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Avalon, CA 90704,332 Clemente AVE
Avalon, CA 90704,332 Clemente AVE
Avalon, CA 90704,332 Clemente AVE
$1,800,000
Est. payment /mo
$2,200,000
18.2%
Est.Price: ?

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5,662 Sqft Lot
SOLD DATE : 05/24/2021

Key Details

Sold Price $1,800,000

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SB19048507

Year Built 1915

Lot Size 5,662 Sqft

Property Description

Catalina Island 8 unit multifamily property for sale! Windjammer Apartments on the market for the first time in over 20+ years! A unique income property located at 332 Clemente Ave. in the city of Avalon. This 14 bedroom, 9.5 bath building is an oldie but goody! Contemporary style fixer at a great price. Rarely do multi unit properties with this many units come onto the market. Take advantage of this rare opportunity to own a piece of Avalon that provides income as well as other uses like employee housing for the business owner. Housing in Avalon is in short supply and there is high demand for rentals. The Windjammer Apartments offer 3 bedroom, 2 bedroom, 1 bedroom and studio options with a recently rebuild laundry room for all to share. Built in 1915 on a 5,805 +/- sq. ft. lot with an overall living space of 5,439 sq. ft. and hillside views. Recommended upgrade needed. Conveniently located on the East side of town close to restaurants, shopping, and entertainment.

Location

State CA

County Los Angeles

Area 1C - Catalina

Zoning AVR3*

Interior

Heating Electric, Natural Gas

Cooling None

Fireplaces Type None

Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features On Street

Fence None

Pool None

Community Features Curbs, Golf, Gutter(s), Hunting, Mountainous, Street Lights, Sidewalks

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N Yes

View Hills, Neighborhood

Building

Lot Description 6-10 Units/Acre, Back Yard, Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner May Carry

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Jordan Lake • Catalina Realtors
Bought with Adam Thoricht • Catalina Realtors
agent
Devone Richard

Broker | License ID: 1002115

+1(626) 500-1212 | devone@nextadvisors.properties

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