
Avalon, California 90704
This Avalon triplex represents a High-Potential Investment Opportunity, listed at $2,788,888—positioned slightly above the $2,684,901 Fair Market Value. While the price reflects a premium, the asset includes three transferable Transient Rental Licenses, providing immediate, rare income-generating capability. With a Condition Rating of 3, this 2014-built property features modern amenities, including Fujitsu mini-splits and a garage. This turnkey package, complete with furnishings and a golf cart, is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand coastal rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 359 Sumner Subject | $2,788,888* List Price | 6 | 4 | 2,832 | $948 | - |
A 337 Clemente Active | $1,999,000 List Price | 7 | 5 | 2,318 | $862 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2014 (12 years old), the property falls within the 10-20 year range. It is well-maintained and move-in ready, featuring modern kitchens and bathrooms, Fujitsu mini-split HVAC systems, and updated interiors.
The property includes three transferable Transient Rental Licenses (TRLs), a highly valuable and rare asset in Avalon that enables immediate short-term vacation rental income across all units.
Built in 2014, this triplex offers modern kitchens, bathrooms, Fujitsu mini-split systems, and a rare garage, providing a contemporary living experience with significantly lower maintenance needs than older island homes.
The sale includes all furnishings and a Star Electric golf cart, offering a seamless, move-in-ready transition for investors looking to capitalize on the Avalon tourism market without additional setup costs.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =2269, other record lot size in square feet = 2328.
With a list price of nearly $2.8 million, the high cost per square foot may challenge investors seeking high immediate yields or those sensitive to current interest rate environments.
The property features views of the hills and neighborhood rather than the premium ocean or harbor views that typically command the highest rental premiums and resale value in the Catalina market.
Avalon Triplex Investment Opportunity! Rare Avalon triplex investment opportunity offering 2,832 square feet of living space, three vacation-rental units, coastal charm, and the convenience of a newer build with a garage, modern kitchens and bathrooms, Fujitsu heating and AC, laundry in each unit and tasteful decor. Unit A features a two-story, 3 bedroom, 2 bathroom, a main level living room, kitchen, full bathroom, bedrooms are upstairs, Primary bedroom has electric fireplace, large deck with city and hillside views and ample space for families and larger groups. Unit B indoor staircase in entry to living area, which opens to kitchen, hallway leads to 2 bedrooms and 1 full bathroom. Unit C is single-level, 1 bedroom, 1 full bathroom, with the convenience of a fully equipped kitchen and comfortable living room. Ideally located close to downtown shops, restaurants, and the beach, this property offers an exceptional opportunity to enjoy the best of Avalon while creating potential rental income. Property has 3 transferrable Transient Rental Licenses (TRL's) for short-term renting. Property is being sold furnished, with a Star Electric golf-cart. The property allows for so many possibilities for an island investment—from vacation rentals to personal use or a combination of both. Make this unique Avalon triplex your Catalina Island investment opportunity and start enjoying the coastal lifestyle!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 2.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 2,832 | 2,801 |
| Lot Size | 2,269 | 2,479 |
| Price | $2.79M | $1.62M |
| Price per sq ft | $985 | $789 |
| Built year | 2014 | 1930 |
| HOA | $0 | $0 |
| Days on market | 32 | 70 |
Aug 8, 2026
$2,788,888
Initial Listing
Oct 1, 1999
$200,000
Public Record