Welcome to an exceptional opportunity on Ocean Avenue in prime Santa Monica. This light-filled 2 bedroom, 2 bath residence offers just under 1,500 square feet of living space, partial ocean views, and a private balcony accessible from every room that invites in fresh coastal breezes. Owned by the same family for over 45 years, the unit has been freshly painted and newly carpeted, providing a clean canvas to design your ideal home by the beach.Located in the coveted Park Plaza, the building offers 24-hour security, pool, spa, fitness center, and conference room, creating a true full-service living experience. Moments from the Santa Monica Pier, Montana Avenue, Venice, top Los Angeles restaurants, neighborhood coffee spots, and everything that defines the best of Westside living. Bright and airy, this is Santa Monica living at its finest and a rare opportunity to create something truly custom by the ocean, just in time for summer.
Sold for $1,500,000
$1,500,000
515 Ocean Ave Unit 503S, Santa Monica, CA 90402
2beds
1,490sqft
Residential, Condominium
Built in 1976
-- sqft lot
$1,502,500 Zestimate®
$1,007/sqft
$7,860 Estimated rent
Home value
$1,502,500
$1.37M - $1.65M
$7,860/mo
Zestimate® history
Owner options
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$7,860/mo
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$7,860/mo
Rent Zestimate®
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$11,701/mo
Est. payment
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$11,701/mo
Est. payment
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List your homeWhat's special
Partial ocean viewsBright and airy
Zillow last checked:
Listing updated:
Listed by:
Nikki Joel DRE # 01784589 310-428-2248,
The Agency 424-230-3700,
Emma Baker DRE # 02013676 818-300-5027,
The Agency
Bought with:
Sally Forster Jones, DRE # 00558939
Compass
Marc Sonnenthal, DRE # 01466238
Compass
Source: CLAW,MLS#: 26655395
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Breakfast Bar, Dining Area, Living Room, Walk-In Closet
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Range/Oven, Refrigerator, Freezer, Washer, Dryer
- Laundry: In Unit, Laundry Room
Features
- Flooring: Carpet, Tile
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,490
- Total interior livable area: 1,490 sqft
Property
Parking
- Total spaces: 2
- Parking features: Assigned, Gated, Side By Side
- Covered spaces: 2
Features
- Levels: One
- Stories: 7
- Pool features: Community
- Spa features: Community
- Has view: Yes
- View description: Ocean
- Has water view: Yes
- Water view: Ocean
Lot
- Size: 1.55 Acres
Details
- Parcel number: 4293008073
- Zoning: SMR4*
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: Contemporary
- Property subtype: Residential, Condominium
- Attached to another structure: Yes
Condition
- Year built: 1976
Community & HOA
Community
- Security: 24 Hour Security, Card/Code Access, Secured Community
- Subdivision: Park Plaza Hoa
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Assoc Pet Rules, Conference, Elevator(s), Exercise Room, Fitness Center, Pool, Spa/Hot Tub, Onsite Property Management, Meeting Room, Valet Parking
- HOA fee: $2,064 monthly
Location
- Region: Santa Monica
Financial & listing details
- Price per square foot: $1,007/sqft
- Tax assessed value: $407,667
- Annual tax amount: $5,547
- Date on market: 2/23/2026
Price history
| Date | Event | Price |
|---|---|---|
| 5/13/2026 | Sold | $1,500,000-6%$1,007/sqft |
Source:  CLAW #26655395 Report a problem | ||
| 2/23/2026 | Listed for sale | $1,595,000$1,070/sqft |
Source: CLAW #26655395 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,547 +6.5% | $407,667 +2% |
| 2024 | $5,209 +1.7% | $399,674 +2% |
| 2023 | $5,121 +1.6% | $391,839 +2% |
| 2022 | $5,042 +3.1% | $384,157 +2% |
| 2021 | $4,892 +0.8% | $376,626 +1% |
| 2020 | $4,855 | $372,765 +2% |
| 2019 | $4,855 +7.3% | $365,457 +2% |
| 2018 | $4,525 | $358,292 +2% |
| 2017 | $4,525 +0.7% | $351,268 +2% |
| 2016 | $4,494 +3.6% | $344,381 +1.5% |
| 2015 | $4,337 +12.6% | $339,209 +2% |
| 2014 | $3,850 | $332,565 +2.5% |
| 2012 | -- | $324,572 +2% |
| 2011 | -- | $318,209 +0.8% |
| 2010 | -- | $315,831 -0.2% |
| 2009 | -- | $316,583 +2% |
| 2008 | -- | $310,376 +2% |
| 2007 | -- | $304,291 +2% |
| 2006 | -- | $298,326 |
| 2005 | -- | $298,326 +4% |
| 2004 | -- | $286,743 +1.9% |
| 2003 | -- | $281,488 +2% |
| 2002 | -- | $275,969 +4% |
| 2000 | -- | $265,254 |
Find assessor info on the county website
Neighborhood: North of Montana
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Nearby schools
GreatSchools rating
- 9/10Roosevelt Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Lincoln Middle SchoolGrades: 6-8Distance: 1.2 mi
- 9/10Santa Monica High SchoolGrades: 9-12Distance: 1.6 mi
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Estimated market value
$1,502,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,502,500
- California
- Los Angeles County
- Santa Monica
- 90402
- North of Montana
- 515 Ocean Ave Unit 503S
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