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200 Marilla Ave
Avalon, CA 90704

Catalina Boat House · Hospitality Property For Sale · 6,000 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.10 AC
Building Size 6,000 SF
No. Stories 2
Year Built 1916

Amenities

  • Balcony

About 200 Marilla Ave , Avalon, CA 90704

We are pleased to present The Catalina Boat House, a 23 studio-style apartment complex. The apartment complex is currently leased to the Santa Catalina Island Company as corporate housing for the next two years and then there are two one-year options with three percent increases per year. The tenant pays for water, gas, electricity, sewer, trash collection, cable TV, and more. Landlord pays a portion of the tax bill, maintenance of roof, A/C and heating units, and fire insurance since the landlord is listed as an additionally insured by tenant. The roof is less than nine years old, the plumbing is approximately 90 percent copper, electrical is newer, and the living units look sharp inside and out. No Management is needed as tenant is housing their own resident manager on-site. This is truly a unique investment opportunity with an income stream currently secured by the largest employer in the city of Avalon, Catalina Island. The 6,000-square foot building is located on a 4,209-square foot parcel, one block up from the harbor in Catalina' s only incorporated city, Avalon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
7480-019-010
Land Assessment
$2,300,325
Improvements Assessment
$643,917
Total Assessment
$2,944,242

zoning

Zoning Code R3, Avalon (Hotel, Multi-family, short term rental, vacation rental)
R3, Avalon (Hotel, Multi-family, short term rental, vacation rental)
  • Listing ID: 3809424

  • Date on Market: 2016-09-24

  • Last Updated:

  • Address: 200 Marilla Ave, Avalon, CA 90704

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