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701 Ocean Avenue is one of the finest condo buildings in Santa Monica and all of Los Angeles. A true ocean-view oasis, Unit 301 offers a rare opportunity to live directly across from not only lush Palisades Park, but the Pacific Ocean as well. With 2 beds, 2.5 bathrooms, a bar area, and over 2000 square feet of space to curate, this unit can accommodate a variety of lifestyles and design sensibilities. The space is luxurious yet uncomplicated, with a formal marble entryway, open floorplan, and head on ocean views. The large private patio opens from both the great room and the primary suite. The kitchen is equipped with modern Meile and Bosch appliances and has abundant cabinetry and storage. The primary wing has a marble clad en-suite bath, a walk-in closet, additional closets, and ocean views. The secondary bedroom contains an en-suite bathroom as well. This end unit only has one adjacent neighbor and features extra side windows and a second balcony and sitting area. There are 2 side-by-side parking spots, and ample guest parking, located in a secured subterranean garage. The rooftop is spectacular; recently renovated and upgraded. It features a sparkling pool and spa and multiple dining, cooking, cabanas, and lounge spaces - a perfect place to watch the sunset. Residents enjoy 24-hour concierge service, a fitness center, multi-purpose room with catering kitchen, and on-site management. The unit also includes a dedicated storage closet located downstairs. Just beyond the front door, a short walk away, sits Santa Monica's celebrated Montana Avenue and its restaurants, shops and services. With its exceptional location, ocean views, thoughtful amenities, and spacious layout, Unit 301 offers a distinctive opportunity to experience Santa Monica at its best.
Listing agent: Richard Stearns DRE #01118915 richard.stearns@compass.com, Listing office: Compass
MLS data updated 10/16/2026, 7:23:29 PM PT
Source: CRMLS, MLS #: 26984997
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Sep 14, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$4,395,000Original asking price · Sep 14, 2026ZIP 90402 · Sep 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.