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Under contract
    • $6,980,000

    401 Ocean Ave #2, Santa Monica, CA 90402

    4beds
    3,655sqft
    : 
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    Residential, Condominium, Townhouse
    Built in 1930
    0.52 Acres Lot
    $6,753,200 Zestimate®
    $1,910/sqft
    $1,704/mo HOA

    What's special

    With a truly irreplaceable ocean view, landmark designation, and an extraordinary Mills Act property tax incentive, 401 Ocean presents a rare opportunity to own a piece of Santa Monica's coastal legacy. Rich in local history, this Craftsman-style residence was originally built in 1930 by renowned architect Robert Farquhar and thoughtfully restored and modernized in 2021. As a designated historic landmark, the home benefits from an active and transferable Mills Act contract, offering a significant property tax reduction of up to approximately 80% annually -- an exceptional advantage in today's market. One of only two townhouse-style residences, the home lives with the privacy and presence of a single-family retreat, complete with a private entrance, side yard, multiple terraces, a two-car garage, and integrated home automation with surround sound throughout. Set just beyond the bluff, unobstructed views of the Pacific Ocean and Santa Monica Mountains unfold across the main and upper levels, all just moments from the beach, promenade, and pier. Inside, radiant natural light pours through expansive windows, illuminating exquisite millwork, wide-plank white oak floors, and refined modern finishes that elevate the home's timeless coastal character. The open-concept main level flows effortlessly from a sophisticated living room to an airy dining space and out to a private, hedge-lined terrace, the ideal setting for relaxed mornings or evenings dining al fresco. At the heart of the home, the gourmet kitchen is as beautiful as it is functional, featuring custom Axis cabinetry, a substantial seated island, premium built-in appliances including temperature-controlled wine storage, and a generous butler's pantry with wet bar. A charming powder room, laundry room, and bedroom suite complete the main floor. Upstairs, three additional bedroom suites await, including one with access to the upper terrace and the impressive primary suite. Positioned at the front of the home beneath soaring vaulted ceilings, the primary offers an awe-inspiring ocean-front vantage, a private balcony, expansive walk-in closet, and a spa-like en-suite bath with gas fireplace, dual vanity, soaking tub, and glass-enclosed shower. The lower level reveals an expansive brick-lined family room and full bathroom, ideal for a media lounge, gym, playroom, or private creative studio. Supremely located in the heart of Santa Monica with effortless access to world-class dining, boutiques, and Westside amenities, 401 Ocean is a one-of-a-kind heritage residence that honors California's past while defining the future of luxury coastal living.
    33 days
    |
    1,670
    |
    91
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    F. Ron Smith DRE # 00961954 310-500-3931,

    Compass 310-500-3931,

    David Berg DRE # 01481236 310-500-3931,

    Compass

    Source: CLAW,MLS#: 26849807MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 6
      • Full bathrooms: 5
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Breakfast Bar, Dining Area, Living Room, Walk-In Pantry, Walk-In Closet, Powder, Bar, Formal Entry, Great Room, Guest-Maids Quarters, Family Room, Patio Covered, Patio Open
      Bedroom
      • Features: Walk-In Closet(s)
      • Level: Main
      Bathroom
      • Features: Shower and Tub, Tile, Double Vanity(s), Shower Stall, Powder Room
      Kitchen
      • Features: Kitchen Island, Pantry, Stone Counters, Remodeled, Gourmet Kitchen, Open to Family Room
      Heating
      • Central, Fireplace(s), Heat Pump, Forced Air
      Cooling
      • Central Air, Air Conditioning, Zoned
      Appliances
      • Included: Built-Ins, Double Oven, Microwave, Range, Range Hood, Gas Cooking Appliances, Dishwasher, Dryer, Freezer, Range/Oven, Vented Exhaust Fan, Refrigerator, Washer, Disposal, Exhaust Fan, Water Line to Refrigerator, Tankless Water Heater
      • Laundry: Laundry Room
      Features
      • Beamed Ceilings, Built-in Features, Cathedral-Vaulted Ceilings, High Ceilings, Crown Molding, Open Floorplan, Wired for Sound, Recessed Lighting, Wet Bar, Built-Ins, Dining Area, Breakfast Counter / Bar
      • Flooring: Wood, Stone Tile, Tile
      • Doors: Sliding Doors, French Doors
      • Windows: Custom Window Covering, Bay Window(s)
      • Number of fireplaces: 2
      • Fireplace features: Living Room, Gas
      • Common walls with other units/homes: End Unit
      Interior area
      • Total structure area: 3,655
      • Total interior livable area: 3,655 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 2
      • Parking features: Garage - 2 Car, Private Garage, Side By Side, Garage Is Detached, Auto Driveway Gate, Gated
      • Garage spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Levels: Three Or More
      • Stories: 3
      • Entry location: Foyer
      • Patio & porch: Front Porch, Patio, Covered
      • Exterior features: Balcony
      • Pool features: None
      • Spa features: None
      • Fencing: Privacy,Fenced Yard
      • Has view: Yes
      • View description: Ocean, Panoramic, Mountain(s)
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Ocean
      • Frontage type: Bluff Front
      Lot
      • Size: 0.52 Acres
      • Features: Landscaped, Lawn, Front Yard, Back Yard, Yard, City Lot, Corner Lot, Park Nearby
      Details
      • Parcel number: 4293007052
      • Zoning: SMR4*
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Craftsman
      • Property subtype: Residential, Condominium, Townhouse
      • Attached to another structure: Yes
      Condition
      • Updated/Remodeled
      • Year built: 1930

      Community & HOA

      Community
      • Security: Exterior Security Lights, Card/Code Access, Gated, Security Lights, Prewired
      • Subdivision: 401 Ocean, Inc.
      HOA
      • Has HOA: Yes
      • Amenities included: Controlled Access, Landscaping
      • Services included: Building and Grounds
      • HOA fee: $1,704 monthly
      Location
      • Region: Santa Monica

      Financial & listing details

      • Price per square foot: $1,910/sqft
      • Tax assessed value: $1,356,899
      • Annual tax amount: $17,371
      • Date on market: 6/19/2026

        Estimated market value

        $6,753,200

        $6.42M - $7.09M

        $7,670/mo

        Price history

        DateEventPrice
        7/22/2026Contingent$6,980,000$1,910/sqft
        Source: CLAW #26849807 Report a problem
        6/19/2026Listed for sale$6,980,000-6.9%$1,910/sqft
        Source: CLAW #26849807 Report a problem
        6/19/2026Listing removed$7,500,000$2,052/sqft
        Source: CLAW #26691709 Report a problem
        4/11/2026Price change$7,500,000-6.2%$2,052/sqft
        Source: CLAW #26691709 Report a problem
        1/30/2026Listed for sale$7,995,000-19.6%$2,187/sqft
        Source: CLAW #26637903 Report a problem
        1/16/2026Listing removed$9,950,000$2,722/sqft
        Source: CLAW #25592817 Report a problem
        9/26/2025Listed for sale$9,950,000$2,722/sqft
        Source: CLAW #25592817 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$17,371 +4.8%$1,356,899
        2024$16,581 -0.3%$1,356,899
        2023$16,624 -37.4%$1,356,899 -38.5%
        2022$26,554 $2,205,186
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: North of Montana

        Getting around

        61 / 100
        Somewhat Walkable
        33 / 100
        Some Transit
        84 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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