$2,375,000
SOLD MAY 28, 2025

123 Upper Terrace Rd Avalon, CA 90704

6 Beds
4 Baths
3,240 Sq Ft
4,872 Sq Ft Lot

Recently Sold

$733 Per Sq Ft

8% Below List Price

52 Days on Market

Highlights

  • Ocean View
  • 0.11 Acre Lot
  • Hiking Trails
  • Fishing
  • No HOA
  • Two Homes on a Lot

About This Home

As of May 2025

This Duplex offers 2 large units, each unit is 2 stories. Property is Currently operating as a short term vacation rental and offers a one time transfer to the buyer. Both units offer Breathtaking views of Avalon Harbor and the City of Avalon from every room and the three decks. The Upper Unit top floor has a large open concept with Dining Area and a Spacious living room and large windows/sliders to enjoy the Amazing Views with access to the Top Deck. Kitchen and one bathroom located on the top floor. The downstairs area offers 3 bedrooms and another bathroom and Laundry room. 2 of the 3 bedrooms have direct access to a larger second deck. All bedrooms offer views of Avalon Harbor. The Lower Unit is also 2 stories with a large spacious deck. Another open concept that includes the living room, dining area, and the kitchen. Cannot miss the same breathtaking views of Avalon Harbor and the City of Avalon with access to the deck from the living room. There is a very large spacious primary bedroom on that units entry floor with direct access to the deck. One bathroom also on the same floor. Downstairs offers 2 more bedrooms with the same views from their windows and a full bathroom and Laundry area. The entrance to the lower unit is down the stairs on the side of the building.

Last Agent to Sell the Property

Marla Booth

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS Brokerage Phone: 909-376-2397 License #01233208 Listed on: 03/28/2025

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS

Co-Listed By

Jim Booth

BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS Brokerage Phone: 909-376-2397 License #01031891

Last Buyer's Agent

Jordan Lake

Earl Schrader License #01953692

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1974

Lot Details

  • 4,872 Sq Ft Lot
  • 1 Common Wall
  • Steep Slope

Property Views

  • Ocean
  • Marina
  • Harbor
  • Catalina
  • City Lights
  • Hills

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 3,240 Sq Ft Home
  • 4-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 6 Bedrooms | 3 Main Level Bedrooms
  • 4 Full Bathrooms

Additional Homes

  • Two Homes on a Lot

Utilities

  • Space Heater
  • Radiant Heating System

Listing and Financial Details

  • Legal Lot and Block 46 / 1
  • Assessor Parcel Number 7480009028
  • $3,531 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Recreation

  • Fishing
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: AVR2*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 7480009028
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3240.00 Square Feet
  • Stories: 4
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Three Or More
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 733.02
  • Room Type: Kitchen, Living Room

Exterior Features

  • Other Structures: Two On A Lot
  • View: Catalina, City Lights, Harbor, Hills, Marina, Ocean
  • Pool Private: No

Utilities

  • Laundry: No
  • Heating Type: Radiant, Space Heater
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Fishing, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Steep Slope
  • Lot Size Sq Ft: 4872.00
  • Lot Size Acres: 0.1118

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4872.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 5990.00
  • Tax Lot: 46
  • Tax Tract Number: 00
  • TaxOtherAnnualAssessmentAmount: 3531.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 28, 2025
Closed on
Apr 22, 2025
Sold by
Hall Rosalyne J
Bought by
Hugo 1990 Revocable Trust and Hugo
Seller's Agent
Marla Booth
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
Buyer's Agent
Jordan Lake
Earl Schrader
List Price
$2,585,000
Sold Price
$2,375,000
Premium/Discount to List
-$210,000
-8.12%
Views
152
Current Estimated Value
$2,388,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,337
Avg. Annual Appreciation
0.95%

Purchase Details

Listed on
Mar 16, 2017
Closed on
Apr 17, 2017
Sold by
Burt Joel D and Burt Barbara Lynn
Bought by
Hall Rosalyne J
Seller's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
Buyer's Agent
Kelly Brown
Kelly Nelson Brown Real Estate
List Price
$1,700,000
Sold Price
$1,750,000
Premium/Discount to List
$50,000
2.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$750,000
Interest Rate
4.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 19, 1996
Sold by
Burt Joel D and Burt Barbara Lynn
Bought by
Burt Joel D and Burt Barbara Lynn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $2,375,000 Usa National Title
Warranty Deed $1,750,000 First American Title Company
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2025 05/28/25 Sold $2,375,000 -8.1% $733 / Sq Ft
03/28/2025 03/28/25 For Sale $2,585,000 +47.7% $798 / Sq Ft
05/12/2017 05/12/17 Sold $1,750,000 +2.9% $760 / Sq Ft View Prior Sale
03/22/2017 03/22/17 Pending -- -- --
03/16/2017 03/16/17 For Sale $1,700,000 -- $738 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $29,162 $2,031,020 $789,195 $1,241,825
2024 $29,162 $1,991,197 $773,721 $1,217,476
2023 $28,631 $1,952,154 $758,550 $1,193,604
2022 $26,902 $1,913,877 $743,677 $1,170,200
2021 $26,178 $1,876,351 $729,096 $1,147,255
2019 $25,393 $1,821,400 $707,472 $1,113,928
2018 $24,845 $1,785,700 $693,600 $1,092,100
2016 $5,336 $195,945 $61,698 $134,247
2015 $4,767 $193,003 $60,772 $132,231
2014 $4,521 $189,223 $59,582 $129,641
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV25061996

California Regional Multiple Listing Service (CRMLS)

APN: 7480-009-028