Bank-Owned. Unlike any other bank-owned property, state-of-the art, redone and perfect move in condition unit, with upgrades that may be on your wish list. Located on the most desirable ocean front street. Not just in the City of Santa Monica, but perhaps most anywhere that one can see the blue Pacific Ocean. Inside, there is a breathtaking view of the city and mountains. Since it is situated on the 16th floor, the view is maximized and panoramic. The building is guarded with valet, security, doorman, pool, spa, fitness center, and community room. Agents save yourself time and please read the private remarks. The building is a Co-op with an underlying corporate loan. A portion is assessed to each unit based on the shares in the corporation. This unit has 371 shares, a mortgage fee of $1,229.19 + Monthly Maintenance fee of $1,473.69. Total Monthly Payment = $2,702.88. Sales in Ocean Towers are subject to approval by the Board. All buyers must be approved by the board. Sold in "As-Is, Where-Is "condition. Information is not guaranteed. Buyer's to investigate, verify,and rely on their own findings, including but not limited to permits.