Active

303 Crescent Avenue

Avalon CA, 90704

$7,200,000


$795.76 per sqft

Active

9,048 sqft

Commercial

Built in 1982

Listed by Jordan Lake with Catalina Realtors 310-386-4928

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.

SB24220823

MLS ID

October 29, 2024

Listed

November 22, 2024

Updated

Map

303 Crescent Avenue
Avalon CA, 90704

Interior Features

Total Stories

3


Appliances

Dryer, Washer


Laundry Description

Inside, Laundry Room, Upper Level


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Central, Forced Air

Exterior/Building Features

Lot Size

0.1 Acres


Lot Features

Rectangular Lot, Value In Land, Walkstreet

Other Property Details

Area Name

1C - Catalina


Taxes

$44,739


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Los Angeles


Water Source

Public


Pool

No


Waterfront

Yes


Zoning

AVC1*

Listing Contact: 310-386-4928 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 11/22/2024 at 7:27 PM UTC

 

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