Avalon, CA 90704 358 Metropole Avenue
$2,000,000
39 more
Presented By: Andrew Lidgard with Lidgard Real Estate Services; andrew@lidgardinc.com
Beds • 5
Baths • 3
SQFT • 1,780
Year Built • 1927
Home Details
Rare Opportunity to Own a Triplex with Ocean and Canyon Views
Don’t miss this chance to purchase this triplex on an expansive lot on Catalina Island with endless possibilities to expand or develop the entire property. This property is already income producing and has untapped potential for growth and appreciation. Enjoy the breathtaking views of the ocean from the deck as well as the amazing canyon views from the back. The triplex consists of three units: Unit A is a 2 bed 1 bath, Unit B is a 2 bed 2 bath, and Unit C is a 1 bed 1 bath. The property also has approximately 3 golf cart parking spots in addition to street parking for your convenience. This is a rare opportunity to own a versatile and valuable property in a prime location.
Presented By: Andrew Lidgard with Lidgard Real Estate Services; andrew@lidgardinc.com
Interior Features for 358 Metropole Avenue
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Interior AmenitiesBedroomOnMainLevel
Laundry FeaturesCommonArea
Total Stories3
Other Rooms
Entry Level2
General for 358 Metropole Avenue
Additional Parcels Y/NNo
AppliancesGasOven
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityAvalon
Community FeaturesFishing, Golf
Construction MaterialsWoodSiding
CoolingWallWindowUnits
CountyLos Angeles
Current FinancingConventional
DirectionsFrom town head up Metropole Avenue
Electric Expense6320.9
Electric On Property Y/NNo
Entry Location3
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income81696.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense9135.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet5878.0
Lot Size UnitsSquareFeet
MLS Area1C - Catalina
MobileHomeRemainsYNNo
Net Operating Income66240.1
New ConstructionNo
Number Of Units Total3
Number of Units Leased3
Operating Expense15455.9
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalTriplex
Property SubtypeTriplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard, Trust
Standard StatusActive
StatusActive
Tax Lot36
Total Actual Rent6808.0
Trash Expense0.0
ViewCanyon, Ocean, Panoramic
Water Sewer Expense0.0
Year Built1927
Year Built SourceAssessor
ZoningAVU*
Exterior for 358 Metropole Avenue
Building Area Total1780.0
Crops Included Y/NNo
FencingWood
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesSlopedDown, Landscaped
Lot Size Acres0.1349
Lot Size Area5878.0
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters1
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDeck
Private PoolNo
SpaNo
Total Parking0.0
Water SourcePublic
WaterfrontY/NNo
Additional Details
Price History
Justin Hughey
Price
$2,000,000
MLS#PW24161934
List Date
08/06/2024
Property Type
Multi-Family
Phone
(562) 818-1655
