303 Crescent AVE Active Save Request In-Person Tour Request Virtual Tour
Avalon,CA 90704
Key Details
Property Type Commercial
Sub Type Special Purpose
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB24220823
HOA Y/N No
Year Built 1982
Annual Tax Amount $44,739
Tax Year 2023
Lot Size 4,347 Sqft
Property 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.
Location
State CA
County Los Angeles
Area 1C - Catalina
Zoning AVC1*
Rooms
Other Rooms Living Quarters
Interior
Heating Central,Forced Air
Cooling None
Inclusions Some furnishings
Fireplace No
Appliance Dryer,Washer
Laundry Inside,Laundry Room,Upper Level
Exterior
Fence None
Community Features Fishing
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected,Water Connected
Waterfront Description Across the Road from Lake/Ocean,Beach Access,Beach Front,Bayfront,Ocean Front
Present Use Commercial
Building
Lot Description Rectangular Lot,Value In Land,Walkstreet
Story 3
Water Public
Additional Building Living Quarters
Others
Tax ID 7480017023
Security Features Fire Sprinkler System
Acceptable Financing Cash,Cash to New Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,1031 Exchange
Special Listing Condition Standard,Trust,No Smoking