
Avalon, California 90704
This Hamilton Cove Villa represents a High-Potential Investment Opportunity, listed at $1,062,000—positioned slightly above the $1,031,681 Fair Market Value. While the property requires modernization due to its Condition Rating of 4, it features a rare, transferable Vacation Rental License and expansive dual private patios. The 1,200 sqft layout provides significant rental utility in a high-demand tourist market. This asset is best suited for Buy-and-Hold Investors seeking immediate income potential or Owner-Occupants looking to personalize a coastal retreat.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50 Playa Azul Subject | $1,062,000* List Price | 1 | 2 | 1,200 | $860 | - |
A 72 Camino De Flores 10 Sold | $999,000 | 2 | 2 | 1,049 | $952 | 0.0 mi |
B 36 Playa Azul Sold | $1,280,000 | 2 | 2 | 1,527 | $838 | 0.1 mi |
C 78 Gaviota Active | $1,300,000 List Price | 2 | 2 | 1,660 | $783 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1988 (36+ years old) and appears to retain most of its original finishes. The kitchen and bathrooms are dated, featuring 1980s-style white tile countertops, grout lines, and older white appliances. While the unit is well-maintained and functional for its current use as a vacation rental, it exceeds the 20-year threshold for modern updates and requires cosmetic and system modernization to meet current 'Good' or 'Excellent' standards.
The property includes a rare Vacation Rental License that can transfer to the new owner, offering immediate income-generating potential in a high-demand tourist destination.
With two large private patios—one off the main living area and another off the master bedroom—the villa maximizes indoor-outdoor living and provides multiple vantage points for ocean views.
At 1,200 square feet, this one-bedroom villa offers a spacious dual-level floor plan with two bathrooms, providing a level of comfort and privacy typically found in larger homes.
The monthly association fee of $1,925 is substantial, which may impact the property's net ROI for investors and significantly increase the monthly cost of ownership.
The unit requires navigating two flights of stairs for entry, which could be a drawback for individuals with mobility concerns or those seeking easier access for luggage and groceries.
Beautiful 1 bedroom, 2 bath, dual level Hamilton Cove Villa, with partial ocean views. Entry is up two flights of stairs, to a large entry way, which opens to the living room, dining room, and kitchen. There is also a bathroom with dual sinks, stall shower and toilet for your guests. The living room and dining room, both have a set of French doors that open to a large outdoor private patio. Ocean view is between two buildings in front of you and to the right side looking at the Cove. The upstairs lends itself to guests with the separate bathroom. The kitchen is well appointed with tile counter tops, white cabinets, and plenty of storage. The laundry room with washer and dryer included is also a large storage room and located upstairs by the front door. Downstairs features the Master bedroom, with a walk-in closet, and master bathroom, with tub shower and single sink vanity. Off of this bedroom is another private patio with access to the street below and your golf cart parking spot. This property does Not include a golf cart but will have a single City of Avalon Parking permit available once you own it. The property currently has a Vacation Rental License, that can transfer one time to the new owner. Property is mostly furnished. Call today to schedule a private showing.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 1.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,200 | 749 |
| Lot Size | 806,665 | 46,955 |
| Price | $1.06M | $913.0K |
| Price per sq ft | $885 | $993 |
| Built year | 1988 | 1978 |
| HOA | $1925.0 | $766 |
| Days on market | 37 | 96 |
Aug 3, 2026
$1,062,000
Initial Listing