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Listed by Mark Phelps, DRE #02140115 • Catalina Realtors
$ 2,790,000
Est. payment | /mo
2,009 Sqft Lot
$ 2,790,000
Est. payment | /mo
2,009 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26232628
Year Built 1910
Lot Size 2,009 Sqft
Source California Regional MLS
Property Description
Marilla Inn 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 versability. 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 e
Location
State CA
County Los Angeles
Area 1C - Catalina
Interior
Heating Electric
Cooling Window / Wall Unit
Laundry In Laundry Room, Laundry Area, Washer/Dryer - Owned
Exterior
Pool None
Building
Water Hot Water, District - Public
Others
Tax ID 7880020024
Special Listing Condition Not Applicable
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