$27,500,000

901 Ocean Avenue, Santa Monica, CA 90403

  • 30,954 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1961
  • Property Lot Size Icon0.34acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $888/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

CALL FOR OFFERS | DUE WEDNESDAY, APRIL 8, 2026, BY 5PM | COURT ORDERED RECEIVERSHIP SALE | On behalf of Douglas P. Wilson, Court Appointed Receiver, CBRE is pleased to exclusively present Ocean Santa Monica Apartments, a generational opportunity to acquire a coastal bluff asset along one of the most tightly held stretches of Ocean Avenue in Santa Monica. Positioned between Montana Avenue and Wilshire Boulevard, 901 Ocean Avenue commands sweeping Pacific Ocean and Santa Monica Mountain views from the majority of the units, with all west-facing residences enjoying full, unobstructed ocean exposure and numerous additional units capturing direct water views. Ocean Avenue north of Wilshire is defined by long-term ownership and limited multifamily inventory. Apartment assets along this corridor rarely trade, reinforcing the enduring scarcity of the location. Situated on an expansive 15,011 square foot double lot and encompassing approximately 30,954 square feet of improvements, the scale, frontage, and bluff-top positioning create a coastal offering that is increasingly difficult to replicate under today's regulatory and development constraints. Originally constructed in 1961 and 1970 and comprehensively renovated in 2015, 2021, and 2022, the 28-unit property features 18 one-bedroom/on

Listing Status:
Active
Date Added:
March 5, 2026
Data Last Updated:
April 4, 2026 at 8:09PM
Listing Office:
CB Richard Ellis, Inc. :
Listing Agent:
Priscilla Nee : 310-550-2508
MLS ID:
CL26660407
  • Laundry: Common Area
  • Flooring: TileWoodBamboo
  • Parking: CoveredAssignedOther
  • General: StuccoWood SidingOther
  • County: Los Angeles
  • Zoning: SMR3*4292026024
  • View: OtherOceanView

This listing courtesy of Priscilla Nee , CB Richard Ellis, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Roosevelt Elementary School

801 Montana Ave, Santa Monica, CA, 90403

Grades KG-5

0.59 miles away

L

Lincoln Middle School

1501 CA Ave, Santa Monica, CA, 90403

Grades 6-8

1.07 miles away

S

Santa Monica High School

601 Pico Blvd, Santa Monica, CA, 90405

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.