358 Metropole Ave Avalon, CA 90704
Estimated payment $11,856/month
Highlights
- Ocean View
- Fishing
- Main Floor Bedroom
- Golf Course Community
- 0.13 Acre Lot
- No HOA
About This Home
Rare Opportunity to Own a Triplex with Ocean and Canyon Views
Don’t miss this chance to purchase this triplex on an expansive lot on Catalina Island with endless possibilities to expand or develop the entire property. This property is already income producing and has untapped potential for growth and appreciation. Enjoy the breathtaking views of the ocean from the deck as well as the amazing canyon views from the back. The triplex consists of three units: Unit A is a 2 bed 1 bath, Unit B is a 2 bed 2 bath, and Unit C is a 1 bed 1 bath. The property also has approximately 3 golf cart parking spots in addition to street parking for your convenience. This is a rare opportunity to own a versatile and valuable property in a prime location.
Listing Agent
Andrew Lidgard Real Estate Inc Brokerage Email: andrew@lidgardinc.com License #01902459 Listed on: 08/06/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $16,412
Year Built
- Built in 1927
Lot Details
- 5,878 Sq Ft Lot
- No Common Walls
- Wood Fence
- Landscaped
- Lot Sloped Down
Property Views
- Ocean
- Panoramic
- Canyon
Home Design
- Triplex
- Wood Siding
Interior Spaces
- 1,780 Sq Ft Home
- 3-Story Property
- Entryway
- Family Room
- Gas Oven
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- Main Floor Bedroom
- 4 Bathrooms
Parking
- Parking Available
- Parking Deck
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Legal Lot and Block 36 / 22
- Assessor Parcel Number 7480032035
Community Details
Overview
- No Home Owners Association
- 3 Units
Amenities
- Laundry Facilities
Recreation
- Golf Course Community
- Fishing
Building Details
- 3 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $6,321
- Insurance Expense $9,135
- Operating Expense $15,456
- Gross Income $81,696
- Net Operating Income $66,240
Map
Home Values in the Area
Average Home Value in this Area
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 | $16,412 | $796,475 | $415,306 | $381,169 |
| 2024 | $16,412 | $780,859 | $407,163 | $373,696 |
| 2023 | $15,986 | $765,549 | $399,180 | $366,369 |
| 2022 | $15,140 | $750,539 | $391,353 | $359,186 |
| 2021 | $14,469 | $735,824 | $383,680 | $352,144 |
| 2020 | $13,915 | $728,280 | $379,746 | $348,534 |
| 2019 | $11,314 | $520,769 | $387,675 | $133,094 |
| 2018 | $11,075 | $510,559 | $380,074 | $130,485 |
| 2016 | $10,303 | $490,735 | $365,316 | $125,419 |
| 2015 | $9,353 | $483,365 | $359,829 | $123,536 |
| 2014 | $8,952 | $473,898 | $352,781 | $121,117 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Price Changed | $1,899,000 | -5.1% | $1,067 / Sq Ft |
| 12/06/2024 12/06/24 | Price Changed | $2,000,000 | -14.9% | $1,124 / Sq Ft |
| 10/08/2024 10/08/24 | Price Changed | $2,349,999 | -6.0% | $1,320 / Sq Ft |
| 08/06/2024 08/06/24 | For Sale | $2,499,999 | -- | $1,404 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | -- | Fidelity National Title | |
| Warranty Deed | -- | Stewart Title | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $700,000 | Purchase Money Mortgage | |
| Previous Owner | $500,000 | Purchase Money Mortgage |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24161934
APN: 7480-032-035
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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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