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  3. Santa Monica, CA
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  5. Wilshire Ocean Terrace
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Wilshire Ocean Terrace

1118 3rd Street, Santa Monica, CA, 90403

YEAR BUILT

1982

# STORIES

6

# TOTAL UNITS

13

UNIT SIZE RANGE

1,501-1,667 sqft

Description

Wilshire Ocean Terrace is located at 1118 3rd Street in Santa Monica, near the intersection of Ocean Park Blvd and Neilson Way. This high-rise building stands 6 stories tall and offers a stunning view of the Pacific Ocean. Built in 1982, it features a total of 13 condominium units. Unit sizes range from 1,501 to 1,667 square feet. Each unit has 2 bedrooms, providing enough space for families or those needing extra room. The building has seen recent transactions with prices between $2,050,000 and $2,080,000. The average closed price for the past year sits at $1,950,000, translating to about $1,237 per square foot. Amenities enhance the living experience at Wilshire Ocean Terrace. Residents can enjoy a pool, fitness center, and spa/hot tub. The property also has a recreation room, clubhouse, and meeting rooms for gatherings. Outdoor cooking areas add to the enjoyment along with the sidewalks and curbs that promote a pleasant environment. The average time units spend on the market is 89 days. Nearby points of interest include The Penthouse restaurant and local schools like Ahuva Braverman Ph.D. and Train Simple. The building gives residents access to various activities, including water sports and fishing, contributing to a vibrant lifestyle. Overall, Wilshire Ocean Terrace combines residential comfort with recreational opportunities. The combination of spacious units and a host of amenities makes this building a desirable option in Santa Monica. The location offers a nice blend of urban living and beachside enjoyment.

Building ImageMLS ID #24351347
Building ImageMLS ID #24351347
Building Image
Building ImageView Listing

Wilshire Ocean Terrace

1118 3rd Street, Santa Monica, CA, 90403

YEAR BUILT

1982

# STORIES

6

# TOTAL UNITS

13

UNIT SIZE RANGE

1,501-1,667 sqft

Description

Wilshire Ocean Terrace is located at 1118 3rd Street in Santa Monica, near the intersection of Ocean Park Blvd and Neilson Way. This high-rise building stands 6 stories tall and offers a stunning view of the Pacific Ocean. Built in 1982, it features a total of 13 condominium units. Unit sizes range from 1,501 to 1,667 square feet. Each unit has 2 bedrooms, providing enough space for families or those needing extra room. The building has seen recent transactions with prices between $2,050,000 and $2,080,000. The average closed price for the past year sits at $1,950,000, translating to about $1,237 per square foot. Amenities enhance the living experience at Wilshire Ocean Terrace. Residents can enjoy a pool, fitness center, and spa/hot tub. The property also has a recreation room, clubhouse, and meeting rooms for gatherings. Outdoor cooking areas add to the enjoyment along with the sidewalks and curbs that promote a pleasant environment. The average time units spend on the market is 89 days. Nearby points of interest include The Penthouse restaurant and local schools like Ahuva Braverman Ph.D. and Train Simple. The building gives residents access to various activities, including water sports and fishing, contributing to a vibrant lifestyle. Overall, Wilshire Ocean Terrace combines residential comfort with recreational opportunities. The combination of spacious units and a host of amenities makes this building a desirable option in Santa Monica. The location offers a nice blend of urban living and beachside enjoyment.

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Description

Wilshire Ocean Terrace is located at 1118 3rd Street in Santa Monica, near the intersection of Ocean Park Blvd and Neilson Way. This high-rise building stands 6 stories tall and offers a stunning view of the Pacific Ocean. Built in 1982, it features a total of 13 condominium units. Unit sizes range from 1,501 to 1,667 square feet. Each unit has 2 bedrooms, providing enough space for families or those needing extra room. The building has seen recent transactions with prices between $2,050,000 and $2,080,000. The average closed price for the past year sits at $1,950,000, translating to about $1,237 per square foot. Amenities enhance the living experience at Wilshire Ocean Terrace. Residents can enjoy a pool, fitness center, and spa/hot tub. The property also has a recreation room, clubhouse, and meeting rooms for gatherings. Outdoor cooking areas add to the enjoyment along with the sidewalks and curbs that promote a pleasant environment. The average time units spend on the market is 89 days. Nearby points of interest include The Penthouse restaurant and local schools like Ahuva Braverman Ph.D. and Train Simple. The building gives residents access to various activities, including water sports and fishing, contributing to a vibrant lifestyle. Overall, Wilshire Ocean Terrace combines residential comfort with recreational opportunities. The combination of spacious units and a host of amenities makes this building a desirable option in Santa Monica. The location offers a nice blend of urban living and beachside enjoyment.

Wilshire Ocean Terrace Key Stats Last 12 months

Avg. Listed Price-
Avg. Sale Price$1,950,000($1237/Sqft.)
Year over year list price0.00%
Year over year sale priceUp Arrow 3.08%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market89 days
Average HOA fees per sqft$2 /monthly
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Key Stats

Year over year list price0.00%
Year over year sale priceUp Arrow3.08%
Total Listings0 Listed
Total sold1 Sold
Average Days on Market89 days
Average HOA fees per sqft$2 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

-
High availability buildings list units frequently.

Unit Availability helps to understand how often units in a particular building are listed for sale as compared with the neighborhood average. Units are rarely listed in buildings with low availability.

Unit Demand

-
Units in high-demand buildings sell quicker.

Unit Demand is a measure of quickly units in a particular building sell as compared with other buildings in the neighborhood. Units in high-demand buildings sell more quickly.

For Sale 0 For Sale

Wilshire Ocean Terrace Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit 503503158522742019-02-22
MLS#: 18413722 		Closed$2,050,000
Unit 604604166722622018-09-12
MLS#: 18362298 		Closed$2,080,000
Unit 306306157722912018-06-06
MLS#: 18320740 		Closed$1,975,000
Unit 306
306

2 Beds

2 Baths

1577 sqft

DateStatusPrice
2018-06-06Closed$1,975,000
MLS#: 18320740
Days On Market91
Unit 503
503

2 Beds

2 Baths

1585 sqft

DateStatusPrice
2019-02-22Closed$2,050,000
MLS#: 18413722
Days On Market74
Unit 604
604

2 Beds

2 Baths

1667 sqft

DateStatusPrice
2018-09-12Closed$2,080,000
MLS#: 18362298
Days On Market62
View Complete Unit Listing HistorySource By: CRMLS

Amenities

Living here means taking advantage of fantastic amenities designed to enhance your lifestyle. From relaxing in the pool or spa to enjoying a good workout in the fitness center, there’s something for everyone at Wilshire Ocean Terrace. The property also features a recreation room for fun gatherings, a clubhouse, and even an outdoor cooking area for those delightful summer barbecues. Additionally, you’ll find the essential comforts of cable TV and hot water, alongside the convenience of nearby sidewalks and street lighting.

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Amenities Description

Living here means taking advantage of fantastic amenities designed to enhance your lifestyle. From relaxing in the pool or spa to enjoying a good workout in the fitness center, there’s something for everyone at Wilshire Ocean Terrace. The property also features a recreation room for fun gatherings, a clubhouse, and even an outdoor cooking area for those delightful summer barbecues. Additionally, you’ll find the essential comforts of cable TV and hot water, alongside the convenience of nearby sidewalks and street lighting.

Parking
Parking
Locker
Locker
Concierge
Concierge
Elevator(s)
Elevator(s)
Central AC
Central AC
Pool
Pool
Check Icon
Fitness Center
Fitness Center
-
Visitors Parking
Visitors Parking
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Amenities

Pool

Pool

Security

Security

Sauna

Sauna

Clubhouse

Clubhouse

Storage

Storage

Smoke Detector(s)

Smoke Detector(s)

Policies

Wilshire Ocean Terrace is known for having a welcoming and pet-friendly atmosphere, providing a fantastic environment for both residents and their furry friends. The building maintains straightforward policies to ensure a smooth living experience for everyone, where communication is key if you have any queries.

Pet Allowed
Pet Allowed
BBQ Permitted
BBQ Permitted
Sublet Allowed
Sublet Allowed
Short-term Rental Allowed
Short-term Rental Allowed

Compare with Buildings in the Neighbourhood (Last 12 Months)

Compare building's average price/sq. ft. and HOA fees/sq. ft. to buildings nearby

Building NameAvg price per square footAVG HOA FEE per square foot (Monthly)
Wilshire Ocean Terrace$1,237/sqft.$2 /sqft.
1118 3rd St$1,237/sqft.$2 /sqft.
211 California Ave$1,125/sqft.$2 /sqft.
Pergola$1,073/sqft.$2 /sqft.
1040 4th St$1,180/sqft.$2 /sqft.
Dorchester House$1,180/sqft.$2 /sqft.

Nearby Schools

In Wilshire / Montana, Wilshire Ocean Terrace benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

St Monica Catholic Elementary School

--
Private|Grades PK–8
1039 7th St|0.36 miles away

St Monica Catholic High School

--
Private|Grades 9–12
1030 Lincoln Blvd|0.39 miles away

Roosevelt Elementary School

A-
Public|Grades KG–5
801 Montana Ave|0.67 miles away

PS 1 Pluralistic School

--
Private|Grades KG–6
1225 Broadway|0.89 miles away

Lincoln Middle School

A
Public|Grades 6–8
1501 CA Ave|0.94 miles away

Santa Monica High School

A
Public|Grades 9–12
601 Pico Blvd|0.99 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
Next

Description

In Wilshire / Montana, Wilshire Ocean Terrace benefits from nearby schools within easy reach. Educational institutions within 2 miles reduce travel time for families. This convenient access supports balanced daily routines. The location promotes comfortable urban living.

St Monica Catholic Elementary School

--
Private|Grades PK–8
1039 7th St|Less than 1 Mile Away

St Monica Catholic High School

--
Private|Grades 9–12
1030 Lincoln Blvd|Less than 1 Mile Away

Roosevelt Elementary School

A-
Public|Grades KG–5
801 Montana Ave|Less than 1 Mile Away

PS 1 Pluralistic School

--
Private|Grades KG–6
1225 Broadway|Less than 1 Mile Away

Lincoln Middle School

A
Public|Grades 6–8
1501 CA Ave|Less than 1 Mile Away

Santa Monica High School

A
Public|Grades 9–12
601 Pico Blvd|Less than 1 Mile Away

Waldorf Early Childhood Center

--
Private|Grades PK–KG
1441 15th St|1.03 Miles Away

Canyon Charter Elementary

A-
Public|Grades KG–5
421 Entrada Dr|1.11 Miles Away

Pacifica Christian High School

--
Private|Grades 9–12
1730 Wilshire Blvd|1.14 Miles Away

Garden of Angels School

--
Private|Grades PK–1
1009 18th St|1.19 Miles Away

Santa Monica-Malibu Preschool

--
Public|Grades –
1651 16th St|1.26 Miles Away

Lighthouse Church School

--
Private|Grades KG–12
1220 20th St|1.30 Miles Away

Santa Monica Montessori

--
Private|Grades KG–6
1909 Colorado Ave|1.38 Miles Away

Santa Monica Alternative (K-8)

--
Public|Grades KG–8
2525 5th St|1.46 Miles Away

John Muir Elementary School

B
Public|Grades PK–5
2526 6th St|1.47 Miles Away

St Annes School

--
Private|Grades PK–8
2015 Colorado Ave|1.50 Miles Away

Olympic High (Continuation)

--
Public|Grades 9–12
721 Ocean Park Blv...|1.56 Miles Away

McKinley Elementary School

B
Public|Grades KG–5
2401 Santa Monica ...|1.62 Miles Away

Franklin Elementary School

A
Public|Grades PK–5
2400 Montana Ave|1.67 Miles Away

Will Rogers Learning Community

B-
Public|Grades KG–5
2401 14th St|1.74 Miles Away

John Adams Middle School

B+
Public|Grades 6–8
2425 16th St|1.82 Miles Away

Transit

Set in Wilshire / Montana, Wilshire Ocean Terrace provides residents with convenient access to public transit across Santa Monica. Multiple Bus, Tram are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

14TH NB & ARIZONA FS

0.88 miles away|17 min walk

14TH NB & BROADWAY FS

0.97 miles away|19 min walk

14TH NB & CALIFORNIA FS

0.87 miles away|17 min walk

14TH NB & IDAHO NS

0.91 miles away|18 min walk

14TH NB & MONTANA NS

0.96 miles away|19 min walk

14TH NB & SANTA MONICA FS

0.92 miles away|18 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

Set in Wilshire / Montana, Wilshire Ocean Terrace provides residents with convenient access to public transit across Santa Monica. Multiple Bus, Tram are available within 2 miles, offering seamless daily travel options. Efficient transit connections support work, education, and lifestyle needs. This transit-rich area contributes to a balanced and connected living experience.

14TH NB & ARIZONA FS

0.88 miles away|17 min walk

14TH NB & BROADWAY FS

0.97 miles away|19 min walk

14TH NB & CALIFORNIA FS

0.87 miles away|17 min walk

14TH NB & IDAHO NS

0.91 miles away|18 min walk

14TH NB & MONTANA NS

0.96 miles away|19 min walk

14TH NB & SANTA MONICA FS

0.92 miles away|18 min walk

14TH NB & WILSHIRE FS

0.87 miles away|17 min walk

14TH SB & BROADWAY NS

0.97 miles away|19 min walk

14TH SB & MICHIGAN FS

1.23 miles away|24 min walk

14TH SB & PICO FS

1.44 miles away|28 min walk

17TH NB & PEARL NS

1.8 miles away|35 min walk

17TH SB & COLORADO FS (17th St/SMC Station)

1.25 miles away|24 min walk

17TH SB & PEARL FS

1.8 miles away|35 min walk

17th Street / SMC Station

1.19 miles away|23 min walk

17th Street / SMC Station - East Ramp

1.23 miles away|24 min walk

17th Street / SMC Station - West Ramp

1.15 miles away|22 min walk

20TH NB & DELAWARE NS

1.65 miles away|32 min walk

20TH NB & OLYMPIC FS

1.5 miles away|29 min walk

20TH NB & OLYMPIC NS

1.52 miles away|30 min walk

20TH NB & PEARL FS

1.9 miles away|37 min walk

20TH NB & PICO FS

1.78 miles away|35 min walk

20TH SB & ARIZONA NS

1.32 miles away|26 min walk

20TH SB & CALIFORNIA NS

1.31 miles away|26 min walk

20TH SB & DELAWARE FS

1.65 miles away|32 min walk

20TH SB & IDAHO FS

1.34 miles away|26 min walk

20TH SB & OLYMPIC FS

1.53 miles away|30 min walk

20TH SB & PEARL NS

1.9 miles away|37 min walk

20TH SB & PICO FS

1.79 miles away|35 min walk

20TH SB & SANTA MONICA FS

1.36 miles away|26 min walk

20TH SB & WASHINGTON NS

1.32 miles away|26 min walk

20TH SB & WILSHIRE FS

1.31 miles away|26 min walk

26TH NB & BALTIC NS

1.9 miles away|37 min walk

26TH NB & CARLYLE NS

1.97 miles away|38 min walk

26TH NB & COLORADO FS

1.86 miles away|36 min walk

26TH NB & MONTANA FS

1.83 miles away|36 min walk

26TH NB & SANTA MONICA FS

1.8 miles away|35 min walk

26TH NB & WASHINGTON (SM) NS

1.78 miles away|35 min walk

26TH NB & WILSHIRE FS

1.77 miles away|34 min walk

26TH SB & CARLYLE FS

1.96 miles away|38 min walk

26TH SB & MARGUERITA FS

1.9 miles away|37 min walk

26TH SB & MONTANA FS

1.82 miles away|35 min walk

26TH SB & SANTA MONICA FS

1.8 miles away|35 min walk

26TH SB & WASHINGTON (SM) FS

1.77 miles away|34 min walk

26TH SB & WILSHIRE FS

1.77 miles away|34 min walk

26th Street / Bergamot Station

1.91 miles away|37 min walk

26th Street / Bergamot Station - East Stairs

1.94 miles away|38 min walk

26th Street / Bergamot Station - Northwest Ramp

1.87 miles away|36 min walk

26th Street / Bergamot Station - Southwest Ramp

1.86 miles away|36 min walk

2nd / Broadway

0.5 miles away|10 min walk

2ND NB & BROADWAY NS

0.48 miles away|10 min walk

The Neighbourhood: Wilshire / Montana

Wilshire / Montana is a Los Angeles neighborhood known for its tree-lined streets. The area features independent shops, cafes, and farmers markets. It offers parks and landscaped walking paths. The district includes public schools and community health clinics. The area offers grocery stores, specialty shops, and casual restaurants within walking distance. Frequent bus lines run along main roads and provide direct links to downtown and nearby beaches. Drivers use major boulevards for quicker access across the city. This district stays active during the day and feels calm in the evenings.

Next

Neighbourhood Description

Wilshire / Montana is a Los Angeles neighborhood known for its tree-lined streets. The area features independent shops, cafes, and farmers markets. It offers parks and landscaped walking paths. The district includes public schools and community health clinics. The area offers grocery stores, specialty shops, and casual restaurants within walking distance. Frequent bus lines run along main roads and provide direct links to downtown and nearby beaches. Drivers use major boulevards for quicker access across the city. This district stays active during the day and feels calm in the evenings.

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Wilshire Ocean Terrace Demographics

Age Demographics

0–14 Years

9.45%

15–29 Years

15.63%

30–44 Years

30.37%

45–59 Years

19.87%

60+ Years

24.68%

Commute

3.65%

Transit

5.82%

Walk

59.32%

Drive

4.94%

Bike

Housing Ownership

16.34%

Owner Occupied

83.66%

Rental Units

Household Types

Single Family
12.34%
Multi Family
1.22%
Single Person
54.79%
Multi Person
45.21%

Average Income

Household:$10,919,085.43 /yr

Individual:$8,822,787.03 /yr

Education

Bachelors Degree40.36%
High School College6.4%
Diploma4.91%
Post Graduate32.34%
Others15.99%
Next

Education

Diploma4.91%
Post Graduate32.34%
Others15.99%
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    Wilshire Ocean Terrace
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