For Sale Multi-Family MLS# SB26222505

132 Vieudelou Avenue 8

Avalon, CA 90704

$2,790,000

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About 132 Vieudelou Avenue 8

RARE EIGHT-UNIT INVESTMENT OPPORTUNITY ON BEAUTIFUL CATALINA ISLAND!

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.

Property details

Property

Type
Multi Family
MLS type
Multi Family Home
Status
Active
Year built
1910
Stories
2
Living area
2,009 sqft
Price / sqft
$1,389
Lot
0.0461
Original price
$2,790,000
MLS #
SB26222505

Interior

Heating
Electric
Laundry
Common Area, Laundry Room

Exterior & lot

Construction
Drywall, Glass, Concrete, Stucco
Lot
Avr3*, Multi-Family

Schools

District
Long Beach Unified School District

Utilities

Utilities
Public, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Standard,220 Volts
Water
Public

Financial

Financial
Tenants personal items - Tenants furnishings - Tenants appliances
Annual tax
$27,087
Parcel
7480020024
Special conditions
Standard

Location

Area
1C - Catalina
County
Los Angeles
Directions
From Catalina Express or helicopter take Pebbly Beach Road towards Avalon to Crescent Street, take Crescent to Marilla Avenue, up 2 blocks to Vieudelou Avenue, property on corner of Marilla and Vieudelou Avenue

Ask about this property

Questions on 132 Vieudelou Avenue 8, Avalon, CA 90704, or want to see it in person?

Listed by Mark Phelps, Catalina Realtors

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.