$1,195,000 Est. $4,250 / mo.*

201 Ocean Avenue Unit 601b Santa Monica , CA 90402

Listing courtesy of Vineendra Jain (CalBRE#01413466), Ingenious Asset Group, Inc..

Description

2 Beds
2 Baths
1,235 Sqft
57,733 Sqft lot
1.33 Acre lot
Status: Active
Property Type: Stock Cooperative
Year Built: 1971
Days on Website: 9
PROBATE Sale, subject to Court Confirmation, and overbidding in Court. Views! Views! Views! This elegant 2-bed 2-bath residence offers spectacular ocean, mountain, and city views from ALL rooms. For sale AFTER 42 years! Open floorplan with floor-to-ceiling and wall-to-wall glass frames, dry bar, designer kitchen, dining area, and a large balcony overlooking the Pacific. This full-service building offers the convenience of a luxury hotel with all the comforts of home with 24/7 valet, security, doormen, pool, spa, and an ocean view fitness center, library, conference & community room. Jewel crown of Santa Monica Ocean Ave. Ocean Towers is a co-op building with an underlying corporate loan. A portion is assessed to each unit based on shares in the corporation. Subject unit has 379 shares. Current total monthly payment is $2,746.01 (= mo. loan payment share of $1,238.53 + monthly HOA maint. fee of $1,507.48). Owner died in the unit of natural causes at the age of 92. Sales in Ocean Towers is subject to approval by the Board based on buyer application & interview. Sold AS IS and WHERE IS. All Cash offers only. Owner occupied only, rentals not allowed at this time. Seller is a Court appointed fiduciary and cannot make any representations as to the condition, history of the subject property. Buyer to conduct their own investigations.

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