$695,000
$795,000
12.6%For more information regarding the value of a property, please contact us for a free consultation.
2,561 Sqft Lot
SOLD DATE : 10/17/2023
Key Details
Sold Price $695,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23145456
Sold Date 10/17/23
Construction Status Repairs Cosmetic
HOA Y/N No
Year Built 1907
Lot Size 2,561 Sqft
Lot Dimensions Public Records
Property Description
This property includes three residential units--a two-story building with one studio apartment upstairs and one studio apartment downstairs plus a free-standing one-bedroom residence. Each of the three units is nearly 400 square feet in size and includes a kitchen and full bath. Great location on a parcel behind Whittley Avenue, accessed from the public staircase on Bonita Way which is not ADA compliant. The neighboring downhill parcel, which fronts on Whittley Avenue, bears the same address and is not included in this offering. Please do not disturb residents of that property. There are partial harbor/ocean views from two of these furnished units. The property features an exceptionally large 2,560 square foot parcel with a mostly level yard featuring mature trees, bushes and room for outdoor furniture and possibly a deck. The Seller has owned the property since 2001 and it has reportedly not been rented for the last two years. Public records report the property as being a duplex with lesser total building square footage. Seller does not know if the third unit is permitted. Current and projected income and expenses are estimated and should be confirmed by the Buyer. The property is move-in ready for owner or tenant occupancy and the Buyer may wish to check with the City of Avalon regarding potential for short-term rentals.
Location
State CA
County Los Angeles
Area 1C - Catalina
Zoning AVR3*
Interior
Interior Features Ceiling Fan(s), Laminate Counters, Partially Furnished, Tile Counters, Bedroom on Main Level
Heating None
Cooling None
Flooring Laminate
Fireplaces Type None
Fireplace No
Appliance Gas Oven, Gas Range, Refrigerator, Water Heater
Laundry None
Exterior
Garage None
Fence Wood
Pool None
Community Features Golf, Hiking, Preserve/Public Land, Water Sports, Fishing, Marina
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Waterfront Description Ocean Access
View Y/N Yes
View Bay, Catalina, Coastline, Harbor, Hills, Marina, Neighborhood, Ocean, Water
Roof Type Composition
Parking Type None
Private Pool No
Building
Lot Description Sloped Down, Flag Lot, Garden, Irregular Lot, Lawn, Landscaped, Over 40 Units/Acre, Sloped Up, Walkstreet, Yard
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Bungalow, Cottage
Level or Stories Two
New Construction No
Construction Status Repairs Cosmetic
Others
Senior Community No
Tax ID 7480028041
Acceptable Financing Cash, Conventional, 1031 Exchange, Land Use Fee
Listing Terms Cash, Conventional, 1031 Exchange, Land Use Fee
Financing Cash
Special Listing Condition Standard
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Bought with Carl Reinhart • Carl Reinhart, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "