Est. cap rate

2.5%

Assumed rent, all units

$5,940/mo

Units

2

Price per unit

$712,500

Est. annual NOI

$35,640

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

4

Bathrooms

2

Building size

1,924 sqft

Lot size

2,372 sqft

Year built

1938

Stories

2

Garage spaces

0

Style

Contemporary

Heating

Electric,Ductless,Wall Furnace

Cooling

Electric,Ductless

Pool

None

View

Coastline,Bay,City Lights,Neighborhood,Harbor,Hills

Status

Active

Days on market

0

MLS #

249077025

About this property

CATALINA ISLAND ~ DUPLEX WITH HILLSIDE AND CASINO VIEWS! 310 Whittley Avenue #A offers an opportunity to own a two-unit property in the resort town of Avalon on Catalina Island. Built in 1938 and completely renovated in 2021/2022, this 1,924 sq.ft. +/- duplex is situated on an approximately 2,372 sq. ft. lot and is conveniently located within walking distance of Avalon's downtown beaches, restaurants, shops, and waterfront. The upper unit features 2 bedrooms and 1 bathroom, high ceilings, and a living room with a fireplace. An updated kitchen with newer appliances, washer and dryer and exterior door to front landing lounge area with BBQ. A second bedroom is off the living room which has lots of natural light with many windows. Sit and enjoy the view, or use as a guest room, office space or bonus area. The lower unit is a separate 2 bedrooms, 1 bathroom residence with its own living area, kitchen, and outdoor sitting space. The beautifully remodeled bathroom with walk in shower, and in-unit laundry adds convenience. Folding doors open onto an outdoor patio with views of the neighborhood, hillside and provides additional space to enjoy the island surroundings. The two-unit configuration offers flexibility for an owner to occupy one residence while renting the other, maintain both as income-producing rentals, or accommodate extended family and guests. With desirable views, outdoor living areas, and an elevated location near the heart of Avalon, 310 Whittley Avenue #A presents an attractive opportunity to own a versatile duplex on Catalina Island.

Location

310 Whittley #A

Avalon, Los Angeles, CA, 90704