NOT LISTED FOR SALE

346 Descanso Ave Avalon, CA 90704

Estimated Value: $1,349,000 - $2,052,000

7 Beds
4 Baths
3,288 Sq Ft
$532/Sq Ft Est. Value

Last Sold September 10, 2021

Last sale price $1,462,500 $445 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,569/month

114 Days on Market

Highlights

  • Ocean View
  • Fishing
  • Open Floorplan
  • Golf Course Community
  • Updated Kitchen
  • Dual Staircase

About This Home

As of September 2021

Catalina Island Quadraplex! This multiunit property located on the flats many would argue is on the most sought after street in Avalon. Upper Descanso Avenue has all of the convenience with much less of the noise. All four of the units are 822 Sq. Ft. of living space 3,288 sq. ft. (+/-) total. 3 of the 4 units are being used as 2 bedroom 1 bath with the 4th unit staying with the original spacious dining, living room and 1 bed 1 bath configuration. Built in 1927 this Spanish style building was ahead of its time. Unique features to note: separate utility meters, high ceilings, crown molding, breakfast nook, upgraded countertops and tile work, individual washer and dryers, ocean and hillside view. Family owned and maintained in good shape. Fantastic proximity 3 blocks to downtown beaches, restaurants, and shops. Seize the opportunity to own an investment income property in Avalon. Currently the property does not have a vacation rental permit (C.U.P.) for any of the units.

Last Agent to Sell the Property

Jordan Lake

Earl Schrader License #01953692 Listed on: 03/01/2021

Last Buyer's Agent

Jordan Lake

Earl Schrader License #01953692 Listed on: 03/01/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1927 | Remodeled

Lot Details

  • 2,315 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Wood Fence
  • Fence is in average condition
  • Rectangular Lot
  • Level Lot
  • Value in Land

Property Views

  • Ocean
  • Coastline
  • Bay
  • Hills
  • Neighborhood

Home Design

  • Spanish Architecture
  • Quadruplex
  • Cosmetic Repairs Needed
  • Pillar, Post or Pier Foundation
  • Combination Foundation
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,288 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Dual Staircase
  • Built-In Features
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Track Lighting
  • Blinds
  • Stained Glass
  • Wood Frame Window
  • Window Screens
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Free-Standing Range
  • Range Hood
  • Microwave
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops
  • Tile Countertops
  • Pots and Pans Drawers
  • Utility Sink
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms | 4 Main Level Bedrooms
  • Converted Bedroom
  • Remodeled Bathroom
  • 4 Full Bathrooms
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Public Parking
  • On-Street Parking
  • Off-Street Parking

Outdoor Features

  • Brick Porch or Patio
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Vented Exhaust Fan
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • More Than Two Accessible Exits
  • Property is near park

Listing and Financial Details

  • Legal Lot and Block 16 / 18
  • Tax Tract Number 599100
  • Assessor Parcel Number 7480036018

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Mountainous Community

Recreation

  • Golf Course Community
  • Fishing
  • Hunting
  • Park
  • Water Sports
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Year Built

Built in 1927 | Remodeled

Lot Details

0

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Inclusions: Some furnishings and furniture.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: AVR3*
  • Architectural Style: Spanish
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Sub Type: Quadruplex
  • Property Type: Residential
  • Parcel Number: 7480036018
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3288.00 Square Feet
  • Interior Amenities: 2 Staircases, Built-in Features, Ceiling Fan(s), Crown Molding, Granite Counters, High Ceilings, Open Floorplan, Pantry, Storage, Tile Counters, Track Lighting, Unfurnished
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Eating Area: Breakfast Nook, Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 444.80
  • Room Type: Converted Bedroom, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Blinds, Screens, Stained Glass, Wood Frames
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Remodeled, Tile Counters
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Pots & Pan Drawers, Remodeled Kitchen, Tile Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Combination, Concrete Perimeter, Pillar/Post/Pier, Raised
  • View: Bay, Coastline, Hills, Neighborhood, Ocean
  • Fence: Yes
  • Fencing: Average Condition, Wood
  • Patio And Porch Features: Brick, Patio
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Parking Features: Off Street, Public, Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Oven, Gas Range, Gas Water Heater, Ice Maker, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Individual Room, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Fishing, Golf, Hiking, Gutters, Horse Trails, Park, Hunting, Watersports, Mountainous, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Rectangular Lot, Level, Park Nearby, Value In Land
  • Lot Size Sq Ft: 2315.00
  • Lot Size Acres: 0.0531
  • Latitude Manual: 33.34026700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2315.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Block: 18
  • Tax Census Tract: 5990.00
  • Tax Lot: 16
  • Tax Tract Number: 599100

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2013
Sold by
Salo Linda G Myers and Salo Linda
Bought by
Salo Linda G and Salo Revocable Trust
Current Estimated Value
$1,749,446

Purchase Details

Closed on
Feb 5, 2011
Sold by
Myers Suzanne E
Bought by
Myers Northrop Nancy Y

Purchase Details

Closed on
May 22, 2001
Sold by
Myers Dennis George
Bought by
Goossen Suzanne

Purchase Details

Closed on
May 17, 2000
Sold by
Salo Linda G
Bought by
Salo Ronald F and Salo Linda G
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salo Linda G -- None Available
Myers Northrop Nancy Y -- None Available
Goossen Suzanne -- --
Salo Ronald F -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2021 09/10/21 Sold $1,462,500 -8.6% $445 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $1,600,000 -- $487 / 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 $29,177 $1,552,016 $1,061,208 $490,808
2024 $27,883 $1,521,585 $1,040,400 $481,185
2023 $27,235 $1,491,750 $1,020,000 $471,750
2022 $12,698 $375,427 $199,586 $175,841
2021 $11,997 $368,067 $195,673 $172,394
2020 $11,274 $365,414 $193,667 $171,747
2019 $11,000 $358,272 $189,870 $168,402
2018 $10,767 $351,270 $186,148 $165,122
2016 $10,053 $336,556 $178,921 $157,635
2015 $8,940 $331,502 $176,234 $155,268
2014 $8,450 $325,009 $172,782 $152,227
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB21041394

California Regional Multiple Listing Service (CRMLS)

APN: 7480-036-018