Sold for $1,000,000

Listed by: Catalina Realtors • Jordan Lake • Contact: 310-386-4928

Bought with: Catalina Realtors

$1,000,000

325 Descanso Ave, Avalon, CA 90704

3beds

2baths

1,575sqft

Duplex

Built in 1928

-- sqft lot

$1,030,500 Zestimate^®

$635/sqft

$3,826 Estimated rent

Home value

$1,030,500

$958,000 - $1.11M

$3,826/mo

Zestimate^® history

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$3,826/mo

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$3,826/mo

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$6,626/mo

Est. payment

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$6,626/mo

Est. payment

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What's special

Separately metered for electricityConverted into two units

Catalina Island ~ DUPLEX is located in my opinion the best street to own on "The Flats". Descanso Ave. and especially upper Descanso Ave. is highly desirable because of the low amount of vehicle traffic. The street dead ends into the back of the Pavillion Hotel, so it is not a main route to reach other destinations around town. Buit in 1928 this 1,575 sq. ft. +/- single-family home was converted into two units. Separately metered for electricity only the lower unit is a 2-bedroom, 1 bathroom unit, and the upstairs is a 1 bedroom, 1 bathroom unit with a large deck attached to the living room for additional living space. The property sits on a larger that average lot for the flats at 1,419 sq. ft. +/-. Only 3 short blocks to the front beaches, shops, and restaurants. The resort town of Avalon is an amazing place to call home, visit, and work remotely. Seize the opportunity to own this great piece of property in a great location and your slice of paradise!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2

Rooms

Room types: Bedroom, Kitchen, Laundry, Living Room

Bedroom

Features: Bedroom on Main Level

Heating

Electric, Wall Furnace

Cooling

None

Appliances

Included: Free-Standing Range, Disposal, Refrigerator, Water Heater
Laundry: Laundry Room, Outside, Upper Level

Features

Balcony, Ceiling Fan(s), Living Room Deck Attached, Open Floorplan, Bar, Bedroom on Main Level
Flooring: Carpet, Laminate, Tile
Doors: Mirrored Closet Door(s), Sliding Doors
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 1 Common Wall

Interior area

Total structure area: 1,575
Total interior livable area: 1,575 sqft

Property

Parking

Parking features: On Street

Accessibility

Accessibility features: No Stairs

Features

Levels: Two
Stories: 2
Entry location: Street and Alley Steps to upper unit
Exterior features: Rain Gutters
Pool features: None
Spa features: None
Fencing: Average Condition
Has view: Yes
View description: Mountain(s), Neighborhood

Lot

Size: 1,419 Square Feet
Features: No Landscaping, Rectangular Lot, Value In Land

Details

Parcel number: 7480035027
Zoning: AVR3*
Special conditions: Standard,Trust

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Duplex
Attached to another structure: Yes

Materials

Plaster, Wood Siding
Foundation: Combination
Roof: Shingle

Condition

Fixer,Repairs Cosmetic
New construction: No
Year built: 1928

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Cable Connected, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

Community & HOA

Community

Features: Biking, Curbs, Golf, Gutter(s), Hiking, Hunting, Park, Street Lights, Sidewalks, Water Sports, Fishing

Location

Region: Avalon

Financial & listing details

Price per square foot: $635/sqft
Tax assessed value: $1,020,000
Date on market: 9/19/2024
Cumulative days on market: 25 days
Listing terms: Cash,Cash to New Loan,Conventional,1031 Exchange,Fannie Mae,Freddie Mac
Inclusions: Some appliances.
Exclusions: Tenants personal items, furnishings, and some appliances.
Total actual rent: 3100
Tenant pays: All Utilities
Road surface type: Alley Paved, Paved

Price history

Date	Event	Price
11/12/2024	Sold	$1,000,000-11.1%$635/sqft
Source: CRMLS #SB24193263 Report a problem
10/14/2024	Pending sale	$1,125,000$714/sqft
Source: CRMLS #SB24193263 Report a problem
9/19/2024	Listed for sale	$1,125,000+60.7%$714/sqft
Source: CRMLS #SB24193263 Report a problem
3/7/2018	Sold	$700,000$444/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	--	$1,020,000 +2%
2025	$17,403 +58%	$1,000,000 +90.7%
2024	$11,014 +2.7%	$524,307 +2%
2023	$10,729 +5.9%	$514,027 +2%
2022	$10,129 +4.3%	$503,949 +2%
2021	$9,711 +4%	$494,069 +1%
2020	$9,341	$489,004 +2%
2019	$9,341 +4.2%	$479,417 +2%
2018	$8,965	$470,018 +2%
2017	$8,965 +1.6%	$460,803 +2%
2016	$8,825 +6%	$451,769 +1.5%
2015	$8,325 +13.2%	$444,984 +2%
2014	$7,351	$436,268 +2.5%
2012	--	$425,782 +2%
2011	--	$417,434 +0.8%
2010	--	$414,316 -0.2%
2009	--	$415,302 +2%
2008	--	$407,159 +2%
2007	--	$399,176 +2%
2006	--	$391,350
2005	--	$391,350 +4%
2004	--	$376,156 +1.9%
2003	--	$369,263 +2%
2002	--	$362,024 +4%
2000	--	$347,968