Seller's Agent in 2024
Jordan Lake
Earl Schrader
(310) 386-4928
50 in this area
50 Total Sales
325 Descanso Ave Avalon, CA 90704
Estimated Value: $1,009,300 - $1,312,000
3
Beds
2
Baths
1,575
Sq Ft
$705/Sq Ft
Est. Value
Highlights
- Golf Course Community
- Open Floorplan
- Contemporary Architecture
- Fishing
- Mountain View
- Main Floor Bedroom
About This Home
As of November 2024Catalina 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!
Last Agent to Sell the Property
Earl Schrader Brokerage Phone: 310-386-4928 License #01953692 Listed on: 09/19/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1928
Lot Details
- 1,419 Sq Ft Lot
- 1 Common Wall
- Southeast Facing Home
- Fenced
- Fence is in average condition
- No Landscaping
- Rectangular Lot
- Value in Land
Parking
- On-Street Parking
Property Views
- Mountain
- Neighborhood
Home Design
- Duplex
- Contemporary Architecture
- Entry on the 1st floor
- Cosmetic Repairs Needed
- Fixer Upper
- Combination Foundation
- Shingle Roof
- Wood Siding
- Plaster
Interior Spaces
- 1,575 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Bar
- Ceiling Fan
- Sliding Doors
- Living Room with Fireplace
- Living Room with Attached Deck
Kitchen
- Free-Standing Range
- Disposal
Flooring
- Carpet
- Laminate
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Main Floor Bedroom
- Mirrored Closets Doors
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry on upper level
- Laundry Located Outside
Accessible Home Design
- No Interior Steps
Outdoor Features
- Balcony
- Exterior Lighting
- Rain Gutters
Utilities
- Wall Furnace
- Water Heater
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 24 / 19
- Tax Tract Number 599000
- Assessor Parcel Number 7480035027
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Recreation
- Golf Course Community
- Fishing
- Hunting
- Park
- Water Sports
- Hiking Trails
- Bike Trail
Building Details
- 2 Leased Units
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $2,500
- Operating Expense $2,500
- Gross Income $37,200
- Net Operating Income $23,971
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 19, 2024
Closed on
Oct 15, 2024
Sold by
Kimberly C Fleming Family Trust and Fleming Lundie
Bought by
Declaration Of Trust and Morones
Seller's Agent
Jordan Lake
Earl Schrader
Buyer's Agent
Mark Phelps
Catalina Realtors
List Price
$1,125,000
Sold Price
$1,000,000
Premium/Discount to List
-$125,000
-11.11%
Views
61
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,825
Avg. Annual Appreciation
8.99%
Purchase Details
Closed on
Oct 27, 2023
Sold by
Fleming Kimberly C
Bought by
Kimberly C Fleming Family Trust and Fleming
Purchase Details
Closed on
Feb 8, 2018
Sold by
Buefe Carol Lee
Bought by
Fleming Kimberly C
Purchase Details
Closed on
Sep 30, 2015
Sold by
Butte Carol Lee
Bought by
Butte Family Trust and Butte Bypass Trust
Purchase Details
Closed on
May 19, 1995
Sold by
Butte Robert Lee and Butte Carol Lee
Bought by
Butte Robert Lee
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Declaration Of Trust | $1,000,000 | First American Title Company | |
| Kimberly C Fleming Family Trust | -- | None Listed On Document | |
| Fleming Kimberly C | -- | None Available | |
| Butte Carol Lee | -- | None Available | |
| Butte Carol Lee | $700,000 | None Available | |
| Butte Family Trust | -- | None Available | |
| Butte Robert Lee | -- | -- |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/12/2024 11/12/24 | Sold | $1,000,000 | -11.1% | $635 / Sq Ft |
| 10/14/2024 10/14/24 | Pending | -- | -- | -- |
| 09/19/2024 09/19/24 | For Sale | $1,125,000 | -- | $714 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,014 | $1,000,000 | $390,000 | $610,000 |
| 2024 | $11,014 | $524,307 | $160,964 | $363,343 |
| 2023 | $10,729 | $514,027 | $157,808 | $356,219 |
| 2022 | $10,129 | $503,949 | $154,714 | $349,235 |
| 2021 | $9,711 | $494,069 | $151,681 | $342,388 |
| 2019 | $9,161 | $479,417 | $147,183 | $332,234 |
| 2018 | $8,965 | $470,018 | $144,298 | $325,720 |
| 2016 | $8,325 | $451,769 | $138,696 | $313,073 |
| 2015 | $7,632 | $444,984 | $136,613 | $308,371 |
| 2014 | $7,351 | $436,268 | $133,937 | $302,331 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Lake
-
Mark Phelps
M
Buyer's Agent in 2024
Mark Phelps
Catalina Realtors
(714) 470-4653
7 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24193263
APN: 7480-035-027
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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