Multifamily

$1,600,000

When do you want to see it?

346 Descanso Avenue
Avalon, CA 90704

  • 7 beds
  • 4 baths
  • 3,288 sqft
  • 2,315 sqft lot
  • $486 per sqft
  • 1927 build
  • on site

Catalina Island Quadraplex! This multiunit property located on the flats many would argue is on the most sought after street in Avalon. Upper Descanso Avenue has all of the convenience with much less of the noise. All four of the units are 822 Sq. Ft. of living space 3,288 sq. ft. (+/-) total. 3 of the 4 units are being used as 2 bedroom 1 bath with the 4th unit staying with the original spacious dining, living room and 1 bed 1 bath configuration. Built in 1927 this Spanish style building was ahead of its time. Unique features to note: separate utility meters, high ceilings, crown molding, breakfast nook, upgraded countertops and tile work, individual washer and dryers, ocean and hillside view. Family owned and maintained in good shape. Fantastic proximity 3 blocks to downtown beaches, restaurants, and shops. Seize the opportunity to own an investment income property in Avalon. Currently the property does not have a vacation rental permit (C.U.P.) for any of the units.

Listing courtesy of CRMLS_CA / Jordan Lake / Catalina Realtors

Last checked: Checking… • Last updated Jul 4, 2021 •

MLS# SB21041394 —

Amenities & Taxes

The Building

Year Built:
1927
Year Built Source:
Assessor
New Construction:
No
Construction Materials:
Drywall Walls, Stucco
Architectural Style:
Spanish
Roof:
Composition
Patio:
1
Patio And Porch Features:
None, Brick, Patio
Foundation:
Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
Accessibility Features:
2+ Access Exits
Common Walls:
2+ Common Walls
Faces:
West
Total Number Of Units:
4
Stories Total:
2
Structure Type:
Quadruplex

Interior

Features:
2 Staircases, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Tile Counters, Track Lighting, Unfurnished
Levels:
Two
Entry Location:
Street
Kitchen Features:
Granite Counters, Kitchen Open to Family Room, Pots & Pan Drawers, Remodeled Kitchen, Tile Counters, Utility sink
Eating Area:
Breakfast Nook, Dining Room, In Kitchen
Window Features:
Blinds, Screens, Stained Glass, Wood Frames
Flooring:
Carpet, Laminate, Tile, Wood
Room Type:
Converted Bedroom, Kitchen, Laundry, Living Room, Main Floor Bedroom
Living Area Units:
Square Feet
Fireplace:
No
Fireplace:
None
Laundry:
Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Stackable, Washer Hookup, Washer Included
Laundry:
1

Room Dimensions

Living Area:
3288.00

Financial & Terms

Disclosures:
City Inspection Required, Earthquake Insurance Available, Flood Insurance Required, Flood Zone

Location

Directions:
Take Pebbly Beach Rd., Left on Claressa Ave., Right on Third St., Left on Descanso Ave.
Latitude:
33.34026700
Longitude:
-118.32733000

The Property

Property Condition:
Repairs Cosmetic, Updated/Remodeled
Sub Type:
Quadruplex
Zoning:
AVR3*
Lot Features:
Rectangular Lot, Level, Park Nearby, Value In Land
Lease Considered:
No
Lot Size Area:
2315.0000
Lot Size Acres:
0.0531
Lot Size Square Feet:
2315.00
View:
1
View:
Bay, Coastline, Hills, Neighborhood, Ocean
Fencing:
Average Condition, Wood
Lot Size Source:
Assessor
Fence:
Yes
Exclusions:
Sellers and tenants personal items, tenants refrigerator, some furnishings and furniture. Wall hangings and artwork. Casa Noel tile on front of building.
Road Surface Type:
Alley Paved, Maintained, Paved
Property Attached:
1
Security Features:
Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:
City Street
Additional Parcels:
No
Land Lease:
No

Listing Agent

Contact info:

Taxes

Tax Census Tract:
5990.00
Tax Tract:
599100
Tax Lot:
16

Beds

Total Bedrooms:
7
Main Level Bedrooms:
4

Baths

Bathrooms Total:
4
Bathroom Features:
Bathtub, Shower, Shower in Tub, Remodeled, Tile Counters
Bathrooms,Full & 3/4:
4
Main Level Bathrooms:
2
Full Bathrooms:
4

The Listing

Buyer's Brokerage Compensation:
2.500%
Special Listing Conditions:
Standard, Trust
Buyer's Brokerage Compensation:
$2.50
Parcel Number:
7480036018

Heating & Cooling

Heating:
1
Heating:
Wall Furnace, Natural Gas
Cooling:
No
Cooling:
None

Utilities

Utilities:
Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Sewer:
Public Sewer
Electric:
Standard
Water Source:
Public

Appliances

Appliances:
Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
Included:
Yes

Schools

High School District:
Long Beach Unified

The Community

Senior Community:
No
Features:
Biking, Curbs, Fishing, Golf, Hiking, Gutters, Horse Trails, Park, Hunting, Watersports, Mountainous, Sidewalks, Storm Drains, Street Lights
Pool:
None
Private Pool:
No
Association:
No
Spa Features:
None
Inclusions:
Some furnishings and furniture.
Assessments:
Yes
Assessments:
Unknown

Parking

Parking:
Off Street, Public, Street

Schools

Rating Details

Avalon School

  • Public
  • K-12
  • 0.3 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

Flood Risk

Flood likelihood over time

year probability
1y 3%
5y 15%
10y 26%
15y 36%
20y 44%
25y 51%
30y 57%

Because risk accumulates over time, this property has a 57% chance of flooding within the next 30 years.

Provided by Flood Factor®

Flood Insurance

Required: MassiveCert estimates that this property is in FEMA Zone AE, which means that flood insurance is federally required.

Get an instant insurance quote

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WalkScore®

Provided by WalkScore® Inc.

Sale history

Date Event Source Price % Change
6/23/21
Pending CRMLS_CA $1,600,000
3/1/21
Listed / Active CRMLS_CA $1,600,000

Finding records…

No additional history available

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