Avalon, CA 90704 230 Metropole Avenue

Pending
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Presented By: Sarah Jones with Catalina Realtors; 310-489-4811
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# SB24244298
  • 12/06/2024
  • Request Tour
  • Request Info
Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 2
  • SQFT • 2,052

Home Details

Avalon Quadraplex on Catalina Island - This 4-unit investment opportunity is zoned Commercial which enhances the possibilities! The building consists of 5 bedrooms and 4 bathrooms. Unit A has a spacious entry area with a stairway leading to the main level 2-bedroom unit with tile-flooring in kitchen, and hallway, carpet in living areas, several windows that allow for ample natural light. Down the hallway are two bedrooms, a full bathroom, linen closet and access to exterior stairway to back patio area with a separate storage/laundry closet. Unit B is a renovated studio, with wood flooring, kitchen, three-quarter bathroom, and additional access to exterior. Unit C is a 2-bedroom 1 bathroom with an additional entrance, back patio area and storage/laundry closet. Unit D is a split-level, one-bedroom with a tiled kitchen floor, stairway up to a bedroom and three-quarter bath. Centrally located in town near shops, restaurants among other attractions, and only 1 block to the beach!
Presented By: Sarah Jones with Catalina Realtors; 310-489-4811

Interior Features for 230 Metropole Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Tile, Wood
Heating Y/NYes
Interior AmenitiesLaminateCounters, MultipleStaircases, TileCounters, Unfurnished
Laundry FeaturesWasherHookup, ElectricDryerHookup, GasDryerHookup, LaundryCloset, Outside
Total Stories3

Other Rooms

Entry Level1

General for 230 Metropole Avenue

AccessibilityNone
Additional Parcels Y/NNo
AppliancesElectricCooktop, GasCooktop, GasOven, GasRange, GasWaterHeater, Refrigerator
Architectural StyleContemporary
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces0.0
Carport Y/NNo
CityAvalon
Community FeaturesBiking, Golf, Hiking, Rural, WaterSports, Fishing
Construction MaterialsWoodSiding
CoolingNone
CountyLos Angeles
DirectionsFrom Pebbly Beach Rd. take Clarissa, right on Beacon, right on Sumner, left on Beacon, right on Metropole.
DisclosuresCityInspectionRequired
ElectricElectricityOnProperty
Electric Expense1500.0
Electric On Property Y/NNo
Entry LocationStreet
ExclusionsTenants personal items, furniture & furnishings
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income70560.0
HOANo
HOA Fee$0.0
HeatingSpaceHeater, WallFurnace
Home Warranty Y/NNo
Insurance Expense9000.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsThreeOrMore
Listing TermsCash, CashToNewLoan, Conventional
Lot Size Square Feet1100.0
Lot Size UnitsSquareFeet
MLS Area1C - Catalina
MaintenanceExpense5000.0
MobileHomeRemainsYNNo
Net Operating Income44679.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces0.0
Operating Expense25881.0
Other StructuresStorage
Pool FeaturesNone
PossessionCloseOfEscrow
Property Attached Y/NYes
Property ConditionRepairsCosmetic, UpdatedRemodeled
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NYes
RoofCommonRoof
Security FeaturesCarbonMonoxideDetectors, SmokeDetectors
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Tax Lot4
Tax Year2024
Taxes$0
Tenant PaysCableTv
Total Actual Rent5880.0
Trash Expense3446.0
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewCatalina, Hills
Water Sewer Expense5762.0
Waterfront Y/NNo
Year Built1923
Year Built SourceAssessor
ZoningAVC1*

Exterior for 230 Metropole Avenue

Building Area Total2052.0
Crops Included Y/NNo
Exterior AmenitiesAwnings, Lighting
Foundation DetailsRaised
Horse Y/NNo
InclusionsSome appliances
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.0253
Lot Size Area1100.0
Lot Size SourcePublicRecords
Number of Buildings1
Number of Separate Electric Meters5
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesOnStreet
Pool Charge0.0
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Total Parking0.0
Water SourcePublic

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,300,000
MLS#SB24244298
List Date 12/06/2024
Property Type Pending
Phone 714.742.6515
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