
515 Ocean Avenue, 404N, Santa Monica, CA 90402
515 Ocean Avenue, 404N, Santa Monica, CA 90402
Property Description
Nestled on Santa Monica's iconic Ocean Avenue, Residence 404N at 515 Ocean Avenue offers more than just luxurious living, it provides a gateway to an active, healthy, and convenient lifestyle. Boasting designer finishes, Italian cabinetry throughout, premium appliances, and hardwood flooring, this residence offers sweeping views of the Pacific Ocean. Upon entry, a foyer guides you to the designer kitchen and main living spaces on the right, while the left wing houses all bedrooms and bathrooms. The open-concept kitchen, living, and dining space features floor-to-ceiling windows with unobstructed views of Palisades Park and beyond, promoting a seamless indoor-outdoor flow. The kitchen is equipped with quartz countertops, a Sub-zero refrigerator, Wolf electric range, wine refrigerator, dishwasher, and a designated dining area illuminated by a contemporary chandelier. The spacious main living area is bathed in natural light and leads to the unit's private balcony, perfect for enjoying the ocean breeze. In the left wing of the unit, the guest bedroom, currently utilized as an office/secondary living room, offers ample space and a modern full bathroom. At the end of the hallway awaits the private primary suite, featuring balcony access through a sliding glass door, providing breathtaking ocean views and relaxing sea breezes. The expansive spa-like primary bathroom boasts a dual vanity, separate tub and shower, and maintains the high-end finishes and attention to detail found throughout the residence. 2 enclosed parking spaces, security screened storage, and a dedicated laundry room comes with this unit for added convenience. Park Plaza offers full-service amenities, including a 24-hour concierge, security, gym, spa, and pool. Don't miss the chance to reside in one of the Westside's most coveted zip codes on the iconic Ocean Avenue.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Luxury Tier · 5 active · 5 closed
Santa Monica · Single Family Residence
Listed 13.4% below the median closed sale of $3,000,000. Closed comps sold at 110% of list — strong seller's market. Luxury tier — fewer comparable sales widen the confidence range.
Price Position
Priced below the market — value advantage over the field.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 2441 21st Street | Santa Monica | 1927 | 3 | 2 | 1,600 | 6,746 | $1,497 | $2.40M | 15 | 57 |
| 2460 Beverley Avenue | Santa Monica | 1923 | 2 | 2 | 2,067 | 3,593 | $1,814 | $3.75M | 111 | 56 |
| 1013 Bay Street | Santa Monica | 1926 | 3 | 2 | 2,077 | 6,493 | $1,348 | $2.80M | 9 | 56 |
| 2317 Pearl Street | Santa Monica | 1931 | 2 | 2 | 1,508 | 5,186 | $2,089 | $3.15M | 12 | 51 |
| 2521 33rd Street | Santa Monica | 1946 | 2 | 1 | 1,571 | 9,636 | $1,588 | $2.50M | 163 | 49 |
| Total: 5 · Average | 2.4 | 1.8 | 1,764.6 | 6,330.8 | $1,667.2 | $2.92M | 62 | |||
| Median | 1,600 | $2.80M | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 630 Ashland Avenue | Santa Monica | 1921 | 08/20/2026 | 2 | 2 | 1,410 | 1,947 | $1.82M | $1.81M | $1,284 | 0.99 | 36 | 64 |
| 1050 Harvard Street | Santa Monica | 1942 | 09/30/2026 | 3 | 2 | 1,784 | 7,890 | $2.90M | $3.00M | $1,682 | 1.03 | 36 | 55 |
| 558 Stassi Lane | Santa Monica | 1947 | 09/15/2026 | 2 | 2 | 1,633 | 13,138 | $3.60M | $3.57M | $2,188 | 0.99 | 58 | 52 |
| 2519 31st Street | Santa Monica | 1939 | 09/01/2026 | 3 | 3 | 1,812 | 6,003 | $2.00M | $2.45M | $1,352 | 1.23 | 59 | 51 |
| 827 Yale Street | Santa Monica | 1931 | 09/04/2026 | 3 | 2 | 1,493 | 7,993 | $3.19M | $3.92M | $2,629 | 1.23 | 20 | 50 |
| Total: 5 · Average | 2.6 | 2.2 | 1,626.4 | 7,394.2 | $2.95M | $2.95M | $1,827 | — | 41.8 | ||||
| Median | 1,633 | $3.00M | $3.00M | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.