This Multifamily Property is Off-Market.

209 E Whitley Avenue
Avalon, CA 90704 ·

2 Units · Multifamily For Sale

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209 E Whitley Avenue

Price N/A Cap Rate 6.40%
No. Units 2 Gross Rent Multiplier 15.56
Building Size 2,801 SF No. Stories 2
Property Type Multifamily Year Built 1930
Property Sub-type
Duplex/Triplex/Fourplex
More...
  • Economy/ Limited Service
  • Garden/Low-Rise
  • Special Purpose (Other)
Lot Size 2,482 SF
Property Use Type Investment APN / Parcel ID 7480-027-002
Commission Split 2.5% Parking Ratio 1 / 1,000 SF
Listing ID: 18106943 Date Created: 04/02/2013 Last Updated: 01/09/2014

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.

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

Research

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

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