1118 3rd Street, Unit 503

Santa Monica, CA 90403

$2,100,000
Price
2
Beds
2
Baths
1,585 Sq. Ft.
$1,325 / Sq. Ft.
1,585
Sq. Ft.
$1,325
per Sq. Ft.

Description

Ocean View Luxury: 2-Bedroom, 2-Bath Condo in Prime Santa Monica. Discover the ultimate in coastal living at 1118 3rd Street #503, a stunning west-facing 2-bedroom, 2-bathroom condo located on the 5th floor of the prestigious Wilshire Ocean Terrace. Perfectly positioned just three blocks from the ocean, Palisades Park, and the vibrant 3rd Street Promenade, this home is also steps from Wilshire Boulevard's world-class dining and shopping, and within the sought-after Roosevelt School district. Inside,...Ocean View Luxury: 2-Bedroom, 2-Bath Condo in Prime Santa Monica. Discover the ultimate in coastal living at 1118 3rd Street #503, a stunning west-facing 2-bedroom, 2-bathroom condo located on the 5th floor of the prestigious Wilshire Ocean Terrace. Perfectly positioned just three blocks from the ocean, Palisades Park, and the vibrant 3rd Street Promenade, this home is also steps from Wilshire Boulevard's world-class dining and shopping, and within the sought-after Roosevelt School district. Inside, the spacious and bright open-concept floor plan is designed to maximize natural light and ocean views. All bedrooms feature direct sliding door access to an expansive west-facing balcony perfect for enjoying breathtaking sunsets and cool ocean breezes. The primary suite offers a generous layout with a large walk-in closet and an elegant en-suite bathroom complete with a large soaking tub, grand walk-in shower, and dual sinks. The second bedroom is equally spacious and versatile, perfect for guests, family, or a home office. The modern kitchen includes sleek countertops, ample cabinetry, and premium appliances, while the living and dining areas flow seamlessly for easy entertaining. A separate in-unit laundry room with a guest entrance adds convenience and privacy. Wilshire Ocean Terrace residents enjoy exclusive amenities, including: Secure building with an updated lobby and on-site manager, Pool, spa, sauna, and modern gym, Conference room and outdoor lounge/dining areas, Gated parking with two side-by-side spaces and a private storage area. Located in the heart of Santa Monica's Wilshire-Montana neighborhood, this condo offers the best of beachside living, with easy access to hiking trails, bike paths, farmers markets, and boutique shops on Montana Avenue. Don't miss this rare opportunity to own a luxurious, turn-key residence in one of Santa Monica's most coveted buildings. Live the dream at 1118 3rd Street #503! See PVT remarks for showing requests.
  1. Listed by Brian Maser • DRE #01340306 • Brokerage DRE #01834648 • The Condo Experts

Property Details for 1118 3rd Street, Unit 503

Water Front
Ocean
Zoning
SMR3*
Style
Contemporary
Cross Streets
Wishire Blvd and 3rd Street
Association Fee Frequency
Monthly
Parcel Number
4292021053
Total Units
30.0
Living Area
1585
LISTING UPDATED: 12/13/2024 12:01 AM

Property Details for 1118 3rd Street, Unit 503

StatusActive
MLS #24-467435
Days on Market12
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

Building Information for 1118 3rd Street, Unit 503

Building/ComplexWilshire Ocean TerraceFloor5Stories6Residences43Pet PolicyAllowedYear Built1982

Property Information for 1118 3rd Street, Unit 503

Community / Development
Community / Development
  • HOA Amount: $825
  • HOA: Yes
  • Complex Name: Wilshire Ocean Terrace
  • Number Of Units: 30
  • Pets Allowed: Yes
  • Amenities: Assoc Pet Rules, Clubhouse, Controlled Access, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Parking, Guest Parking, Pool, Spa, Conference, Rec Multipurpose Rm, Sauna
  • Association Amenities: Pet Rules, Clubhouse, Controlled Access, Pool, Spa/Hot Tub, Recreation Room, Sauna
  • High Mid Rise Amenities: Controlled Access
  • Senior Community: No
Structure Info
Structure Info
  • Building Type: Attached, Condominium
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 6
  • Unit Floor In Building: 5
  • Unit Number: 503
  • View: Yes
  • View Description: City, City Lights, Coastline, Ocean, Water, Tree Top, Trees/Woods, Other, Mountains
  • View: City Lights, Coastline, Ocean, Water, Trees/Woods, Mountain(s)
  • Planned Urban Dev: 0
  • Balcony: Yes West
  • Entry Floor Number: 5
  • Security Features: Automatic Gate, Card/Code Access, Community, Carbon Monoxide Detector(s), Gated, Other, Resident Manager
  • Direction Faces: West
  • Property Condition: Updated/Remodeled
  • Exposure: West
Contract Info
Contract Info
  • Lease Considered: No
  • Available For Lease: No
  • Lease Option: false
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Land / Lot Info
Land / Lot Info
  • Special Zoning: Property Report
  • Lot Acreage: 0.689
  • Lot Size Square Feet: 30015
Parking Details
Parking Details
  • Parking Garage: Community Garage, Controlled Entrance, Covered Parking, Door Opener, Gated Underground, Parking for Guests - Onsite, Parking Space, Side By Side, Subterr Side by Side
  • Total Parking: 2
  • Covered Parking: 2
  • Parking Features: Community Structure, Controlled Entrance, Covered, Garage Door Opener, Guest, Parking Space, Side by Side
Interior Features
Interior Features
  • Room Type: Living Room, Primary Bathroom, Walk-In Closet, Entry, Family Room
  • Rooms: Breakfast Bar, Living Room, Master Bedroom, Patio Covered, Walk-In Closet, Breakfast Area, Breakfast, Bar, Entry, Family Room, Other, Patio Open
  • Levels: One
  • Fireplace: Yes
  • Fireplaces: 1
  • Fireplace Features: Decorative, Gas, Living Room
  • Fireplace Rooms: Decorative, Gas, Living Room
  • Den: No
  • Family Room: 1
  • Dining Room: 0
  • Furnished: Unfurnished
  • Cooling: Central Air
  • Cooling Type: Central
  • Heating: Central
  • Heating Type: Central
  • Flooring: Hardwood, Mixed, Tile
  • Equipment: Built-Ins, Dishwasher, Dryer, Microwave, Washer, Refrigerator, Range/Oven, Elevator, Vented Exhaust Fan
  • Room Bathroom Features: Remodeled
  • Bathroom Features: Remodeled
  • Common Walls: Attached
  • Laundry: In Unit, Laundry Area, Room
  • Eating Areas: Breakfast Area, Breakfast Counter / Bar, Dining Area, Formal Dining Rm, In Kitchen, Kitchen Island, Other - See Remarks
  • Eating Area: Breakfast Counter / Bar, Dining Room, In Kitchen, See Remarks
Exterior Features
Exterior Features
  • Pool: Yes
  • Private Pool: No
  • Pool Description: Association Pool, Exercise Pool, Heated, Community
  • Pool Features: Association, Exercise Pool, Heated, Community
  • Spa: Yes
  • Spa: Above Ground
  • Patio Features: Living Room Balcony, Other - See Remarks, Patio Open, Balcony, Wrap Around Porch
  • Entry Location: Other
  • New Construction: No
  • Other Structural Features: Balcony
Lease Terms
Lease Terms
  • Entry Date: 12-05-2024

Property History for 1118 3rd Street, Unit 503

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 503

Taxable ValueLand$1,793,578Additions$448,393Total$2,241,971
Tax Record2024$26,515 ($2,210 / month)
Home Facts
Beds2Total Finished SqFt1,585 SqFtAbove Grade Finished SqFt1,585 SqFtLot Size30,007 SqFtStyleCondominiumYear Built1982ZoningSMR3*CountyLOS ANGELESAPN4292-021-053

Schools near 1118 3rd Street, Unit 503

This home is within Santa Monica-Malibu Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
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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1118 3rd Street, Unit 503 is a condo for sale in Santa Monica, CA 90403. This property was listed for sale on December 5, 2024 by The Condo Experts, it's currently listed at $2,100,000. It has been on the market for a total of 12 days and was last sold on February 22, 2019. This listing's school district is Santa Monica-Malibu Unified School District. Nearby schools include Roosevelt Elementary School, Lincoln Middle School and Santa Monica High School. 1118 3rd Street, Unit 503 is a 2-bed, 2-bath, 1,585 sqft condo built in 1982.

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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Condo Experts, Brian Maser, DRE #01340306

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.