Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    303 Crescent Avenue, Avalon, CA 90704
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    • MLS#: SB24220823 ( Specialty )
    • Street Address: 303 Crescent Avenue
    • Viewed: 16
    • Price: $7,200,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1982
    • Bldg sqft: 0
    • Days On Market: 157
    • Additional Information
    • County: LOS ANGELES
    • City: Avalon
    • Zipcode: 90704
    • Provided by: Catalina Realtors
    • Contact: Jordan Jordan
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Accountingtype
    1. ProForma
    Assetclass
    1. Retail
    Building Area Total
    1. 9048.00
    Building Features
    1. Elevators
    2. Living Quarters
    3. Rec Room
    Commoninterest
    1. None
    Construction Materials
    1. Block
    2. Drywall Walls
    3. Stucco
    Cooling
    1. None
    Country
    1. US
    Current Financing
    1. None
    Current Use
    1. Commercial
    Electric
    1. Standard
    Exclusions
    1. Tenant's personal and business items
    2. furnishings.
    Fencing
    1. None
    Heating
    1. Central
    2. Forced Air
    Inclusions
    1. Some furnishings
    Land Use
    1. Retail
    Laundry Equipment Own Lease
    1. Own
    Laundry Features
    1. Dryer Included
    2. Individual Room
    3. Inside
    4. Upper Level
    5. Washer Included
    Netoperatingincome
    1. 392510.00
    Parcel Number
    1. 7480017023
    Property Type
    1. Specialty
    Retail Square Footage
    1. 6000
    Security Features
    1. Fire Sprinkler System
    Signage
    1. Sign on Building
    Totalmonthlyrent
    1. 32709
    Utilities
    1. Cable Available
    2. Electricity Connected
    3. Natural Gas Connected
    4. Phone Connected
    5. Sewer Connected
    6. Water Connected
    Views
    1. 16
    Waterfront Features
    1. Across the Road from Lake/Ocean
    2. Bay Front
    3. Beach Access
    4. Beach Front
    5. Fishing in Community
    6. Ocean Front
    Water Source
    1. Public
    Year Built
    1. 1982
    Year Built Source
    1. Assessor
    Zoning
    1. AVC1*
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836