515 Ocean Ave # SPHA, Santa Monica, CA 90402

3 beds4.5 baths3,175 sqft Edit

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Sold: $4,800,000
Sold on 01/03/14
Zestimate®: $3,120,925
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My Notes

Rare offering. Sweeping ocean views from this exclusive Santa Monica Penthouse Condominium. The Penthouse is located in the prestigious Park Plaza, a full service building on Ocean Avenue. Enjoy watching the glistening waves of the Pacific Ocean as well as the gorgeous sunsets from most every room in your own resort like home! Dramatic high ceilings with floor to ceiling windows throughout the unit capture the stunning ocean views. The grand and spacious living room w/ fireplace and dining area flows to two separate terraces that overlook the palm tree lined promenade of Palisades Park and the ocean. There is a large den w/fireplace and bar. A spacious kitchen with breakfast area. The generous Master Suite has separate his and hers baths each with its' own walk in closet. There are two additional en suite bedrooms and baths. Powder Room. Laundry Room. Separate storage. Pool, gym and 24 hour concierge services.  More Less 


  • Condo
  • Built in 1976
  • Views: 763 all time views
  • Cooling: Central
  • Heating: Other
  • Last sold: Jan 2014 for $4,800,000
  • Last sale price/sqft: $1,512


  • Fireplace


      • Structure type: Contemporary
      • Unit count: 1


      • Floor size: 3,175 sqft
      • Last remodel year: 1976
      • Parcel #: 4293008091
      • Zillow Home ID: 20486329

      Zestimate Details

      A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

      The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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      -$44,617 Last 30 days
      Zestimate range
      Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

      The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
      +$69 Last 30 days
      Zestimate range

      Popularity on Zillow

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      763 all-time views
      of this home (chart)
      423 forecasted views of this home
      in the first 7 days after listing for sale
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      Comparable Homes

      Homes like this sold for $1.58-5.75M.




      Market guide

      Zillow predicts 90402 home values will increase 2.6% next year, compared to a 7.2% rise for Santa Monica as a whole. Among 90402 homes, this home is valued 10% more than the midpoint (median) home, and is valued 41.7% more per square foot.

      Foreclosures will be a factor impacting home values in the next several years. In 90402, the number of foreclosures waiting to be sold is 97.7% less than in Santa Monica, and 99% less than the national average. This lower local number could help 90402 home values rise more quickly than other regions in Santa Monica.

      Learn more about forecast calculations or 90402 home values.
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        For Sale

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        See all nearby rentals
        Other Units in this Building (75)ZestimateBedsBathsSqft
        Unit 302S$1.66M231,865
        Unit 304S$1.24M221,490
        Unit 306S$1.24M221,490
        Unit 308S$1.74M231,900
        Unit 307S$1.98M231,900
        Unit 303S$2.08M221,490
        Unit 402S$1.99M231,865
        Unit 406S$1.31M221,490
        Unit 408S$2M231,900
        Unit 407S$2.07M2--1,900
        Unit 405S$1.27M221,490
        Unit 403S$1.27M221,490
        Unit 401S$1.91M22.51,865
        # 502$1.99M231,865
        # 504$1.24M221,490
        # 506$1.35M221,490
        # 508$1.96M231,900
        # 507--231,900
        # 505$1.32M221,490
        # 503$1.24M221,490

        Nearby Schools in Santa Monica

        GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

        Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

        Data by GreatSchools.org