359 Sumner, Avalon, CA 90704

$2,788,888
6
BD
4
BA
2,832
SqFt

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List Price
$2,788,888
Status
ACTIVE
MLS#
SB26172596
Year Built
2014
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,832
Lot Size
2,269
Acres
0.05
Lot Location
0-1 Unit/Acre, Walkstreet
Days on Market
2
Property Type
Multifamily
Style
Contemporary
Property Sub Type
Triplex
Stories
Two Levels, Three Or More Levels

Property Description

Avalon Triplex Investment Opportunity! Discover a rare Avalon triplex investment opportunity offering 2,832 square feet of living space, three vacation-rental units, coastal charm, and the convenience of a newer build with a garage, modern kitchens and bathrooms, Fujitsu mini-split, laundry in each unit and tasteful decor. Unit A features a two-story, 3 bedroom, 2 bathroom, main level living room, kitchen, full bathroom, bedrooms are upstairs, Primary bedroom has electric fireplace, large deck with city and hillside views and ample space for families and larger groups. Unit B indoor staircase in entry to living area, which opens to kitchen, hallway leads to 2 bedrooms and 1 full bathroom. Unit C is single-level, 1 bedroom, 1 full bathroom, with the convenience of a fully equipped kitchen and comfortable living room. Ideally located close to downtown shops, restaurants, and the beach, this property offers an exceptional opportunity to enjoy the best of Avalon while creating potential rental income. Property has 3 transferrable Transient Rental Licenses (TRL's) for short-term renting. Property is being sold furnished with a Star Electric golf-cart. The property allows for so many possibilities for an island investment—from vacation rentals to personal use or a combination of both. Make this unique Avalon triplex your Catalina Island investment opportunity and start enjoying the coastal lifestyle!

Additional Information

Appliances
Dishwasher, Free-Standing Range, Freezer, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
View
Hills, Neighborhood
Exterior Construction
Unknown
Patio
Deck
Roof
Composition
Garage Spaces Total
1
Sewer
Public Sewer
Water
Public
School District
Long Beach Unified
Elementary School
Avalon
Interior Features
Balcony, Ceiling Fan(s), Eat-in Kitchen, Furnished, High Ceilings, Storage, Tile Counters
Attached Structure
Attached
Number Of Units Total
3

Listing courtesy of Listing Agent: Sarah Jones (sarahjones.cr@gmail.com) from Listing Office: Catalina Realtors.

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Term of Loan
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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.