May 9, 2025 Breaking News, Latest News, and Videos

New Billionaire Towers Revealed: First Phase Sells $80 Million

By Samuel Harwood

Santa Monica’s greatest sources of glamor – the ocean, entertainment and real estate – came together at the launch party for 201 Ocean Ave Saturday February 29.

Known as the “billionaire towers” the complex overlooking the ocean at San Vicente houses athletes, celebrities, and international businessmen. The real estate team seeking to sell a new slew of units is led by Ryan Serhant of “Million Dollar Listings New York” which was filming the event. (He also played “Hedge Fund Dave” in the film “While We’re Young”).

The 318 unit conversion highlights 1-3 bedroom units ranging from $1 to $5 million, most of which have an ocean view.

According to Serhant’s managing partner Sebastian Wolski, selling the residences amounts to “One of the biggest projects ever by any broker…Our total sellout on the first phase is close to about $80 million in sales.” The centerpiece of the launch event was a tour of the units themselves with the hope of selling their highest priced unit, a 1744 square foot two bedroom, three bath oceanside apartment valued at $4.7 million replique de montre.

Prior to the tour guests and potential buyers settled in with a live DJ and complimentary beverages from the event’s sponsors.

Wolski and other representatives of the Serhant team were unambiguous in stating both the profit-driven ends of the event and the superrich coterie they were aiming for. As Wolski said, “We want to get as many people interested in purchasing as we can.”

“You can’t beat it,” he added.  “It’s oceanside in Los Angeles, the tallest residential towers. It’s the best place ever.”

in News
<>Related Posts

Sunshine Beach Volleyball Camps: Register Open for Summer Camps

May 8, 2025

May 8, 2025

Summer is coming. For young volleyball athletes, that means registration for the Sunshine Westside Beach Camp and South Bay Beach...

World-Class Brew: Santa Monica’s Own Takes Home Top Beer Honors

May 8, 2025

May 8, 2025

Basil, Citrus, and Craftsmanship: See Which Local Brewery Just Won Big Santa Monica Brew Works (SMBW) just took home a...

Film Review: Thunderbolts*

May 8, 2025

May 8, 2025

FILM REVIEWTHUNDERBOLTS*Rated PG-13126 MinutesReleased May 2nd The Thunderbolts are a highly unique part of the Marvel Comics universe of superheroes...

Santa Monica Cashier Cited for Selling Alcohol to Minor

May 8, 2025

May 8, 2025

The ABC is conducting compliance checks statewide The Santa Monica Police Department cited a retail clerk at Bristol Farms, located...

Santa Monica Pier to Host Final Locals’ Night of the Season on May 15

May 8, 2025

May 8, 2025

Highlights include a classic car show, free salsa lessons, and performances by punk bands Cycotic Youth and No Reaction The...

(Video) A Fourth Palisades Restaurant Reopens Months After the Wildfires

May 8, 2025

May 8, 2025

The Reopening Coincided with Cinco de Mayo Celebrations The Reopening Coincided with Cinco de Mayo Celebrations. pic.twitter.com/gHgWqVSjY8 — Santa Monica...

Shore Hotel: Your Destination for Local Events, Celebrations

May 8, 2025

May 8, 2025

Cinco de Mayo, Pride Month and More Parties This Summer Shore Hotel, a luxury hotel nestled in the heart of...

(Video) Petitgrain Boulangerie’s Party For Its One Year Anniversary

May 8, 2025

May 8, 2025

We got the gifts with a DJ, free cookies, croissants and affogatos. Congratulations to the co-owners Clémence de Lutz and...

(Video) Socalo’s Cinco de Mayo Celebration

May 8, 2025

May 8, 2025

Co-Owner Susan Feniger Offers Diners Chapulines While Co-Owner Mary Sue Milliken works behind the scenes. Chef Makes Tlayudas on the...

Badmaash to Open Third Location in Venice This Summer

May 8, 2025

May 8, 2025

In a shift toward wellness-conscious dining, the new menu will emphasize brothy soups, raw preparations, and lighter dishes The popular...

Meet the Man Behind the Burritos: Severiano Gonzalez Marks Four Decades at Tito’s Tacos

May 7, 2025

May 7, 2025

One Man’s Dedication, Four Decades of Flavor: Tito’s Senior Cook Speaks By Dolores Quintana Severiano Gonzalez is the senior cook...

Chef Zach Pollack Opens Italian-Californian Restaurant Cosetta in Santa Monica

May 7, 2025

May 7, 2025

The menu includes bar offerings like bluefin tartare with ossobuco aioli and small plates such as burrata agnolotti salad Cosetta,...

Santa Monica Physical Therapist Arrested for Sexual Battery; Police Seek Additional Victims

May 7, 2025

May 7, 2025

The arrest stems from a February 19 report of a suspected sexual battery at Select Physical Therapy A licensed physical...

Tyla Teams Up with Erewhon for Limited-Edition “Bliss” Smoothie Benefiting Girls’ Education

May 7, 2025

May 7, 2025

Tyla’s Smoothie Is Here. Blissfully Bright, Nutrient-Packed, and for a Good Cause Erewhon has teamed up with Grammy-winning musician Tyla...

Camp Integem: Step into the Future

May 7, 2025

May 7, 2025

Explore, Create, and Launch Beyond! This summer, kids are invited to make magic as they journey into the fun-filled, hands-on...