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: 42
  • Year Built: 1916
  • HOA:
  • $/Sqft: $1,042
  • Lot: 4,223 Sqft
  • Property Type: Single Family
  • MLS#: PW16184629
  • MLS:
  • Listing Office: Marcus & Millichap
  • Listing Broker: Kevin King
  • Movoto last checked: 53 minutes ago
  • Last updated: 1 month ago

Home Features for 200 Marilla Ave, Avalon

Overview
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Real Estate Market Statistics of 200 Marilla Avenue , Avalon

Avalon, California

Total Inventory For Sale

21 Homes

-12% m/m -41% y/y

Median List Price

$649K

-3% m/m +1% y/y

Median Days On Market

167 Days

+13% m/m +50% y/y

Median House Size

990 Sqft

-32% m/m -19% y/y

Median Price Per Square Foot

$657 /Sqft

+2% m/m +7% y/y

Median Price

As of today, there are 21 properties listed for sale in ZIP code 90704 and 21 properties listed for sale in the city of Avalon, CA. This property at 200 Marilla Ave in 90704 is currently listed for $6,249,000. This is 863% above the $649,000 median price for Avalon and 863% above the 90704 median of $649,000. Of the 21 properties for sale in Avalon, 10 are single family homes and 11 are condos. 200 Marilla Ave is a single family home that is approximately 6,000 Sqft, 506% above the Avalon median of 990 and 506% above the 90704 ZIP code median of 990. The price per Sqft is $1,042, which is 59% above the median price in 90704 of $657 and 59% above the Avalon median of $657 per square foot.
Built in 1916, this single family house at 200 Marilla Ave is approximately 6,000 square feet and does not come with a parking spot. It is listed on 08/19/2016 for $6,249,000 with a cost per Sqft of $1,042.

200 Marilla Ave has been on the market for 42 days. The median days on the market for properties in this area is 167 with a median list price of $649,000 and median cost per square foot of $657. It's currently listed as active under the MLS #PW16184629.

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