
Avalon, California 90704
This Turnkey Oceanfront Condominium represents a High-Potential Investment Opportunity, listed at $1,695,000. While currently priced slightly above the $1,604,744 Fair Market Value, the property’s Mint Condition Rating and proven track record as a short-term rental justify the premium. Featuring Panoramic Ocean Views, a Remodeled Kitchen, and access to Hamilton Cove Amenities, this unit offers a seamless transition for immediate income generation. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a premier, low-maintenance coastal sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 91 Playa Azul Subject | $1,695,000* List Price | 2 | 2 | 1,030 | $1,558 | - |
A 53 Camino De Flores Active | $1,200,000 List Price | 1 | 2 | 991 | $1,211 | - |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1988, the property has undergone a high-quality recent remodel. The kitchen features modern white shaker cabinets, granite countertops, and stainless steel appliances, while the bathrooms have been fully updated with contemporary vanities, glass shower enclosures, and designer tile. The interior is in mint condition with updated flooring and recessed lighting, requiring no immediate maintenance.
The property features spectacular, unobstructed panoramic views of the Pacific Ocean and coastline, a premium feature that significantly drives value and appeal in the Hamilton Cove community.
With a successful history as a short-term rental, this condo offers a turnkey investment opportunity for buyers looking to generate income in a highly sought-after vacation destination.
As an end-unit with only 24 steps to the entrance, this property offers enhanced privacy and superior accessibility compared to many other hillside units within the complex.
The monthly HOA fee of $1,925 is substantial, which significantly increases the ongoing carrying costs and may impact the net ROI for investors.
Priced at approximately $1,645 per square foot, the property represents a high capital investment for a relatively compact 1,030 square foot living space.
Catalina Island ~ Hamilton Cove ~ 91 Playa Azul. Spectacular, unobstructed panoramic ocean view from this highly desirable 2 bedroom, 2 bathroom end-unit condominium. Approximately 1,030 sq. ft., built in 1988, updated and remodeled. Only 24 steps to the unit and ideally located close to the clubhouse and HOA amenities. The open living area takes full advantage of the beautiful ocean view, creating an exceptional setting for relaxing, entertaining or working remotely. The end-unit is desirable and provides additional privacy. The property also has a successful history as a short-term rental. Hamilton Cove is a private gated oceanfront community offering a gated entrance with attendant, swimming pool, hot tub, clubhouse, fitness center, 18-hole putting course, tennis courts, beach areas, boat launch and storage yard. Catalina Island offers hiking, diving, snorkeling, golf, pickleball, boating and offshore fishing. This opportunity won’t last long. Seize the day and make this condo your slice of paradise!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 1.0 |
| Baths | 2.0 | 1.0 |
| Square foot | 1,030 | 749 |
| Lot Size | 806,665 | 46,955 |
| Price | $1.70M | $913.0K |
| Price per sq ft | $1.6K | $993 |
| Built year | 1988 | 1978 |
| HOA | $1925.0 | $766 |
| Days on market | 18 | 96 |
Aug 22, 2026
$1,695,000
Initial Listing
Oct 21, 2016
$900,000
Public Record