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1705 Ocean Avenue, 314, Santa Monica, CA 90401

$2.19M2bd · 3ba · 1,610 sqft
Lot 0 sqft•HOA $1783.54/mo•Condominium•
Active
•40d on market•MLS# 00-26992367

Property Description

Experience the pinnacle of coastal luxury at The Waverly, a premier residential masterpiece in Santa Monica crafted by renowned architects Marmol Radziner and developed by the award-winning Related Company. This sophisticated 2-bedroom home showcases soaring ceilings and walls of glass that frame panoramic views of the city, mountains, and lush greenery of Tongva Park. Inside the expansive open layout, you will find a private balcony alongside a high-end chef's kitchen featuring custom cabinetry, premium quartzite countertops, and elite Thermador appliances. The primary suite serves as a tranquil retreat, complete with walk-in closets and a spa-inspired en-suite bathroom outfitted with dual sinks, a separate shower, and a soaking tub. Life at this prestigious Ocean Avenue address includes access to five-star, full-service concierge support and a 24-hour front desk. Residents benefit from an Equinox-designed fitness center, a resident lounge, a private theatre, a conference room, secure parking, and on-site pet grooming. For entertaining, the building offers a stunning rooftop deck and a signature 5th-floor Sky Bridge lounge complete with an outdoor fireplace, a full kitchen, a BBQ area, and sweeping Pacific Ocean vistas. Set directly across from Tongva Park, the property places you just steps from the beach, Santa Monica Pier, Third Street Promenade, Main Street, and the area's finest dining and shopping. Professionally staged and ready to show.

Features & Amenities

FeeBuilt 2014

Property Details

Land Type
Fee
Year Built
2014
Property Type
Residential
Property Subtype
Condominium
Heating
Central
Cooling
Central Air
View
City Lights, Ocean, Water
Flooring
Wood
Roof
Composition
City
Santa Monica
Zip Code
90401
County
Los Angeles
Listed byTradewind Realty, Louis Perez

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$11,063.72
Principal & Interest
Loan Amount
$1,750,400
Total Interest
$2,232,539
Total Payment Over 30 Years
$3,982,939
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Luxury Tier · 5 active · 5 closed

1705 Ocean Avenue, 314, Santa Monica, CA 90401

Santa Monica · Condominium

$2.19M
Luxury Tier
Beds
2
Baths
3
Sqft
1,610
Lot
0 sqft
Year
2014
$/Sqft
$1359
Pool: No✓
Spa: No✓
View: city✓

Listed in line with the median closed sale of $2,250,000. Price per sqft ($1,359) is a 21% premium to closed comps ($1,121). Closed comps sold at 100% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.

Price Position

Aligned with the market — fair pricing for the comps.

At market
Subject listed at $2.19M· $1,359/sqft
Total list price
Closed comps
vs closed median $2.25M
−$62K (−2.8%)
Active comps
vs active median $2.29M
−$102K (−4.5%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $1,289
+$70 (+5.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
212 Bay StreetSanta Monica2025232,2006,007$1,041$2.29M7987
1705 Ocean AvenueSanta Monica—221,57440,870$1,302$2.05M10081
1755 Ocean AveSanta Monica2014221,4700$1,463$2.15M15680
1705 Ocean AvenueSanta Monica2014221,66040,866$1,385$2.30M1875
125 Pacific StreetSanta Monica2011331,91018,075$1,254$2.40M4168
Total: 5 · Average2.22.41,762.826,454.5$1,289$2.24M78.8
Median1,660$2.29M

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
120 Ocean Park BoulevardSanta Monica198710/22/2026221,502196,225$2.50M$2.25M$1,4980.906086
212 Bay StreetSanta Monica202507/27/2026232,2006,007$2.00M$2.00M$9091.003873
611 Pacific StreetSanta Monica199008/18/2026332,3064,368$2.29M$2.27M$9830.993672
2203 3rd StreetSanta Monica199905/08/2026232,1170$2.10M$2.00M$9450.9511972
25 Sea Colony DriveSanta Monica197906/25/2026231,855127,936$2.00M$2.36M$1,2721.182861
Total: 5 · Average2.22.81,99683,634$2.17M$2.17M$1,121.4—56.2
Median2,117$2.25M$2.25M

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.