332 Clemente Ave

Avalon, CA 90704

$1,800,000
Last Sold Price
14
Beds
10
Baths
5,439 Sq. Ft.
$331 / Sq. Ft.
5,439
Sq. Ft.
$331
per Sq. Ft.
Closed 5/24/21
Closed 5/24/21

Description

Catalina Island 8 unit multifamily property for sale! Windjammer Apartments on the market for the first time in over 20+ years! A unique income property located at 332 Clemente Ave. in the city of Avalon. This 14 bedroom, 9.5 bath building is an oldie but goody! Contemporary style fixer at a great price. Rarely do multi unit properties with this many units come onto the market. Take advantage of this rare opportunity to own a piece of Avalon that provides income as well as other uses like employee...Catalina Island 8 unit multifamily property for sale! Windjammer Apartments on the market for the first time in over 20+ years! A unique income property located at 332 Clemente Ave. in the city of Avalon. This 14 bedroom, 9.5 bath building is an oldie but goody! Contemporary style fixer at a great price. Rarely do multi unit properties with this many units come onto the market. Take advantage of this rare opportunity to own a piece of Avalon that provides income as well as other uses like employee housing for the business owner. Housing in Avalon is in short supply and there is high demand for rentals. The Windjammer Apartments offer 3 bedroom, 2 bedroom, 1 bedroom and studio options with a recently rebuild laundry room for all to share. Built in 1915 on a 5,805 +/- sq. ft. lot with an overall living space of 5,439 sq. ft. and hillside views. Recommended upgrade needed. Conveniently located on the East side of town close to restaurants, shopping, and entertainment.
  1. Listed by Jordan Lake • DRE #01953692 • Brokerage DRE #00971634 • Catalina Realtors

Property Details for 332 Clemente Avenue

Architectural Style
Contemporary
View
Hills, Neighborhood
Parking Spaces Total
0
Private Pool
No
Cooling Type
None
Total Units
9.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 05/24/2021 04:31 AM

Property Details for 332 Clemente Avenue

StatusClosed
MLS #SB19048507
Days on Market709
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1915
Lot Size0.13 AC / 5,822 SF
CountyLos Angeles County

Location

Listing Courtesy of Catalina Realtors, Jordan Lake, DRE #01953692

Sold By Catalina Realtors, Adam Thoricht, DRE #01965614

Add your commute

Building Information for 332 Clemente Avenue

Stories2Residences-Year Built1915Building Size-Lot Size0.13 AC / 5,822 SF

Payment Calculator

$12,439 per month

30 year fixed, 6.15% Interest

Principal and Interest

$8,773

Property Taxes

$3,666

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 332 Clemente Avenue

Rental Info
Rental Info
  • Tenant Pays: Cable TV, See Remarks
Income / Expense / Tax Details
Income Details
  • Gross Income: $2,000
  • Gross Scheduled Income: $125,940
  • Net Operating Income: $62,289
  • Laundry Income: $1,160
  • Current Financing: None
  • Financing: Cash
Expense Details
  • Operating Expense: $63,651
  • New Taxes Expense: $20,000
  • Fuel Expense: $7,200
  • Electric Expense: $7,200
  • Insurance Expense: $18,195
  • Professional Management Expense: $0
  • Other Expense: $1,909
  • Other Expense Description: Salt Wtr
  • Trash Expense: $4,346
  • Water Sewer Expense: $13,782
  • Total Expenses: $63,651
Tax / Assessment Info
  • Tax Block: 16
  • Tax Tract Number: 599100
  • Tax Census Tract: 5990.00
  • Tax Lot: 3,4
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Unknown
  • Community Features: Curbs, Golf, Gutters, Hunting, Mountainous, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Water Heater
  • Equipment: Dryer, Gas Or Electric Dryer Hookup, Washer
  • Interior Features: 2 Staircases
  • Laundry: Yes
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: None
  • Heating Type: Electric, Natural Gas
  • Heating: Electric, Natural Gas
Exterior Features
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Construction Materials: Wood Siding
  • Fence: No
  • Fence: None
  • Fencing: None
  • Property Condition: Fixer
  • View Description: Hills
  • Pool Features: None
  • Pool Description: None
  • Spa Features: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre, Back Yard, Level with Street
  • Number Of Units: 9
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Sewer: Public Sewer
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: No
  • Parking Garage: On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,050
  • Unit Type Total Rent: $1,050
  • Unit Type Pro Forma: 1900
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,420
  • Unit Type Total Rent: $1,420
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1850
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,100
  • Unit Type Total Rent: $1,100
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit 5
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1050
  • Unit Type Type: 5
Unit 6
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $1,200
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 6
Unit 7
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,500
  • Unit Type Total Rent: $1,500
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 7
Unit 8
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $400
  • Unit Type Total Rent: $400
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 8
Unit 9
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $900
  • Unit Type Total Rent: $900
  • Unit Type Pro Forma: 1200
  • Unit Type Type: 9
Unit Information
  • Number Of Units Leased: 9
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Property History for 332 Clemente Avenue

DateEvent & SourcePriceAppreciation
May 24, 2021

Sold

CRMLS #SB19048507

$1,800,000—
May 24, 2021

Sold

CLAW #SB19048507MR

$1,800,000—
Apr 15, 2021

Sold (Public Record)

Public Record #1461312318

$1,800,000—
Mar 23, 2021

Pending

CLAW #SB19048507MR

—
Mar 23, 2021

Pending

CRMLS #SB19048507

—
Mar 11, 2019

Listed (Active)

CLAW #SB19048507MR

$2,200,000—
Mar 11, 2019

Listed (Active)

CRMLS #SB19048507

$2,200,000—
DateEvent & SourcePrice
05/24/2021

Sold

CRMLS #SB19048507

$1,800,000
05/24/2021

Sold

CLAW #SB19048507MR

$1,800,000
04/15/2021

Sold (Public Record)

Public Record #1461312318

$1,800,000
03/23/2021

Pending

CLAW #SB19048507MR

—
03/23/2021

Pending

CRMLS #SB19048507

—
03/11/2019

Listed (Active)

CLAW #SB19048507MR

$2,200,000
03/11/2019

Listed (Active)

CRMLS #SB19048507

$2,200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 332 Clemente Avenue

Taxable ValueLand$1,055,370Additions$893,005Total$1,948,375
Tax Record2025$43,991 ($3,666 / month)
Home Facts
Total Finished SqFt5,439 SqFtAbove Grade Finished SqFt5,439 SqFtLot Size5,807 SqFtStyleMulti-Family Res (5+ Units)Year Built1915ZoningAVR3*CountyLOS ANGELESAPN7480-038-005

Schools near 332 Clemente Avenue

This home is within Long Beach Unified School District.
Rating
School
Type
Grades
Distance
Avalon K-12
Public - K to 12
Renaissance High School For The Arts
Public - 9 to 12
Clear Passage Educational Center
Charter - 9 to 12
Educational Partnership High School
Public - 9 to 12
Rating
School
Distance
Avalon K-12
PublicK to 12

Renaissance High School For The Arts
Public9 to 12

Clear Passage Educational Center
Charter9 to 12

Educational Partnership High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Catalina Realtors, Jordan Lake, DRE #01953692

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.