PHE/701 Ocean Avenue

Santa Monica CA 90402

2834 sq. ft.

41952 sq. ft.

Condo

Last sold for $7,129,000

Jill Cannella, last sold this property on 19 May 2026 after 17 days on market.

Overview

There are views, and then there are views. Penthouse E at 701 Ocean Avenue is a rare double unit corner Penthouse. It delivers what few properties in Los Angeles can, a sweeping panorama that stretches from the white water breaking along the sand at Palisades Park, north to the sweeping vistas of Pacific Palisades and Malibu, and south along one of the most coveted coastlines in the world. A gracious entry foyer sets the tone offering an elegant welcome for guests. Two en suite bedrooms and a dedicated laundry room flank the entry, while an open kitchen and dining room create an effortless flow for hosting. The living room anchored by a fireplace and framed by floor-to-ceiling glass sliders opens to both a front and side balcony, blurring the line between interior elegance and the open sky. Privately situated on the opposite wing, the beyond-spacious primary suite is a sanctuary unto itself. Its private ocean-facing balcony, generous en suite bath, and dual walk-in closets speak to a life lived without compromise. Throughout, all-new hardwood floors, fresh carpet, and crisp interior paint offer the rare option to move in immediately or to reimagine the space into a bespoke showpiece. Four dedicated side by side parking spaces, ample guest parking, and private storage round out the practical luxury. The building has just completed an extensive renovation, including a new roof, plumbing infrastructure, and a resort-caliber amenity rooftop deck featuring a brand-new pool, spa, private cabanas, and BBQ area. All assessments have been paid in full by the seller a meaningful and rare offering at this level. With 24-hour concierge service, on-site management, a well-equipped fitness center, and a full banquet room and kitchen, the building delivers first-class living at every turn. North of Montana, moments from world-class dining, boutique shopping, and the best beaches, this is Santa Monica at its absolute finest.

Features

3 bedrooms

3 bathrooms

4 carspaces

2834 sq. ft. floor area

41952 sq. ft. lot size

Condo

Estimated Value

Based on this property and similar 3 bedroom condos sold in Santa Monica over the last 12 months, the estimated median property value of PHE/701 Ocean Avenue is $2.35m.

Median value

$2.35m

Estimated value range

$1.82m - $7.13m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Santa Monica. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for PHE/701 Ocean Avenue

2026

Sold

$7,129,000

19 May 2026 by Jill Cannella, of Compass

Happy sellers in Santa Monica

We have insufficient information to provide an overview of customer satisfaction for Santa Monica. Viewing the agent profiles, reviews and sales for Santa Monica can provide insights for this location.