117 Clarissa Ave., Avalon, CA 90704 - SB20046338 - iPro Real Estate

117 Clarissa Ave.
Avalon, CA 90704

Sold, Multi-Family/Income Sale

For Sale

$2,590,000 $951.51 per sqft

Free Professional CMA

Listing ID : SB20046338

  • Beds

    4
  • Garage

    102600
  • 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 
County: Los Angeles 
Tax ID: 7480015018
Cap Rate: 4% 
Net Operating Income: $102,600 
Number of Units: 6 
Property Type: Residential Income 
Sub Type: Multi Family 
Zoning: Assessor 

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33.342583 -118.324966 $2,590,000 SB20046338
117 Clarissa Ave., Avalon, CA 90704
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Listed by Earl Schrader with Catalina Realtors