373 E Whittley Av Avalon, CA 90704

$1,300,000
Avalon, CA   90704
6 Beds, 4.0 Baths, 3,120 sq ft, 3,374 sq ft lot, Built in 1960
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6 Beds,
4.0 Baths,
3,120 sq ft,
3,374 sq ft lot
Built in 1960

Description

MLS# OC20229229

Luxury Live Auction! Bidding to start from $1,300,000! Upcoming Showings Available - MUST CALL FOR APPOINTMENT CONFIRMATION Sunday, December 6 1-3pm We can pick you up from the ferry terminal or anywhere in town with our golf cart to bring you to the property and back once your tour is finished. With a current cash flow of $130,000 yearly during the Covid environment and potential to easily bring the cash flow to well over $150,000 yearly or more, this property has an AMAZING cap rate and is an excellent investment in one of the most desirable Southern California coastal vacation areas. One of a kind tri-plex with gorgeous views and a great investment opportunity. The top unit has been completely renovated and offers 3 bedrooms and 2 bathrooms with beautiful views, a gorgeous fireplace, and vaulted ceilings. All new electrical and plumbing complete this remodel. The second unit is a 2 bedroom, 1 bathroom, bonus room, and a workshop. The third unit is an upgraded 1 bedroom, 1 bathroom featuring vaulted ceilings, a large deck, and amazing ocean views. Each unit is independent and offers private laundry and individual utilities. GREAT CASH FLOW! Listed by Jerry Tucker, Harcourts Prime Properties.

Description

MLS# OC20229229

Luxury Live Auction! Bidding to start from $1,300,000! Upcoming Showings Available - MUST CALL FOR APPOINTMENT CONFIRMATION Sunday, December 6 1-3pm We can pick you up from the ferry terminal or anywhere in town with our golf cart to bring you to the property and back once your tour is finished. With a current cash flow of $130,000 yearly during the Covid environment and potential to easily bring the cash flow to well over $150,000 yearly or more, this property has an AMAZING cap rate and is an excellent investment in one of the most desirable Southern California coastal vacation areas. One of a kind tri-plex with gorgeous views and a great investment opportunity. The top unit has been completely renovated and offers 3 bedrooms and 2 bathrooms with beautiful views, a gorgeous fireplace, and vaulted ceilings. All new electrical and plumbing complete this remodel. The second unit is a 2 bedroom, 1 bathroom, bonus room, and a workshop. The third unit is an upgraded 1 bedroom, 1 bathroom featuring vaulted ceilings, a large deck, and amazing ocean views. Each unit is independent and offers private laundry and individual utilities. GREAT CASH FLOW! Listed by Jerry Tucker, Harcourts Prime Properties.

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  • Headshot
    Mike Misquez, MBA

    NMLS# 1662824

    Direct: (909) 251-2560
    Email: mike@colonialres.com

Area
AREA: 1C - Catalina
COUNTY: LA
Schools
DISTRICT: Long Beach Unified
Building Info
COMMON WALLS: No Common Walls
PARKING: Driveway, Uncovered
ROOMS: All Bedrooms Up, Exercise Room, Family Room, Kitchen, Living Room
COOLING: None
HEATING: Central Furnace
VIEW: Bay, Coastline, Harbor, Marina, Ocean, Panoramic, Water
POOL: None
LAUNDRY: In Closet, Stackable
Interior Features
INTERIOR: Balcony, Furnished
APPLIANCES: Barbecue, Convection Oven, Electric Oven, Electric Range, Electric Water Heater, Energy Star Appliances, Energy Star Water Heater, Garbage Disposal, Microwave
FLOOR: Carpet, Laminate
FIREPLACE: Family Room, Wood
Exterior Features
SECURITY: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector
FENCING: Wood
LOT: 2-5 Units/Acre, Down Slope from Street
PATIO: Deck
ROOFING: Asphalt, Composition
FOUNDATION: Raised
CONSTRUCTION: Wood Siding
Garage & Parking
PARKING SPACES: 4.00
GARAGE SPACES: 0.00
CARPORT SPACES: 0.00
UNCOVERED SPACES: 4.00
Community
HOA DUES 1: 0.00
UNITS TOTAL: 3
Land
WATER: Public
ASSESSMENTS: None
LOT NUMBER: 47
TRACT NUMBER: 5370
ZONE: AVR2*
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