balcony. No expense was spared in its interior design, featuring European oak flooring, Birdseye maple cabinetry, custom lighting, designer marble-lined bathrooms, and a chef's kitchen with top-of-the-line Gaggenau appliances and exquisite finishes.Residents of the Oceanaire enjoy a range of premium amenities, including an elegant lobby, a fitness facility, a conference room, a tranquil Zen Garden with a fire pit, and 24-hour doorman service. This prime Santa Monica location is conveniently near the Third Street Promenade, dining along Ocean Avenue, the shops of Montana Avenue, and Palisades Park.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$82,368

TurboHome Estimated Value

$5,235,600

$2,940 sqft

High Valuation
$5,497,380
$3087/sqft
Normal Valuation
$5,235,600
$2940/sqft
Low Valuation
$4,973,820
$2793/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$2940/sqft$5,235,600

Neighborhood

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Comparative Value

$3.70M

$4.40M

$4.95M

$5.00M

535 Ocean Ave 2A, Santa Monica, CA 90402

Sale Price: $3,700,000

Selected Comparable

703 14th St, Santa Monica, CA 90402

Sale Price: $4,400,000

Selected Comparable

310 16th St, Santa Monica, CA 90402

Sale Price: $4,400,000

Selected Comparable

324 15th St, Santa Monica, CA 90402

Sale Price: $4,950,000

Selected Comparable

535 Ocean Ave 5B, Santa Monica, CA 90402

List Price: $4,980,000

Subject Property

535 Ocean Ave 5B, Santa Monica, CA 90402

Sale Price: $4,999,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
535 Ocean Ave 5B, Santa Monica, CA 90402

535 Ocean Ave 5B, Santa Monica, CA 90402

List: $4,980,000

Listed: 11/15/2024

Area:1,781 sqft
Price/sqft:$2,796
Beds:2
Baths:2
Year Built:
Lot Size:22,462

Comparable Properties

COMPARABLE
Choose comps
535 Ocean Ave 5B, Santa Monica, CA 90402

535 Ocean Ave 5B, Santa Monica, CA 90402

Sale: $4,999,000

2/19/20250.00 mi

Area:1,781 sqft
Price/sqft:$2,807
Beds:2
Baths:2
Year Built:
Weight:24.7%
535 Ocean Ave 2A, Santa Monica, CA 90402

535 Ocean Ave 2A, Santa Monica, CA 90402

Sale: $3,700,000

2/11/20250.00 mi

Area:1,781 sqft
Price/sqft:$2,077
Beds:3
Baths:2
Year Built:
Weight:20.7%
703 14th St, Santa Monica, CA 90402

703 14th St, Santa Monica, CA 90402

Sale: $4,400,000

5/12/20251.00 mi

Area:1,855 sqft
Price/sqft:$2,372
Beds:3
Baths:2
Year Built:
Weight:18.7%
310 16th St, Santa Monica, CA 90402

310 16th St, Santa Monica, CA 90402

Sale: $4,400,000

4/28/20251.14 mi

Area:1,826 sqft
Price/sqft:$2,410
Beds:3
Baths:2
Year Built:
Weight:18.4%
324 15th St, Santa Monica, CA 90402

324 15th St, Santa Monica, CA 90402

Sale: $4,950,000

7/15/20251.06 mi

Area:2,048 sqft
Price/sqft:$2,417
Beds:3
Baths:2
Year Built:
Weight:17.5%

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