515 Ocean Avenue, Santa Monica, CA 90402

North of Montana, Los Angeles
Building in North of Montana
1 Stories
Built in 1976
515 Ocean Avenue - Photo 1
515 Ocean Avenue, Apt SPHB
North of Montana, Los Angeles
$15,500
|
2 Bed
|
4 Bath
By Chris Hicks
515 Ocean Avenue - Photo 1
515 Ocean Avenue, Apt 407S
North of Montana, Los Angeles
$8,500
|
2 Bed
|
2 Bath
By Kathy Ellis
Welcome to 515 Ocean Avenue, a building located in North of Montana, Los Angeles in Santa Monica, CA. As a quick overview, these are the most up-to-date information we've collected about the property. The building itself was built in 1976. This is a single story building. According to local assessors, the total value of the building is currently valued at $5,655,649. Specifically, the value of the land that the property sits on has been assessed at $3,770,434. The building was last assessed in 2023.

Here's what we know about the features and amenities in this building. While there is no garage access for residents, you will probably be able to find a local garage to park your car at instead. We are not sure what system the building uses for cooling. Sadly, informaton related to the heating system was not disclosed. Are you a fan of fireplaces? Good news! This property has one single fireplace. There is no porch or patio on the premise of the property. For those who love to swim, you'll want to check out community pools nearby as this particular property does not have a swimming pool. The local assessor's office has not provided us with information related to the roof cover material and the type of roof the building has.
Amenities
Elevator
Fitness Center
Policies
Cats Allowed
Dogs Allowed
Facts
General
Year Built
1976
Effective Year Built
1981
Building Count
1
Total Rooms
7
Bedroom Count
3
Bathroom Count
5
Full Bathrooms
5
Partial Bathrooms
5
Building Condition
Excellent
Building Quality
unknown
Construction Type
Steel
Building Style
Contemporary
Exterior Walls Type
Stucco
Interior Walls Type
unknown
Roof Shape Type
unknown
Roof Cover Type
Gravel/rock
Floor Count
1
Living Units
1
Floor Cover
unknown
Basement Type
unknown
Basement Area
0
Garage Type
unknown
Parking Space Count
2
Patio Type
unknown
Porch Type
unknown
Pool Type
Pool
Unit Count
Building Floor Area
Floor Area Ratios
Building
Building Type
unknown
Property Class
Residential
Subdivision
PARK PLAZA
Land Acres
1.548
Standard Land Use Code
Condominium unit (residential)
County Land Use Code
unknown
Legal Description 1
*TR=31404 CONDOMINIUM*UNIT 41
Ownership
Current Owner
KORN SAMUEL
Current Owner's Name
KORN SAMUEL & ALIZA M TRS
Current Owner 2
KORN ALIZA M
Current Owner 2's Name
SAMUEL & ALIZA M KORN TRUST
Previous Owner
SACHS MICHAEL D
Previous Owner's Name
SACHS JEROME M
Owner Address - City
SANTA MONICA
Owner Address - State
CA
Owner Address - ZIP Code
90402
Second Owner Is a Corporation
Yes
Owner Before Previous Owner
ROGNLIEN ADELE
Owner Before Previous Owner 2
THE ADELE ROGNLIEN TRUST
Ownership Rights Codes
unknown
Current Owner Is a Corporation Indicator
Yes
Neighborhood
School District Name
Santa Monica-Malibu Unified School District
Census Tract
701304
Census Block Code
3020
Census Group
3
Census Year
2018
Census - Combined Statistical Area - Area Code
348
Census - Combined Statistical Area - Area Name
Los Angeles-Long Beach, CA
Census - County FIPS
06037
Census - Full FIPS
060377013043020
Census - Metropolitan Division - Area Code
31084
Census - Metropolitan Division - Area Name
Los Angeles-Long Beach-Glendale, CA
Census - Metro Micro Statistical Area - Area Code
31080
Census - Metro Micro Statistical Area - Area Name
Los Angeles-Long Beach-Anaheim, CA
Census - Metro Micro Statistical Area - Area Type
metropolitan
Census - Place FIPS
0670000
Census Source
US Census Bureau
Census State FIPS
06
Census Tract Code
701304
School District - Unified - Grade High
12
School District - Unified - Grade Low
KG
School District - Unified - LEA Code
0635700
School District - Unified - Name
Santa Monica-Malibu Unified School District
Zoning
Zoning
SMR4*
Geography
Assessors Map Reference
40-E6
Subdivision Tract Number
31404
Parcel
4293-008-091
Lot
1
Lot Code
unknown
Municipality
WEST /VEN/MARINA/M.V.
Latitude
34.0247
Longitude
-118.51
FIPS
06037
Mailing Carrier Code
C010
Mailing Full Street Address
515 OCEAN AVE
Mailing House Number
515
Mailing Street Mode
AVE
Mailing Street
OCEAN
Mailing 4-Digit Zip Code
2609
Geo Status Code
unknown
Valuation
Timestamp
2024-02-21 21:20:28
UCID Flag
C
More About The Building
In total, the building area is listed as 3,175 square feet. Fun fact, were you aware that buildings can shift depending on temperatures outdoors? This might remind you of middle school science classes, but heat will cause most materials to expand while the cold will cause them to contract. As a result, many architects and engineers often have to make sure that control joints are made up of the right materials and in good condition. The building class code for 515 Ocean Avenue is unknown but given the importance of this information, we will work to update this data as soon as possible.

Interested in learning more about the neighborhood that the property is located in? Buildings in the North of Montana area have a median price of $8,825. Those in the 25th percentile, have a price around $4,999. While those in the 75th percentile, have a price around $15,625. Typically, the buildings in this area have a median sqft of 1,493. That means that the median price per sqft is around $6. In other words, the price per sqft for buildings in the 25th percentile is $5. While the price per sqft for buildings in the 75th percentile is $8. As a breakdown, we've included the following stats:

  • There are currently a total of 5 studio listings. The median price for these types of listings is $4,100. That's $7.75 price per sqft.

  • There are currently a total of 10 one bedroom listings. The median price for these types of listings is $4,675. That's $5.96 price per sqft.

  • There are currently a total of 14 two bedroom listings. The median price for these types of listings is $8,075. That's $5.40 price per sqft.

  • There are currently a total of 11 three bedroom listings. The median price for these types of listings is $12,500. That's $7.56 price per sqft.

  • There are currently a total of 12 four bedroom listings. The median price for these types of listings is $22,000. That's $5.51 price per sqft.
About The Area
515 Ocean Avenue is located in Los Angeles County, California. There are 10,057,155 people living here. There are 3,281,845 households. Most of these households have an average family size of 3.69 people. According to the census, 54% are currently renting while 46% own their homes. The median age of this population is around 35.8 years old. On average, most folks in the county are unmarried. About 57% of folks speak a language other than English in this area. The area's employment rate is currently around 58.6%. Speaking of employment, the median income is $57,952. Most folks will commute by car for around 30.4 minutes. Finally, we know that 21% of residents in the area have graduated with their high school degree. Additionally, 20% and 11% have their Bachelor's and Master's degree, respectfully.

Moving on to the urban area level. Los Angeles - Long Beach - Anaheim, CA Urban Area has a population of 12,492,745 people. Based on census records, there are 4,042,635 registered households. Families in this area are on average made up of 3.68 people per household. Most folks are unmarried. They are also typically around 35.9 years old. Does diversity matter to you? Right now, 56% of folks speak a language other than English here. About 53% rent while 47% purchased their homes. Right now, the community is made up of 20% of residents who have graduated with at least a high school degree. On top of that, 21% have a Bachelor's degree and 11% have a Master's degree. The employment rate is currently around 59.3%. Those employed, have a median income of $60,884. If you move here, you can expect to commute mostly by car for around 29.6 minutes.

$4,100
Studio Median Rent
$4,675
1BR Median Rent
$8,075
2BR Median Rent
$12,500
3BR Median Rent
PUBLIC TRANSIT
9
4TH SB & MARGUERITA FS (0.23 mi - 5 min walk)
Big Blue Bus
9
4TH NB & MARGUERITA FS (0.24 mi - 6 min walk)
Big Blue Bus
9
4TH SB & ALTA FS (0.26 mi - 6 min walk)
Big Blue Bus
9
4TH NB & ALTA FS (0.26 mi - 6 min walk)
Big Blue Bus
9
4TH SB & SAN VICENTE FS (0.30 mi - 7 min walk)
Big Blue Bus

Nearby Schools

(within attendance boundary)
Roosevelt Elementary  •  0.61 mi
801 Montana Ave., Santa Monica, CA 90403
Public  •  Elementary  •  Grades KG to 5
Santa Monica-malibu Unified School District
Lincoln Middle  •  1.26 mi
1501 Ca Ave., Santa Monica, CA 90403
Public  •  Middle School  •  Grades 6 to 8
Santa Monica-malibu Unified School District
Santa Monica High  •  1.75 mi
601 Pico Blvd., Santa Monica, CA 90405
Public  •  High School  •  Grades 9 to 12
Santa Monica-malibu Unified School District
School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.
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