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  5. 515 Ocean Ave
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515 Ocean Ave

515 Ocean Ave, Santa Monica, CA, 90402

YEAR BUILT

1976

# STORIES

7

# TOTAL UNITS

53

UNIT SIZE RANGE

1,490-3,355 sqft

Description

515 Ocean Ave is a high-rise condominium building in Santa Monica. The building stands 7 stories tall and includes 50 units. Construction finished in 1976. Unit sizes vary from 1,490 to 3,355 square feet. Most units have 2 or 3 bedrooms. This location offers stunning views of the ocean, mountains, and the city. The building is near the intersection of Pico Boulevard and 4th Street. Palisades Park lies directly across the street. Popular spots like the Third Street Promenade and Montana Avenue shops are nearby. Unit prices range from $4,800,000 to $6,550,000. The lowest sold price in the last 12 months was about $2,300,000. The average closed price sits at approximately $2,524,251. The average price per square foot is $1,509. Units spend around 51 days on the market on average. The building offers numerous amenities for a comfortable lifestyle. A fitness center and spa ensure residents stay active and relaxed. A pool and outdoor cooking area provide venues for leisure and social events. The clubhouse, game room, and recreation room enhance the community feel. Additional reliable features include 24-hour concierge service and security for peace of mind. Valet parking is available for guests and residents. Some units include floor-to-ceiling windows, high ceilings, and private balconies to enjoy the views. Living at 515 Ocean Ave connects residents to vibrant Santa Monica life. Enjoy nearby restaurants like Back On The Beach for dining. Santa Monica Surf School and The Early Years School are within reach for educational options. The blend of nature and urban life creates a desirable atmosphere for all.

Building ImageMLS ID #25619651
Building ImageMLS ID #25597915
Building Image
Building ImageView Listing

515 Ocean Ave

515 Ocean Ave, Santa Monica, CA, 90402

YEAR BUILT

1976

# STORIES

7

# TOTAL UNITS

53

UNIT SIZE RANGE

1,490-3,355 sqft

Description

515 Ocean Ave is a high-rise condominium building in Santa Monica. The building stands 7 stories tall and includes 50 units. Construction finished in 1976. Unit sizes vary from 1,490 to 3,355 square feet. Most units have 2 or 3 bedrooms. This location offers stunning views of the ocean, mountains, and the city. The building is near the intersection of Pico Boulevard and 4th Street. Palisades Park lies directly across the street. Popular spots like the Third Street Promenade and Montana Avenue shops are nearby. Unit prices range from $4,800,000 to $6,550,000. The lowest sold price in the last 12 months was about $2,300,000. The average closed price sits at approximately $2,524,251. The average price per square foot is $1,509. Units spend around 51 days on the market on average. The building offers numerous amenities for a comfortable lifestyle. A fitness center and spa ensure residents stay active and relaxed. A pool and outdoor cooking area provide venues for leisure and social events. The clubhouse, game room, and recreation room enhance the community feel. Additional reliable features include 24-hour concierge service and security for peace of mind. Valet parking is available for guests and residents. Some units include floor-to-ceiling windows, high ceilings, and private balconies to enjoy the views. Living at 515 Ocean Ave connects residents to vibrant Santa Monica life. Enjoy nearby restaurants like Back On The Beach for dining. Santa Monica Surf School and The Early Years School are within reach for educational options. The blend of nature and urban life creates a desirable atmosphere for all.

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Description

515 Ocean Ave is a high-rise condominium building in Santa Monica. The building stands 7 stories tall and includes 50 units. Construction finished in 1976. Unit sizes vary from 1,490 to 3,355 square feet. Most units have 2 or 3 bedrooms. This location offers stunning views of the ocean, mountains, and the city. The building is near the intersection of Pico Boulevard and 4th Street. Palisades Park lies directly across the street. Popular spots like the Third Street Promenade and Montana Avenue shops are nearby. Unit prices range from $4,800,000 to $6,550,000. The lowest sold price in the last 12 months was about $2,300,000. The average closed price sits at approximately $2,524,251. The average price per square foot is $1,509. Units spend around 51 days on the market on average. The building offers numerous amenities for a comfortable lifestyle. A fitness center and spa ensure residents stay active and relaxed. A pool and outdoor cooking area provide venues for leisure and social events. The clubhouse, game room, and recreation room enhance the community feel. Additional reliable features include 24-hour concierge service and security for peace of mind. Valet parking is available for guests and residents. Some units include floor-to-ceiling windows, high ceilings, and private balconies to enjoy the views. Living at 515 Ocean Ave connects residents to vibrant Santa Monica life. Enjoy nearby restaurants like Back On The Beach for dining. Santa Monica Surf School and The Early Years School are within reach for educational options. The blend of nature and urban life creates a desirable atmosphere for all.

515 Ocean Ave Key Stats Last 12 months

Avg. Listed Price$3,981,334($1735/Sqft.)

Avg. Sale Price$2,524,251($1509/Sqft.)
Year over year list priceUp Arrow69.49%

Year over year sale priceUp Arrow 20.20%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market51 days

Average HOA fees per sqft$1 /monthly
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Key Stats

Year over year list priceUp Arrow69.49%

Year over year sale priceUp Arrow20.20%
Total Listings3 Listed

Total sold2 Sold
Average Days on Market51 days

Average HOA fees per sqft$1 /monthly

Glen Gardens Estate Availability & Demand

Unit Availability

High
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

Low
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

515 Ocean Ave Inventory & Sale History

UnitSize (sqft)BedsBathsDays On MarketDateStatusPrice
Unit NPHCNPHC3175351812017-12-20
MLS#: 17244294
Closed$6,550,000
Unit SPHASPHA317534652014-01-03
MLS#: 13715545
Closed$4,800,000
Unit NPHANPHA317534572013-03-05
MLS#: 13643343
Closed$4,800,000
Unit NPHA
NPHA

3 Beds

4 Baths

3175 sqft


DateStatusPrice
2013-03-05Closed$4,800,000
MLS#: 13643343
Days On Market57
Unit NPHC
NPHC

3 Beds

5 Baths

3175 sqft


DateStatusPrice
2017-12-20Closed$6,550,000
MLS#: 17244294
Days On Market181
Unit SPHA
SPHA

3 Beds

4 Baths

3175 sqft


DateStatusPrice
2014-01-03Closed$4,800,000
MLS#: 13715545
Days On Market65
View Complete Unit Listing HistorySource By: CRMLS

Amenities

What a delight it is to find such a range of amenities at 515 Ocean Ave! Picture soaking in a warm spa or hot tub after a long day or breaking a sweat in the on-site fitness center. This building is a haven for social butterflies and fitness lovers alike, featuring a game room, clubhouse, and recreation room. Planning a weekend barbeque? An outdoor cooking area awaits! Plus, unwind by the pool or enjoy the sauna for a little extra relaxation. Having sidewalks throughout adds to the charm of this community, making it perfect for leisurely strolls with friends or furry companions.

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Amenities Description

What a delight it is to find such a range of amenities at 515 Ocean Ave! Picture soaking in a warm spa or hot tub after a long day or breaking a sweat in the on-site fitness center. This building is a haven for social butterflies and fitness lovers alike, featuring a game room, clubhouse, and recreation room. Planning a weekend barbeque? An outdoor cooking area awaits! Plus, unwind by the pool or enjoy the sauna for a little extra relaxation. Having sidewalks throughout adds to the charm of this community, making it perfect for leisurely strolls with friends or furry companions.

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
Next

Amenities

FirePit

FirePit

Pool

Pool

Security

Security

Security System

Security System

Security Guard

Security Guard

Sauna

Sauna

Clubhouse

Clubhouse

Storage

Storage

Valet

Valet

Smoke Detector(s)

Smoke Detector(s)

Handicap Parking

Handicap Parking

Policies

As you consider purchasing at 515 Ocean Ave, there are a few building policies to keep in mind. A size limit is in place which makes for a cozy atmosphere without overwhelming the community. Be ready to call ahead to discuss any specific rules, as clarity is essential for ensuring a smooth living experience.

Pet Allowed
Check
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)
515 Ocean Ave$1,509/sqft.$1 /sqft.
Park Plaza On Ocean Avenue$1,544/sqft.$1 /sqft.
535 Ocean Avenue$2,443/sqft.$1 /sqft.
535 Ocean Ave$1,970/sqft.$1 /sqft.
603 Ocean Ave$1,855/sqft.$1 /sqft.
603 Ocean Avenue$2,926/sqft.$1 /sqft.

Nearby Schools

Residents of 515 Ocean Ave enjoy access to nearby educational institutions across Santa Monica. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Canyon Charter Elementary

A-
Public|Grades KG–5
421 Entrada Dr|0.5 miles away

Roosevelt Elementary School

A-
Public|Grades KG–5
801 Montana Ave|0.59 miles away

St Monica Catholic Elementary School

--
Private|Grades PK–8
1039 7th St|0.73 miles away

St Monica Catholic High School

--
Private|Grades 9–12
1030 Lincoln Blvd|0.74 miles away

Lincoln Middle School

A
Public|Grades 6–8
1501 CA Ave|1.22 miles away

Garden of Angels School

--
Private|Grades PK–1
1009 18th St|1.41 miles away
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Schools

arrow rightWhat to know about schoolsarrow right
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Description

Residents of 515 Ocean Ave enjoy access to nearby educational institutions across Santa Monica. Schools within a 2-mile radius enhance convenience for daily routines. Close proximity supports consistent attendance and flexibility. This location promotes a family-friendly lifestyle.

Canyon Charter Elementary

A-
Public|Grades KG–5
421 Entrada Dr|Less than 1 Mile Away

Roosevelt Elementary School

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

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

Lincoln Middle School

A
Public|Grades 6–8
1501 CA Ave|1.22 Miles Away

Garden of Angels School

--
Private|Grades PK–1
1009 18th St|1.41 Miles Away

PS 1 Pluralistic School

--
Private|Grades KG–6
1225 Broadway|1.44 Miles Away

Pacifica Christian High School

--
Private|Grades 9–12
1730 Wilshire Blvd|1.49 Miles Away

Waldorf Early Childhood Center

--
Private|Grades PK–KG
1441 15th St|1.53 Miles Away

Corpus Christi Elementary School

--
Private|Grades KG–8
890 Toyopa Dr|1.57 Miles Away

Lighthouse Church School

--
Private|Grades KG–12
1220 20th St|1.63 Miles Away

Lindamood-Bell Learning Processes Pacificpalisades

--
Private|Grades 3–7
881 Alma Real Dr S...|1.63 Miles Away

Village School

--
Private|Grades KG–6
780 Swarthmore Ave|1.65 Miles Away

Seven Arrows Elementary School

--
Private|Grades KG–6
15240 La Cruz Dr|1.67 Miles Away

Santa Monica High School

A
Public|Grades 9–12
601 Pico Blvd|1.68 Miles Away

Palisades Charter Elementary

A
Public|Grades KG–5
800 Via De La Paz|1.74 Miles Away

Franklin Elementary School

A
Public|Grades PK–5
2400 Montana Ave|1.77 Miles Away

Santa Monica-Malibu Preschool

--
Public|Grades –
1651 16th St|1.80 Miles Away

Santa Monica Montessori

--
Private|Grades KG–6
1909 Colorado Ave|1.87 Miles Away

St Annes School

--
Private|Grades PK–8
2015 Colorado Ave|1.97 Miles Away

McKinley Elementary School

B
Public|Grades KG–5
2401 Santa Monica ...|1.98 Miles Away

Palisades Charter High School

--
Public|Grades 9–12
|1.99 Miles Away

Palisades Charter High School

B+
Public|Grades 9–12
15777 Bowdoin St|2.00 Miles Away

Transit

515 Ocean Ave benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Tram ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

14TH NB & ARIZONA FS

1.31 miles away|26 min walk

14TH NB & BROADWAY FS

1.49 miles away|29 min walk

14TH NB & CALIFORNIA FS

1.16 miles away|23 min walk

14TH NB & IDAHO NS

1.06 miles away|21 min walk

14TH NB & MONTANA NS

1.02 miles away|20 min walk

14TH NB & SANTA MONICA FS

1.4 miles away|27 min walk
Next

Transit

arrow rightWhat to know about transitarrow right
Next

Description

515 Ocean Ave benefits from a network of nearby public transportation options within a 2-mile radius. Access to Bus, Tram ensures convenient travel to employment hubs and local destinations. Strong transit connectivity reduces travel time and improves daily convenience. A transit-friendly location adds value for residents and visitors alike.

14TH NB & ARIZONA FS

1.31 miles away|26 min walk

14TH NB & BROADWAY FS

1.49 miles away|29 min walk

14TH NB & CALIFORNIA FS

1.16 miles away|23 min walk

14TH NB & IDAHO NS

1.06 miles away|21 min walk

14TH NB & MONTANA NS

1.02 miles away|20 min walk

14TH NB & SANTA MONICA FS

1.4 miles away|27 min walk

14TH NB & WILSHIRE FS

1.24 miles away|24 min walk

14TH SB & BROADWAY NS

1.5 miles away|29 min walk

14TH SB & MICHIGAN FS

1.85 miles away|36 min walk

16321 Pacific Coast Highway

1.99 miles away|39 min walk

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

1.78 miles away|35 min walk

17th Street / SMC Station

1.72 miles away|33 min walk

17th Street / SMC Station - East Ramp

1.75 miles away|34 min walk

17th Street / SMC Station - West Ramp

1.69 miles away|33 min walk

20TH SB & ARIZONA NS

1.68 miles away|33 min walk

20TH SB & CALIFORNIA NS

1.56 miles away|30 min walk

20TH SB & IDAHO FS

1.49 miles away|29 min walk

20TH SB & SANTA MONICA FS

1.77 miles away|34 min walk

20TH SB & WASHINGTON NS

1.51 miles away|29 min walk

20TH SB & WILSHIRE FS

1.62 miles away|32 min walk

26TH NB & BALTIC NS

1.9 miles away|37 min walk

26TH NB & CARLYLE NS

1.91 miles away|37 min walk

26TH NB & MONTANA FS

1.91 miles away|37 min walk

26TH NB & SAN VICENTE NS

1.94 miles away|38 min walk

26TH NB & WASHINGTON (SM) NS

1.96 miles away|38 min walk

26TH SB & CARLYLE FS

1.9 miles away|37 min walk

26TH SB & LA MESA NS

1.99 miles away|39 min walk

26TH SB & MARGUERITA FS

1.89 miles away|37 min walk

26TH SB & MONTANA FS

1.91 miles away|37 min walk

26TH SB & SAN VICENTE MB

1.93 miles away|37 min walk

26TH SB & WASHINGTON (SM) FS

1.96 miles away|38 min walk

2nd / Broadway

1.17 miles away|23 min walk

2ND NB & BROADWAY NS

1.16 miles away|23 min walk

2nd / Santa Monica

1 miles away|20 min walk

2ND SB & BROADWAY FS

1.2 miles away|23 min walk

4th / Arizona

0.89 miles away|18 min walk

4TH NB & ALTA FS

0.24 miles away|5 min walk

4TH NB & ARIZONA FS

0.9 miles away|18 min walk

4TH NB & BICKNELL NS

1.82 miles away|35 min walk

4TH NB & BROADWAY NS (Downtown SM Station)

1.17 miles away|23 min walk

4TH NB & CALIFORNIA FS

0.65 miles away|13 min walk

4TH NB & COLORADO FS (Downtown SM Station)

1.25 miles away|24 min walk

4TH NB & IDAHO FS

0.42 miles away|8 min walk

4TH NB & MARGUERITA FS

0.23 miles away|5 min walk

4TH NB & MONTANA FS

0.32 miles away|7 min walk

4TH NB & PICO FS

1.64 miles away|32 min walk

4TH NB & SANTA MONICA NS

1.04 miles away|20 min walk

4TH NB & SAN VICENTE NS

0.32 miles away|7 min walk

4TH NB & WASHINGTON FS

0.53 miles away|11 min walk

4TH NB & WILSHIRE NS

0.79 miles away|16 min walk

The Neighbourhood: North of Montana

North of Montana is an upscale, tree-lined residential neighborhood near local shops and cafes. The area mixes homes, boutiques, bakeries, and small grocery stores. This district has parks, quiet streets, and nearby public schools for families. The area offers regular bus service and easy routes to downtown, beach, and major freeways. Short bike rides and pedestrian paths connect to the coast and a popular seaside walk. The district stays walkable and accessible, with daily amenities close by. Small parks add quiet charm.

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Neighbourhood Description

North of Montana is an upscale, tree-lined residential neighborhood near local shops and cafes. The area mixes homes, boutiques, bakeries, and small grocery stores. This district has parks, quiet streets, and nearby public schools for families. The area offers regular bus service and easy routes to downtown, beach, and major freeways. Short bike rides and pedestrian paths connect to the coast and a popular seaside walk. The district stays walkable and accessible, with daily amenities close by. Small parks add quiet charm.

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515 Ocean Ave Demographics

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.33% are children aged 0–14, 13.24% are young adults between 15–29, 29.71% are adults aged 30–44, 20.37% are in the 45–59 range and 26.36% are seniors aged 60 and above. Commuting options are also varying where 60.84% of residents relying on driving, while others prefer public transit around 3.08%, walking around 4.67%, biking around 5.24%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 80.25% of units are rented and 19.75% are owner occupied. The neighborhood offers different household types. About 12.01% are single family homes and 1.74% are multi family units. Around 52.68% are single-person households, while 47.32% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 38.1% of residents have bachelor’s degrees. Around 5.79% have high school or college education. Another 4.9% hold diplomas while 35.23% have completed postgraduate studies. The remaining are 15.99% with other types of qualifications.

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Demographics Description

This neighborhood indicates a good mix of people which makes it a good place for families. About 10.33% are children aged 0–14, 13.24% are young adults between 15–29, 29.71% are adults aged 30–44, 20.37% are in the 45–59 range and 26.36% are seniors aged 60 and above. Commuting options are also varying where 60.84% of residents relying on driving, while others prefer public transit around 3.08%, walking around 4.67%, biking around 5.24%, allowing residents to choose travel modes that best fit their daily routines. Most homes in the area are with 80.25% of units are rented and 19.75% are owner occupied. The neighborhood offers different household types. About 12.01% are single family homes and 1.74% are multi family units. Around 52.68% are single-person households, while 47.32% are multi person households. This mix works well for families, roommates, and individuals. Education levels in the neighborhood vary widely where 38.1% of residents have bachelor’s degrees. Around 5.79% have high school or college education. Another 4.9% hold diplomas while 35.23% have completed postgraduate studies. The remaining are 15.99% with other types of qualifications.

Age Demographics

0–14 Years

10.33%

15–29 Years

13.24%

30–44 Years

29.71%

45–59 Years

20.37%

60+ Years

26.36%

Commute

3.08%

Transit

4.67%

Walk

60.84%

Drive

5.24%

Bike

Housing Ownership

19.75%

Owner Occupied

80.25%

Rental Units

Household Types

Single Family
12.01%
Multi Family
1.74%
Single Person
52.68%
Multi Person
47.32%

Average Income

Household:$12,428,219.61 /yr

Individual:$10,026,017.87 /yr

Education

Bachelors Degree38.1%
High School College5.79%
Diploma4.9%
Post Graduate35.23%
Others15.99%
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Education

Diploma4.9%
Post Graduate35.23%
Others15.99%
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  1. Home
  2. /Santa Monica, CA
  3. /
    515 Ocean Ave
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ZIP Codes
900089001390014
9002090071902609030390603907319083191016911049120591387917469177392614928219283593553
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1053-1055 19th Street10633 Kinnard Avenue10840 Lindbrook Drive11120 Queensland Street1115-1119 23rd Street1128 Princeton Street1141 26th Street1144 17th Street1144 Chelsea Avenue11574 Iowa Avenue11614 Chenault Street11631 Missouri Avenue11675 La Grange Avenue11857 Nebraska Avenue11965 Gorham Avenue1200 Peck Drive1201 Roxbury Drive
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