NOT LISTED FOR SALE

360 Eucalyptus Ave Avalon, CA 90704

Estimated Value: $1,041,000 - $1,606,000

3 Beds
3 Baths
2,079 Sq Ft
$657/Sq Ft Est. Value

Last Sold March 11, 2020

Last sale price $775,000 $373 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,741/month

114 Days on Market

Highlights

  • Golf Course Community
  • View of Hills
  • Wood Flooring
  • Fishing
  • Property is near park
  • 4-minute walk to Avalon Kids and Dog Park

About This Home

As of March 2020

Calling this one “Island Vibes”. Located on an extra large corner lot, on the flats on one of the only walking streets on the island. This multi family 3 unit income property is ready to live in and rent as is, and there is much potential for re-configuring, building and adding extra living space. Who wouldn’t want to live or have a second home on beautiful Catalina Island, in the charming city of Avalon with so much to do, and tranquility at the same time. From great restaurants, beautiful beaches and night life to adventurous activities such as snorkeling, scuba, zip lining, hiking, camping, biking, off-roading, parasailing, and so much more. If you like Island lifestyle, this one’s for you.

Last Agent to Sell the Property

Steven Simonetti

Simonetti & Associates Brokerage Phone: 310-621-5155 License #00368946 Listed on: 10/18/2019

Last Buyer's Agent

Steven Simonetti

Simonetti & Associates Brokerage Phone: 310-621-5155 License #00368946 Listed on: 10/18/2019

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1938

Lot Details

  • 2,130 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Turnkey
  • Raised Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,079 Sq Ft Home
  • Beamed Ceilings
  • Wood Frame Window
  • Living Room
  • Storage
  • Views of Hills
  • Gas Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Exterior Lighting
  • Outbuilding

Location

  • Property is near park

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Overhead Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 27 / 20
  • Tax Tract Number 5370
  • Assessor Parcel Number 7480034027

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Recreation

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

Building Details

  • 1 Leased Unit
  • Electric Expense $1,906
  • Fuel Expense $1,061
  • Insurance Expense $2,600
  • Other Expense $904
  • Trash Expense $2,172
  • Water Sewer Expense $4,956
  • New Taxes Expense $10,612
  • Operating Expense $23,307
  • Gross Income $51,000
  • Net Operating Income $27,693

Property Details

Home Type

Multi-Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 4956.00
  • Zoning: AVR3*
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Parcel Number: 7480034027
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Beamed Ceilings, Storage, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 372.78
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Wood Frames

Exterior Features

  • Foundation: Raised
  • Other Structures: Outbuilding
  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Tankless Water Heater
  • Electric: Standard
  • Heating Type: Wall Furnace, Natural Gas
  • Laundry Features: Common Area, Gas Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 2172.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Level with Street, Rectangular Lot, Park Nearby, Utilities - Overhead, Walkstreet
  • Lot Size Sq Ft: 2130.00
  • Lot Size Acres: 0.0489

Multi Family

  • Electric Expense: 1906.00
  • Fuel Expense: 1061.00
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 2130.0000 Square Feet
  • Net Operating Income: 27693.00
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 23307.00
  • Other Expense: 904.00
  • Other Expense Description: salt wtr
  • Rent Control: No
  • Total Actual Rent: 1150.00
  • Total Expenses: 23307.00

Tax Info

  • New Taxes Expense: 10612.00
  • Tax Block: 20
  • Tax Census Tract: 5990.00
  • Tax Lot: 27
  • Tax Tract Number: 05370

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2019
Closed on
Mar 6, 2020
Sold by
Paquette Leslie
Bought by
Paquette George Michael
Seller's Agent
Steven Simonetti
Simonetti & Associates
Buyer's Agent
Steven Simonetti
Simonetti & Associates
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%
Current Estimated Value
$1,365,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,902
Avg. Annual Appreciation
10.28%
Original Mortgage
$155,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 18, 2019
Closed on
Feb 13, 2020
Sold by
Licausi Susan V
Bought by
Paquette George Michael and Hoyt Corey Patrick
Seller's Agent
Steven Simonetti
Simonetti & Associates
Buyer's Agent
Steven Simonetti
Simonetti & Associates
List Price
$849,000
Sold Price
$775,000
Premium/Discount to List
-$74,000
-8.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2018
Sold by
Licausi Susan V
Bought by
Licausi Susan V

Purchase Details

Closed on
Feb 25, 1999
Sold by
Wagner Patricia
Bought by
Licausi William H and Licausi Susan V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 22, 1998
Sold by
Sargent Frances
Bought by
Wagner F Grant
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Paquette George Michael -- North American Title Company
Hoyt Corey Patrick -- North American Title Company
Paquette George Michael $775,000 North American Title Company
Licausi Susan V -- None Available
Licausi Susan V -- None Available
Licausi William H $400,000 Orange Coast Title
Wagner F Grant -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hoyt Corey Patrick $155,000
Closed Paquette George Michael $581,250
Previous Owner Licausi William H $320,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2020 03/11/20 Sold $775,000 -8.7% $373 / Sq Ft
02/09/2020 02/09/20 Pending -- -- --
10/18/2019 10/18/19 For Sale $849,000 -- $408 / 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 $19,270 $1,042,734 $431,988 $610,746
2024 $19,270 $830,952 $423,518 $407,434
2023 $18,738 $814,660 $415,214 $399,446
2022 $17,705 $798,687 $407,073 $391,614
2021 $16,923 $783,028 $399,092 $383,936
2020 $13,693 $573,375 $451,539 $121,836
2019 $13,389 $562,134 $442,686 $119,448
2018 $13,103 $551,112 $434,006 $117,106
2016 $12,215 $529,713 $417,154 $112,559
2015 $11,010 $521,757 $410,888 $110,869
2014 $10,500 $511,538 $402,840 $108,698
Source: Public Records

Agents Affiliated with this Home

  • Steven Simonetti

    Seller's Agent in 2020

    Steven Simonetti

    Simonetti & Associates

    (310) 621-5155

    91 Total Sales

    Steven Simonetti
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PV19246478

California Regional Multiple Listing Service (CRMLS)

APN: 7480-034-027

California Los Angeles County Avalon 90704

360 Eucalyptus Ave, Avalon, CA

Not Listed for Sale

MultiFamily

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