OceanAire, a 1963 high-rise in Santa Monica.
OceanAire is a mid-century modern high-rise at 535 Ocean Ave in Santa Monica, designed by noted architect A. Quincy Jones and completed in 1963, with a comprehensive renovation carried out in 2001. The tower holds 48 residences with floor plans spanning approximately 1,500 to 4,500 square feet, floor-to-ceiling glass, and wraparound balconies. Building amenities include a Zen garden, fitness center, and concierge service, close to the beach and the Santa Monica farmers market. The building rises 13 stories.
Contact a Condos of LA advisor for current availability, pricing, and a private tour of OceanAire.
Condos for sale & rent at OceanAire
Listings update automatically from the MLS. Availability and pricing are provided by the listing brokerages.
Recent sales at OceanAire
| Date | Residence | Beds/Baths | Sq Ft | Sale price | $/Sq Ft | HOA dues |
|---|---|---|---|---|---|---|
| Jul 2026 | 8A | 3 bd · 2 ba | 1,781 | $3,000,000 | $1,684 | $2,350/mo |
| Feb 2026 | 8C | 2 bd · 2 ba | 1,585 | $2,650,000 | $1,672 | $2,280/mo |
| Jan 2026 | 5C | 2 bd · 2 ba | 1,585 | $2,265,000 | $1,429 | $2,280/mo |
| Feb 2025 | 5B | 2 bd · 2 ba | 1,781 | $4,999,000 | $2,807 | $2,167/mo |
| Feb 2025 | 2A | 3 bd · 2 ba | 1,781 | $3,700,000 | $2,077 | $2,166/mo |
| Nov 2024 | 10C | 2 bd · 2 ba | 1,585 | $2,550,000 | $1,609 | $2,093/mo |
| Sep 2023 | 6A | 3 bd · 2 ba | 1,781 | $3,675,000 | $2,063 | $1,802/mo |
| Apr 2023 | 5A | 3 bd · 2 ba | 1,781 | $3,225,000 | $1,811 | n/a |
Closed sales at OceanAire from MLS records.
Amenities & services
What to know before you buy at OceanAire
The details that make or break a condo decision: current HOA dues and what they cover, parking, and the building's pet & leasing rules. Our advisors pull these straight from the building's HOA documents for any residence you're weighing.
Learn moreCompiled from public sources · last reviewed July 2026. We confirm current dues, reserves, lender and policy details for any residence you're considering.
Can you finance a condo at OceanAire?
OceanAire has 48 residences, so a conventional loan here requires a Full Review of the HOA's finances, the standard for every building over 10 units since August 3, 2026. From January 4, 2027, that review tests whether the budget puts at least 15% of dues into reserves, or funds the reserve study's top recommendation. The test reads the reserve line in the budget, and it's the loan application date that decides which rule applies.
Because OceanAire dates to 1963, ask the HOA whether the building has an open seismic retrofit order. If it does, lenders may treat an unfunded retrofit as a critical repair. Retrofit rules in LA, explained.
Which loan you use changes the rules. Conventional loans run to $1,249,125 in LA County in 2026, jumbo lenders above that apply their own condo rules, and non-QM loans typically mean more down and a higher rate.
Tell us which residence you're weighing. Tyler or Michael will follow up personally with what to request from the HOA and what we find in it.
Get a building check for OceanAireBackground: what warrantable and non-warrantable mean, and how the 2027 condo loan rules work.
General information as of October 27, 2026, not lending advice. Lenders apply their own rules, and only a lender's review decides whether a loan works at OceanAire.
In the heart of Santa Monica
OceanAire places you at the center of Santa Monica, with the neighborhood's dining, shopping and character just outside your door and the rest of Los Angeles within easy reach.