303 Crescent Avenue, Avalon, CA 90704
  • MLS#: SB24220823 ( Specialty )
  • Street Address: 303 Crescent Avenue
  • Viewed: 2
  • Price: $7,200,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1982
  • Bldg sqft: 0
  • Days On Market: 18
  • Additional Information
  • County: LOS ANGELES
  • City: Avalon
  • Zipcode: 90704
  • Provided by: Catalina Realtors
  • Contact: Jordan Jordan
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    Catalina Island ~ Avalon front street prime location, retail / residential building. Built in 1982 this 3 story building has 9,048 sq ft +/ of rentable space. Retail space 6,000 sq ft +/ is currently being used by a prominent bank which is the only bank in the town of Avalon, and a second local business. The upstairs 3,048 sq ft +/ penthouse apartment offers luxurious living space with an amazing view of the harbor and 4 Bedrooms, 2.5 Bathrooms to accommodate many guests. Other features include spacious living room with a bar and balcony. Elevator to accommodate accessibility. Two private outdoor patios to use as you please, and the property comes with a short term rental license so you can generate additional income by renting out this highly desirable space. This property is literally next to the beachfront, restaurants, bars, and retail shops. Avalon is a wonderful place to escape to and work remotely. Seize this investment opportunity to own one of Avalon's premier retail spaces and make your fantasies a reality.
Property Location and Similar Properties
Request More Information
  • All fields are required.
Contact Patrick Adams
Contacting Patrick Adams
  • All fields are required.
Schedule A Showing
Schedule a Showing.
  • All fields are required.
Check this box to Register with us:
Features
Accountingtype
  1. ProForma
Assetclass
  1. Retail
Building Area Total
  1. 9048.00
Building Features
  1. Elevators
  2. Living Quarters
  3. Rec Room
Commoninterest
  1. None
Construction Materials
  1. Block
  2. Drywall Walls
  3. Stucco
Cooling
  1. None
Country
  1. US
Current Financing
  1. None
Current Use
  1. Commercial
Electric
  1. Standard
Exclusions
  1. Tenant's personal and business items
  2. furnishings.
Fencing
  1. None
Heating
  1. Central
  2. Forced Air
Inclusions
  1. Some furnishings
Land Use
  1. Retail
Laundry Equipment Own Lease
  1. Own
Laundry Features
  1. Dryer Included
  2. Individual Room
  3. Inside
  4. Upper Level
  5. Washer Included
Netoperatingincome
  1. 392510.00
Parcel Number
  1. 7480017023
Property Type
  1. Specialty
Retail Square Footage
  1. 6000
Security Features
  1. Fire Sprinkler System
Signage
  1. Sign on Building
Totalmonthlyrent
  1. 32709
Utilities
  1. Cable Available
  2. Electricity Connected
  3. Natural Gas Connected
  4. Phone Connected
  5. Sewer Connected
  6. Water Connected
Waterfront Features
  1. Across the Road from Lake/Ocean
  2. Bay Front
  3. Beach Access
  4. Beach Front
  5. Fishing in Community
  6. Ocean Front
Water Source
  1. Public
Year Built
  1. 1982
Year Built Source
  1. Assessor
Zoning
  1. AVC1*