200 Marilla Ave
Avalon, CA 90704

Bd   — Ba   6,000 Sqft
We are are pleased to present The Catalina Boat House, a 23 studio-style apartment complex. 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. The Catalina Boat House has been operated as a hotel for the last decade and recently has been transforming to an 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.
  • Zipcode: 90704
  • Days on Movoto: 308
  • Year Built: 1916
  • HOA: $0 HOA
  • $/Sqft: $916
  • Lot: 4,223 Sqft
  • Property Type: Multi Family
  • MLS#: PW16184629
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listed By: Kevin King

Home Features for 200 Marilla Avenue, Avalon

Overview
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Property History for 200 Marilla Avenue, Avalon

Status
Date
Price
Price Change
Jan 31, 2017
$5,495,000
Price Change
Dec 14, 2016
$5,995,000
Listed
Aug 19, 2016
$6,249,000
#PW16184629
Listed
May 9, 2016
$6,249,000
#PW16098007
Built in 1916, this multi family house at 200 Marilla Ave, Avalon CA, 90704 is approximately 6,000 square feet and does not come with a parking spot. It was last listed with a cost per Sqft of $916.

200 Marilla Ave, Avalon CA, 90704 was on the market for 308 days. The median days on the market for properties in this area is 124 with a median list price of $1,100,000 and median cost per square foot of $649. Its current status is removed under the MLS #PW16184629.

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