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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
Sold Date 05/24/21
Construction Status Fixer
HOA Y/N No
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
Interior Features Multiple Staircases
Heating Electric, Natural Gas
Cooling None
Fireplaces Type None
Fireplace No
Appliance Water Heater, Dryer, Washer
Laundry Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup
Exterior
Garage 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
Parking Type On Street
Private Pool No
Building
Lot Description 6-10 Units/Acre, Back Yard, Street Level
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Level or Stories Two
New Construction No
Construction Status Fixer
Others
Senior Community No
Tax ID 7480038005
Security Features Carbon Monoxide Detector(s),Smoke Detector(s)
Energy Description 7200.0
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Owner May Carry
Financing Cash
Special Listing Condition Standard
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Bought with Adam Thoricht • Catalina Realtors
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