NOT LISTED FOR SALE

343 Catalina Ave Avalon, CA 90704

Estimated Value: $917,000 - $1,029,000

1 Bed
3 Baths
1,065 Sq Ft
$904/Sq Ft Est. Value

Last Sold July 25, 2019

Last sale price $650,000 $610 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,711/month

46 Days on Market

Highlights

  • View of Hills
  • Furnished
  • No HOA
  • Contemporary Architecture
  • Granite Countertops
  • Crown Molding

About This Home

As of July 2019

Catalina Island Triplex with stable rental income just two blocks from the beach. Sitting in the area known as “the flats” this property is close to the action of downtown/front street while being far enough away to enjoy the relaxing town of Avalon. The 1-bedroom townhouse style front unit has been completely remodeled with travertine tile, crown moldings throughout, French doors, new kitchen with granite countertops and a center island and an unfinished rooftop deck with partial views of the ocean. The front unit has an active vacation rental permit, an established rental income and comes furnished. This property has two studio apartments that are currently rented to full time residents. This is a great opportunity to hit the Avalon market!

Last Agent to Sell the Property

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 03/23/2019

Co-Listed By

Ziad Abughazaleh

Kelly Nelson Brown Real Estate License #01905412

Last Buyer's Agent

Kelly Brown

Kelly Nelson Brown Real Estate License #01313763 Listed on: 03/23/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,332

Year Built

  • Built in 1939

Lot Details

  • 962 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Property Views

  • Hills
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Split Level Home
  • Property Attached

Interior Spaces

  • 1,065 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Crown Molding
  • Granite Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Suburban Location
  • Forced Air Heating System

Listing and Financial Details

  • Tax Lot 20
  • Tax Tract Number 5990
  • Assessor Parcel Number 7480034021

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,120
  • Trash Expense $1,629
  • Water Sewer Expense $3,183
  • New Taxes Expense $10,500
  • Operating Expense $16,432
  • Gross Income $37,200
  • Net Operating Income $22,478

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,332

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Inclusions: Furniture, furnishings inside front unit
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 3183.00
  • Zoning: AVR3*
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7480034021
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Crown Molding, Furnished, Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Multi/Split
  • Price Per Square Foot: 610.33

Exterior Features

  • View: Hills, Neighborhood
  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 1629.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 962.00
  • Lot Size Acres: 0.0221

Multi Family

  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Insurance Expense: 1120.00
  • Lot Size Area: 962.0000 Square Feet
  • Net Operating Income: 22478.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 14722.00
  • Rent Control: No
  • Total Expenses: 16432.00

Tax Info

  • New Taxes Expense: 10500.00
  • Tax Census Tract: 5990.00
  • Tax Lot: 20
  • Tax Tract Number: 5990

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2019
Sold by
Cruz Bernardo
Bought by
Cruz Erica
Current Estimated Value
$992,458

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$487,500
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2014
Sold by
Bittner Thomas C and Bittner Susan J
Bought by
Thomas C & Susan J Bittner Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$438,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2008
Sold by
Bittner Thomas C and Bittner Susan J
Bought by
Bittner Thomas C and Bittner Susan J

Purchase Details

Closed on
Oct 28, 2005
Sold by
G & C Frost Co
Bought by
Bittner Thomas C and Bittner Susan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cruz Erica -- Chicago Title Company
Martinez Esteban E $650,000 Chicago Title Company
Thomas C & Susan J Bittner Living Trust -- Accommodation
Bittner Thomas C -- Title 365
Bittner Thomas C -- None Available
Bittner Thomas C $795,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cruz Erica $487,500
Previous Owner Bittner Thomas C $438,750
Previous Owner Bittner Thomas C $495,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2019 07/25/19 Sold $650,000 -7.0% $610 / Sq Ft
05/08/2019 05/08/19 Pending -- -- --
03/23/2019 03/23/19 For Sale $699,000 -- $656 / 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 $15,332 $710,864 $289,813 $421,051
2024 $15,332 $696,927 $284,131 $412,796
2023 $14,921 $683,262 $278,560 $404,702
2022 $14,090 $669,866 $273,099 $396,767
2021 $13,492 $656,733 $267,745 $388,988
2020 $12,941 $650,360 $265,000 $385,360
2019 $14,645 $800,360 $704,400 $95,960
2018 $13,136 $685,360 $603,100 $82,260
2016 $10,527 $512,000 $450,800 $61,200
2015 $12,052 $726,000 $639,200 $86,800
2014 $11,220 $675,000 $595,300 $79,700
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19065460

California Regional Multiple Listing Service (CRMLS)

APN: 7480-034-021