358 Metropole Avenue, Avalon, California 90704, Avalon, 90704 - bed, bath
358 Metropole Avenue
Avalon, California 90704
Property Price
SUMMARY
Analysis of 358 Metropole Avenue, Avalon, California 90704 is currently available with a list price of $1,550,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Avalon Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1927, this property is well-maintained for its age but shows signs of being outdated. The exterior images reveal weathered wooden decking with peeling finish and older siding. While the landscaping and brick pathways are in good condition and the property is currently income-producing, the 'aging infrastructure' note in the analysis and the lack of interior photos suggest that the kitchens, bathrooms, and major systems likely require modernization to meet current standards. It fits the criteria of an aged home maintained through regular upkeep but showing signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Income Potential
The property features three distinct units (2/1, 2/2, and 1/1), providing immediate rental income and a diversified portfolio for residential income investors.
- Exceptional Panoramic Views
Breathtaking views of both the Pacific Ocean and the surrounding canyon enhance the property's desirability and long-term value appreciation.
- Development Opportunity
Situated on an expansive 5,878 sqft lot, this property offers rare untapped potential for expansion or complete redevelopment in a high-demand island market.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1927, the property likely requires significant capital expenditure for modernization and maintenance to meet contemporary building standards.
- Restricted Full-Size Parking
While golf cart parking is provided, the reliance on street parking for full-sized vehicles can be a major inconvenience in the dense Avalon area.
- Limited Immediate Acquisition
The 'Active Under Contract' status suggests that the property is already tied up in a deal, making it difficult for new buyers to secure without a fallback.
About 358 Metropole Avenue
Rare Opportunity to Own a Triplex with Ocean and Canyon Views Don’t miss this chance to purchase this triplex on an expansive lot on Catalina Island with endless possibilities to expand or develop the entire property. This property is already income producing and has untapped potential for growth and appreciation. Enjoy the breathtaking views of the ocean from the deck as well as the amazing canyon views from the back. The triplex consists of three units: Unit A is a 2 bed 1 bath, Unit B is a 2 bed 2 bath, and Unit C is a 1 bed 1 bath. The property also has approximately 3 golf cart parking spots in addition to street parking for your convenience. This is a rare opportunity to own a versatile and valuable property in a prime location.
Property Details
Public Facts
- Property Type
- Triplex
- Year Built
- 1927
- Lot Size
- 5,878 Sq. Ft.
Interior
- Total Bedrooms
- -
- Total Bathrooms
- -
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | 1.5 | 50% |
| Baths | - | 1.0 | 50% |
| Square foot | 1,780 | 1,692 | 50% |
| Lot Size | 5,878 | 3,922.5 | 50% |
| Price | $1.55M | $1.17M | 50% |
| Price per sq ft | $871 | $681 | 50% |
| Built year | 1927 | 1919 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 171 | 50% |
Pricing History
Listed for Sale
Feb 5, 2026
$1,550,000
Initial Listing