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Sold for $2,000,000
  • Listed by: Vista Sotheby’s International Realty • Gerard Bisignano • Contact: 310-990-4727
    Bought with: Vista Sotheby’s International Realty
    $2,000,000

    515 Ocean Ave Unit 308N, Santa Monica, CA 90402

    2beds
    1,900sqft
    Condominium
    Built in 1976
    -- sqft lot
    $3,107,600 Zestimate®
    $1,053/sqft
    $7,818 Estimated rent

    Home value

    $3,107,600

    $2.64M - $3.70M

    $7,818/mo

    Zestimate® history
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    What's special

    Trust sale NOT subject to overbid or court confirmation. Just north of Montana Ave, this spacious 2 bedroom 2 1/2 baths single level condo is the perfect retreat by the sea. The den can be converted to a 3rd bedroom. The 3rd floor units are extremely desirable because they have an extra large private dedicated entertainment patio right off the living room. Perfect for larger gatherings. Great opportunity to move to the beach! Located across from Palisades Park, in Santa Monica, California, the Park Plaza Condominiums are one of the elite condominium buildings in the Los Angeles area. Its location near shops and restaurants on Montana Ave, the Santa Monica Canyon, Downtown Santa Monica, and the 3rd Street Promenade, makes this the ideal residential building on the Westside. Park Plaza is situated for optimum views and an outstanding local. The Park Plaza combines comfort and elegance with easy-going casual beach styling. In addition to its stellar views, the building has concierge services, banquet facility, valet parking, swimming pool, spa, sun deck, a sauna, and an exercise room. Trust sale. All current identified retrofit requirements will be paid by the close of escrow. Buyer and buyer's agent to verify all information. Please see private remarks for offer process. Not subject to court confirmation.

    Zillow last checked:

    Listing updated:

    Listed by:

    Gerard Bisignano DRE #01116110 310-990-4727,

    Vista Sotheby’s International Realty,

    Gianni Cantu DRE #02125458 323-481-0007,

    Vista Sotheby's International Realty

    Bought with:

    Gerard Bisignano, DRE #01116110

    Vista Sotheby’s International Realty

    Source: CRMLS,MLS#: SB24013251MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 2
    Rooms
    • Room types: Other
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • Elevator
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: 2+ Common Walls
    Interior area
    • Total interior livable area: 1,900 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Entry location: Street
    • Pool features: Association
    • Has view: Yes
    • View description: Peek-A-Boo
    Lot
    • Size: 1.55 Acres
    Details
    • Parcel number: 4293008099
    • Zoning: SMR4*
    • Special conditions: Trust

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1976

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Sidewalks
    HOA
    • Has HOA: Yes
    • Amenities included: Pool
    • HOA fee: $2,388 monthly
    • HOA name: Park Plaza
    • HOA phone: 310-394-6305
    Location
    • Region: Santa Monica

    Financial & listing details

    • Price per square foot: $1,053/sqft
    • Tax assessed value: $2,040,000
    • Annual tax amount: $25,315
    • Date on market: 1/22/2024
    • Cumulative days on market: 230 days
    • Listing terms: Cash to New Loan

    Price history

    DateEventPrice
    4/17/2025Listing removed$19,500$10/sqft
    Source: CLAW #25516941 Report a problem
    3/26/2025Listed for rent$19,500$10/sqft
    Source: CLAW #25516941 Report a problem
    5/11/2024Sold$2,000,000-8.9%$1,053/sqft
    Source: CRMLS #SB24013251 Report a problem
    4/10/2024Contingent$2,195,000$1,155/sqft
    Source: CRMLS #SB24013251 Report a problem
    2/28/2024Price change$2,195,000-4.4%$1,155/sqft
    Source: CRMLS #SB24013251 Report a problem
    1/22/2024Listed for sale$2,295,000+222.1%$1,208/sqft
    Source: CRMLS #SB24013251 Report a problem
    8/16/1999Sold$712,500+46.2%$375/sqft
    Source: Public Record Report a problem
    10/11/1996Sold$487,500$257/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$25,315 +4.3%$2,040,000 -0.5%
    2024$24,264 +89.7%$2,051,016 +94.9%
    2023$12,791 +1.3%$1,052,560 +2%
    2022$12,624 +2.7%$1,031,923 +2%
    2021$12,297 +0.7%$1,011,690 +1%
    2020$12,212 $1,001,318 +2%
    2019$12,212 +7.3%$981,685 +2%
    2018$11,382 $962,437 +2%
    2017$11,382 +0.5%$943,567 +2%
    2016$11,327 +3.4%$925,067 +1.5%
    2015$10,953 +2.8%$911,173 +2%
    2014$10,656 $893,325 +2.5%
    2012-- $871,853 +2%
    2011-- $854,759 +0.8%
    2010-- $848,372 -0.2%
    2009-- $850,388 +2%
    2008-- $833,714 +2%
    2007-- $817,368 +2%
    2006-- $801,342
    2005-- $801,342 +4%
    2004-- $770,226 +1.9%
    2003-- $756,110 +2%
    2002-- $741,285 +4%
    2000-- $712,500
    Find assessor info on the county website

    Neighborhood: North of Montana

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $3,107,600
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $3,107,600