117 Clarissa Ave., Avalon, CA 90704 - SB20046338

Listing ID : SB20046338

Garage
4
Lot Size
2,722 Sqft
Year
2006

Description

Catalina Island~ Rare Commercial Residential multi - use investment/income property located in the destination resort town of Avalon on Catalina Island. Six units total 5,505 sq.ft. (+ /-) of living/commercial space on 3 levels. Ocean and City view roof top deck. Large commercially zoned lot of approximately 2,722 sq.ft. close to the beach and shopping. This unique property offers: 3 office spaces & a single half bath 2 residential- 2 bedroom/2 bath units that include hardwood flooring, granite counters, stainless appliances, recessed lighting, interior laundry, exterior decks, ceiling fans. The lower level has 20 foot ceilings with storage. The land is fee simple. All units are occupied.

Details

Type: Multi-Family/Income Sale

Subdivision: 1c - Catalina

MLS Area: 1C - Catalina

County: Los Angeles

Security Features: Smoke Detector(s)/Alarm(s), Fire System - Sprinkler

Tax ID: 7480015018

Cap Rate: 4.54%

Days on Market: 406

Heating: Central Forced Air

Laundry: Other

Number of Buildings: 1

Number of Units: 6

Parking Spaces: 4

Property Type: Commercial Sale

Style: Contemporary

View: Hills, Ocean

Water: District - Public

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117 Clarissa Ave., Avalon, CA 90704
Directions to here from: 155 mi

Local Statistics

Avalon

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Area Information 90704

Population:

4,131 Up .01% since 2010

Average Income:

$70,917

Average Age:

38Years

Gender:

51.14%Male
48.86%Female

Households:

1,64230.69% with children

Average Value:

$726,435

Occupancy:

24.54%Owned
75.46%Rented
36.28%Vacant

Education:

27.51%High School
5.37%Associate
15.48%Bachelor
7.18%Graduate

Average Residency:

19Years

Crime Rate:

Above Average

Annual Rainfall:

13.73Inches

Earthquake Risk:

Above Average

Hurricane Risk:

Very Low

Ozone Risk:

Average

Pollution Risk:

Average

History

Date	Transaction	Price	Mortgage Amt & Lender
Date Mar 06, 2021	Transaction Pending (Do Not Show) - Commercial Multi-Residential (5+ units)CRSB20046338	Price $2,590,000	Mortgage Amt & Lender - -
Date Jun 05, 2019	Transaction Canceled - Commercial Multi-Residential (5+ units)CROC17162062	Price $2,990,000	Mortgage Amt & Lender - -

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Listed by Earl Schrader with Catalina Realtors

Based on information from the MLSListings MLS) as of 4/13/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than iPro Real Estate are marked with the Internet Data Exchange icon (a stylized house inside a circle) and detailed information about them includes the names of the listing brokers and listing agents. Based on information from the MLSListings MLS) as of 4/13/2021. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. ©2021 MLSListings Inc. All rights reserved. Data updated approximately every 30 minutes

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117 Clarissa Ave. - $2,590,000