Historical Multifamily Sale Listing - 209 E Whitley Avenue

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209 E Whitley Avenue

209 E Whitley Avenue, Avalon, CA 90704

N/A

2 Units | Multifamily

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Sanctuary Catalina Top Unit Vacation Rental

Multifamily Property - Off Market

Price:
N/A
No. Units:
2
Building Size:
2,801 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Additional Sub-types:
Economy/ Limited Service
Garden/Low-Rise
Special Purpose (Other)
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
6.40%
Gross Rent Multiplier:
15.56
No. Stories:
2
Year Built:
1930
Lot Size:
2,482 SF
APN / Parcel ID:
7480-027-002
Parking Ratio:
1 / 1,000 SF
Listing ID
18106943
Last Updated
264 days ago

Highlights

  • FEE SIMPLE - Legal Duplex - Escape to a state of grace
  • Legal Duplex with CUP (Upper Unit) may be Daily / Vacation Rental - Transient Permit
  • Unbelievable Ocean Views from Home, Patio and Panoramic views from Roof-Top Deck
  • All Utilities Separately Metered, New Sewer Line, Tankless Water Heaters, Cat-5
  • Central Avalon Location - Period Style Fixtures - Custom Tile and Artwork
  • Refinished wood flooring and open beamed ceilings

Description

IN 1928, HANS WALLNER WAS A STAFF ARCHITECT FOR WEBBER & SPAULDING, ASSISTING ON THE WORLD-FAMOUS AVALON CASINO. SHORTLY THEREAFTER, HE WAS COMMISSIONED TO DESIGN A SMALL HILLSIDE EDIFICE FOR THE CHRISTIAN SCIENCE SOCIETY. DESIGNED IN THE SPANISH-MEDITERRANEAN STYLE SANTA CATALINA IS KNOWN FOR, WALLNER PATTERNED THE CHURCH AFTER A CHAPEL IN ITALY. HOLLYWOOD HAS USED CATALINA'S UNBELIEVABLE LOCALE FOR OVER 500 MOTION PICTURE AND TELEVISION PRODUCTIONS. THE GLITTERATI HAS REVELED IN HER HARBORS, COVES, CANYONS AND VISTAS FOR GENERATIONS. JOHN WAYNE AND ERROL FLYNN SAILED AND HUNTED THE ISLAND. MONROE, GABLE, CHAPLAIN, BOGART AND CAGNEY ALL ESCAPED THE PRESSURES OF TINSELTOWN ON CATALINA'S BEAUCOLIC HIDEAWAYS. TWO YEARS AGO, A MAN WITH A VISION SET OUT TO RE-PURPOSE THIS SPECIAL PROPERTY SO A NEW GENERATION COULD ENJOY ITS GRACE. HE REPURPOSED THE PROPERTY AS A FEE SIMPLE LEGAL DUPLEX WITH THE UPSTAIRS UNIT HAVING A CUP TRANSIENT PERMIT TO CONDUCT DAILY VACATION RENTAL. FULLY REMODELED IN 2010. NEW UTILITIES, SEWER, SEPERATE METERS, NEW KITCHENS, BATHROOMS, CAT 5 CABLE, FLOORING, ARCHITECTURALLY STUNNING!

Do Not Disturb! Owner lives on property. 48 hour notice to show.

TAKE THE CATALINA FERRY TO THE CATALINA DOCK. EXIT AND HEAD DOWN PEBBLY BEACH ROAD TOWARDS DOWNTOWN AVALON ON CRESCENT AVE., PAST METROPOLE AVE., MAKE A LEFT ON WHITLEY AVE, GO UP HILL, ON THE CORNER OF WHITLEY AVE AND E WHITLEY AVE.

Map of 209 E Whitley Avenue, Avalon, CA 90704 (Los Angeles County)

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