132 Vieudelou AVE #8 Avalon, CA 90704
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Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26222505
HOA Y/N No
Year Built 1910
Annual Tax Amount $27,086
Lot Size 2,008 Sqft
Lot Dimensions Assessor
Property Sub-Type Multi Family
Property Description
Located on the corner of Vieudelou Avenue and Marilla Avenue, 132 Vieudelou offers an exceptional opportunity to acquire a versatile income-producing property in the heart of Avalon. Just up the street from Step Beach and within easy walking distance of downtown beaches, shops, restaurants, and the waterfront, this desirable location combines convenience and versatility.
This eight-unit property presents several attractive possibilities for investors and business owners alike. Expand your real estate portfolio, explore a 1031 tax-deferred exchange, or provide much-needed employee housing for local businesses. Another appealing option is to reserve one unit as a personal Catalina Island retreat while maintaining rental income from the remaining seven units. An on-site coin-operated laundry facility adds convenience for tenants while generating supplemental income.
With established rental income, multiple ownership possibilities, and a prime location in one of Southern California's most unique coastal communities, 132 Vieudelou offers a compelling opportunity to invest in Catalina Island real estate. Eight-unit properties in Avalon are seldom available, making this a noteworthy addition to any real estate investment portfolio.
Location
State CA
County Los Angeles
Area 1C - Catalina
Zoning Avr3*
Interior
Heating Electric
Cooling None
Inclusions Seller Owned - Appliances
Fireplace No
Laundry Common Area, Laundry Room
Exterior
Fence None
Community Features Fishing
Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Present Use Multi-Family
Building
Lot Description 6-10 Units/Acre, Rectangular Lot
Story 2
Water Public
Others
Tax ID 7480020024
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
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