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303 Crescent Ave

9,048 SF 100% Leased Retail Building Avalon, CA 90704 $10,205,784 CAD ($1,128 CAD/SF) 7% Cap Rate

Banks California Avalon 303 Crescent Ave, Avalon, CA 90704

Investment Highlights

  • A prime retail/residential building on Catalina Island, CA
  • 7% Proforma Cap Rate

Executive Summary

A prime retail/residential building on Catalina Island, CA, consisting of ±9,048 SF rentable square feet. Well-maintained over the years and requires minimal capital improvements. Leased by US Bank including immediate upside potential with high yielding short-term rental of the penthouse apartment.
2% fee to coop broker, call to show. Sign Broker Coop and receive OM.
7% Proforma Cap Rate

Attachments

10/23/24 updated brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
9,048 SF
Building Class
B
Year Built
1982
Price
$10,205,784 CAD
Price Per SF
$1,128 CAD
Cap Rate
7%
NOI
$714,405 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.00
Lot Size
0.10 AC
Zoning
AVC1*
Frontage
40 ft on Crescent
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Walk Score ®
Very Walkable (85)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 7480-017-023 Improvements Assessment $2,573,016 CAD
Land Assessment $910,908 CAD Total Assessment $3,483,924 CAD

PROPERTY TAXES

Parcel Number
7480-017-023
Land Assessment
$910,908 CAD
Improvements Assessment
$2,573,016 CAD
Total Assessment
$3,483,924 CAD
(714) 234-9947

Contact

  • Listing ID: 32094973

  • Date on Market: 2024-06-11

  • Last Updated:

  • Address: 303 Crescent Ave, Avalon, CA 90704

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303 Crescent Ave
(714) 234-9947 x

303 Crescent Ave

Peter Castleton

(714) 234-9947

(714) 234-9947

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