
Avalon, California 90704
This Short-Term Rental Asset is listed at $695,000, representing a market premium over the $606,577 Fair Market Value due to its rare, transferable Transient Rental License. The property features Panoramic Harbor Views of the iconic Casino and a Large Private Patio overlooking Avalon Harbor. Currently holding a Fair Condition Rating, the 1978 interior provides a clear modernization opportunity to enhance rental yields and property value. Situated 2.5 blocks from downtown in the Long Beach Unified district, this unit with a Pool and Spa is ideal for Vacation Rental Investors or Second-Home Buyers.
Property is moderate renovation needed.
Built in 1978 (46 years old), the unit is dated with what appears to be original kitchen cabinetry, white appliances, and an older bathroom vanity. While the laminate plank flooring is a recent improvement, the popcorn ceilings and aged fixtures require modernization to move beyond the 'Fair' designation.
The unit features a large private patio offering panoramic views of the Avalon Harbor, the historic Casino, and surrounding hillsides, providing a premium island experience.
A rare and valuable Transient Rental License transfers with the sale, allowing for immediate short-term rental income in a high-demand vacation destination.
Situated just 2.5 blocks from downtown beaches and shops, the property includes highly desirable underground parking and access to community pool and hot tub facilities.
The association fee of $766 per month is relatively high for a one-bedroom unit, which may impact the overall return on investment for some buyers.
At 749 square feet with only one bedroom, the property may feel restrictive for long-term residents or larger groups, limiting its appeal to a specific buyer demographic.
Casino View Catalina Island Bahia Vista Condominium! ~ 1 Bedroom, 1 Bath, 749 SF +/- sq. ft. single level condo. Built in 1978, the unit features a spacious open floorplan with lots of natural light pouring into the sunny living room. Living room sliding glass door leads to a giant private patio with views of the hillsides, neighborhood, iconic Casino and Avalon Harbor. It also overlooks the pool and hot tub. Laminate plank flooring throughout. Large bedroom with 2 mirrored closets and attached full bathroom. Kitchen with laundry room includes appliances and washer and dryer. Property has a Transient Rental License for short term rentals that transfers with the sale. Association amenities include swimming pool, hot tub, and highly desirable off-street underground parking. A small storage space is included in front of the parking spot. Conveniently located 2 1/2 blocks from downtown Avalon's beaches, restaurants, and shops. Avalon is a great destination to escape and work remotely. Take advantage of this opportunity to own in Avalon and let this condo be your slice of paradise!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 29% |
| Baths | 1.0 | 2.0 | 29% |
| Square foot | 749 | 860 | 14% |
| Lot Size | 46,955 | 806,665 | 29% |
| Price | $695.0K | $999.0K | 29% |
| Price per sq ft | $928 | $928 | 50% |
| Built year | 1978 | 1986 | 14% |
| HOA | $766.0 | $1.8K | 14% |
| Days on market | 30 | 124 | 14% |
May 7, 2026
$695,000
Initial Listing
Jul 13, 2017
$400,000
Public Record