1118 3rd Street, Unit 501

Santa Monica, CA 90403

$1,890,000
Price
2
Beds
2
Baths
1,538 Sq. Ft.
$1,229 / Sq. Ft.
1,538
Sq. Ft.
$1,229
per Sq. Ft.

Description

Turn-key and completely remodeled North Santa Monica one level condominium set on the 5th floor of the coveted Wilshire Ocean Terrace building. Conveniently located just a few blocks from famed Will Rogers State Beach, this exclusive high floor front facing corner unit residence is completely flooded with loads of natural light and boasts a modern open floor plan. The front wing of the unit offers the finest of coastal luxury living with a great room, fireplace, dining room, kitchen, and corner balcony/deck...Turn-key and completely remodeled North Santa Monica one level condominium set on the 5th floor of the coveted Wilshire Ocean Terrace building. Conveniently located just a few blocks from famed Will Rogers State Beach, this exclusive high floor front facing corner unit residence is completely flooded with loads of natural light and boasts a modern open floor plan. The front wing of the unit offers the finest of coastal luxury living with a great room, fireplace, dining room, kitchen, and corner balcony/deck plus ocean views . This is an expansive condo that is almost 1,600 square feet and is complemented by two large bedrooms and two full bathrooms. The updated kitchen includes modern and newer stainless-steel appliances, ample storage, custom cabinetry, stone countertops, and a convenient open breakfast bar. Both bedrooms provide plenty of natural light along with ocean views, and the primary suite includes a fully finished large walk-in-closet with built-ins, plus an ensuite bathroom with a jacuzzi tub and separate stone tiled shower. In addition, the unit has $15,000++ worth of brand new Shade Store automatic and programmable custom roller shades on all windows and the patio doors. The unit also conveniently has a dedicated laundry closet with newer front-loading washer/dryer, and an abundance of storage throughout. This highly sought after corner residence is situated in a recently updated upscale secure building that includes a formal lobby, pool, "smartphone app" controlled front door and garage gate access, hot tub, gym, sauna, conference room plus outdoor lounging and dining areas. Parking is gated/secure, convenient and hassle-free with two side-by-side deeded spots. A large deeded secure storage space near the parking area is also included. Ocean views, cool ocean breezes, all just moments to boutique shops on Montana Ave., world class dining, shopping, farmers markets, fitness studios, Soul Cycle, parks, and just three blocks from the beach! Enjoy endless outdoor activities including, hiking, mountain biking, beach days, and bike paths. A perfect move-in condition condo to enjoy Southern California coastal living with quick access to all the desired Westside offerings.

Listing Agent

  1. David Kelmenson

    David Kelmenson

    Listing Agent

    Compass

    DRE #01435306

    kelmenson@compass.com

    P: 310.863.3030

Property Details for 1118 3rd Street, Unit 501

Water Front
None
Zoning
SMR3*
Style
Contemporary
Cross Streets
California Ave. and 3rd Street
Association Fee Frequency
Monthly
Parcel Number
4292021051
Total Units
43.0
Living Area
1538

Location

Listing Courtesy of Compass, David Kelmenson, DRE #01435306
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LISTING UPDATED: 02/24/2024 12:33 PM

Property Details for 1118 3rd Street, Unit 501

StatusPending
MLS #24-351347
Days on Market11
Taxes-
HOA Fees$825 / month
Condo/Co-op Fees-
Compass TypeCondo
MLS TypeResidential / Condominium
Year Built1982
CountyLos Angeles County

Building

Wilshire Ocean Terrace

43 Units6 StoriesBuilt in 1982

Location

Listing Courtesy of Compass, David Kelmenson, DRE #01435306
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Virtual Tour

Building Information for 1118 3rd Street, Unit 501

Building/ComplexWilshire Ocean TerraceFloor5Stories6Residences43Pet PolicyAllowedYear Built1982

Payment Calculator

$12,874 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,315

Property Taxes

$1,734

HOA Dues

$825

The Payment Calculator is for illustrative purposes only.

Property Information for 1118 3rd Street, Unit 501

Community / Development
Community / Development
  • Tax Mello Roos: Unknown
  • HOA Amount: $825
  • HOA: Yes
  • Complex Name: Wilshire Ocean Terrace
  • Number Of Units: 43
  • Pets Allowed: Assoc Pet Rules, Call, Pets Permitted, Weight Limit
  • Amenities: Controlled Access, Elevator, Exercise Room, Extra Storage, Spa, Sauna, Pool, Meeting Room, Assoc Maintains Landscape, Assoc Pet Rules, Fitness Center, Outdoor Cooking Area, Other, Rec Multipurpose Rm, Security, Onsite Property Management, Gated Parking, Hot Water, Conference
  • Association Amenities: Controlled Access, Spa/Hot Tub, Sauna, Pool, Meeting Room, Pet Rules, Outdoor Cooking Area, Recreation Room, Security, Hot Water, Maintenance Grounds, Insurance, Trash, Gas, Water, Sewer
  • High Mid Rise Amenities: Entrance Lobby, Controlled Access, Mid-Rise Building, Trash Chute
  • Association Fees Include: Building and Grounds, Insurance, Trash, Water and Sewer Paid, Gas, Maintenance Paid, Water, Sewer
  • Senior Community: No
  • Earth Quake Insurance: 0
  • Management Company Name: Ross Morgan & Company
Structure Info
Structure Info
  • Building Type: Condominium, Attached
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 6
  • Unit Floor In Building: 5
  • Unit Location: Front
  • Unit Number: 501
  • View: Yes
  • View Description: Ocean, City Lights, Mountains, Other, Water
  • View: Ocean, City Lights, Mountain(s), Water
  • Planned Urban Dev: 0
  • Balcony: Yes
  • Entry Floor Number: 1
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector, Other, Gated, Exterior Security Lights, Card/Code Access, Automatic Gate
  • Direction Faces: East
  • Property Condition: Updated/Remodeled
  • Exposure: South East
  • Maids Room: false
  • Water: In Street, Other, Paid
  • Sewer: In Street
  • Water Heater Features: Central Water Heater, Other
Contract Info
Contract Info
  • Probate: No
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Land Lease Purchase: No
  • Horse: No
  • Special Zoning: Other
  • Additional Parcel Number: No
  • Lot Acreage: 0.689
  • Lot Size Square Feet: 30015
  • Lot Description: Street Lighting, Sidewalks, Exterior Security Lights, Curbs, Automatic Gate
  • Lot Location: Flats, Near Public Transit, City
Parking Details
Parking Details
  • Parking Garage: Assigned, Covered Parking, Gated Underground, Auto Driveway Gate, Door Opener, Other, Private, Subterr Side by Side
  • Total Parking: 2
  • Covered Parking: 2
  • Garage Spaces Total: 2
  • Parking Features: Assigned, Covered, Auto Driveway Gate, Garage Door Opener, Private, Side by Side
Interior Features
Interior Features
  • Room Type: Walk-In Closet, Family Room, Primary Bathroom, Formal Entry, Entry
  • Rooms: Walk-In Closet, Family Room, Master Bedroom, Patio Covered, Dining Area, Breakfast Bar, Other, Formal Entry, Entry, Patio Open
  • Levels: One
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Gas, Living Room, Gas Starter
  • Fireplace Rooms: Gas, Living Room, Gas Starter, Other
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central, Air Conditioning
  • Heating: Central, Fireplace(s)
  • Heating Type: Central, Fireplace, Other
  • Flooring: Other, Mixed, Wood
  • Equipment: Dishwasher, Dryer, Freezer, Garbage Disposal, Ice Maker, Washer, Water Filter, Refrigerator, Other, Range/Oven, Water Line to Refrigerator
  • Interior Features: Turnkey, Recessed Lighting, Laundry - Closet Stacked, Living Room Balcony, Mirrored Closet Door(s), Open Floor Plan, Other, Built-Ins
  • Room Kitchen Features: Kitchen Open to Family Room, Remodeled Kitchen, Stone Counters
  • Kitchen Features: Open to Family Room, Remodeled, Stone Counters
  • Room Bathroom Features: Jetted Tub, Shower, Shower in Tub, Remodeled
  • Bathroom Features: Shower Over Tub, Tub With Jets, Shower Stall, Shower and Tub, Remodeled
  • Bedroom Features: WalkInCloset, Master Suite
  • Common Walls: Attached
  • Cooking Appliances: Cooktop - Electric, Double Oven, Range Hood, Built-Ins, Oven-Electric
  • Laundry: In Unit, Laundry Closet Stacked
  • Eating Areas: Breakfast Counter / Bar, Dining Area, Other - See Remarks
  • Eating Area: Breakfast Counter / Bar, Dining Room, See Remarks
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: Yes
  • Pool Description: Association Pool, In Ground, Other, Private
  • Pool Features: Association, In Ground, See Remarks, Private
  • Spa: Yes
  • Spa: Hot Tub, Community, Association Spa, In Ground, Other
  • Tennis: No
  • Tennis Court: None
  • Roof: Flat
  • Fence: Wrought Iron, Other
  • Sprinklers: Sprinkler System, Sprinkler Timer
  • Door Features: Sliding Doors
  • Patio Features: Covered, Patio Open, Other - See Remarks, Living Room Deck Attached, Living Room Balcony
  • Entry Location: Main Level
  • Windows: Double Pane Windows, Window Blinds
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Other
  • Other Structural Features: Balcony, Sliding Glass Doors, End Unit
Lease Terms
Lease Terms
  • Entry Date: 02-05-2024

Property History for 1118 3rd Street, Unit 501

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1118 3rd Street, Unit 501

Taxable ValueLand$522,613Additions$1,219,431Total$1,742,044
Tax Record2023$20,814 ($1,734 / month)
Home Facts
Beds2Total Finished SqFt1,538 SqFtAbove Grade Finished SqFt1,538 SqFtLot Size30,007 SqFtStyleCondominiumYear Built1982ZoningSMR3*CountyLOS ANGELESAPN4292-021-051

Schools near 1118 3rd Street, Unit 501

This home is within Santa Monica-Malibu Unified School District.
RatingSchoolTypeGradesDistance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
RatingSchoolDistance
Roosevelt Elementary School
PublicK to 5

Lincoln Middle School
Public6 to 8

Santa Monica High School
Public9 to 12

Santa Monica Alternative (K-8) School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, David Kelmenson, DRE #01435306

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.