RARE EIGHT-UNIT INVESTMENT OPPORTUNITY ON BEAUTIFUL CATALINA ISLAND! Located on the corner of Vieudelou Avenue and Marilla Avenue, 132 Vieudelou offers an exceptional opportunity to acquire a versatile income-producing property in the heart of Avalon. Just up the street from Step Beach and within easy walking distance of downtown beaches, shops, restaurants, and the waterfront, this desirable location combines convenience and versatility. This eight-unit property presents several attractive possibilities for investors and business owners alike. Expand your real estate portfolio, explore a 1031 tax-deferred exchange, or provide much-needed employee housing for local businesses. Another appealing option is to reserve one unit as a personal Catalina Island retreat while maintaining rental income from the remaining seven units. An on-site coin-operated laundry facility adds convenience for tenants while generating supplemental income. With established rental income, multiple ownership possibilities, and a prime location in one of Southern California's most unique coastal communities, 132 Vieudelou offers a compelling opportunity to invest in Catalina Island real estate. Eight-unit properties in Avalon are seldom available, making this a noteworthy addition to any real estate investment portfolio.
Avalon is located in California. Avalon, California has a population of 3,514. Avalon is less family-centric than the surrounding county with 18.63% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Avalon, California is $78,221. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Avalon is 45 years.
The average high temperature in July is 78.3 degrees, with an average low temperature in January of 48.4 degrees. The average rainfall is approximately 13.7 inches per year, with 0 inches of snow per year.
