324 Las Lomas Rd, Avalon, CA 90704
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324 Las Lomas Rd Avalon, CA 90704

$1,700,000
  • 3 Beds
  • 2.5 Baths
  • 1,720 Sq.Ft.
For Sale
$1,700,000 Get Pre-Qualified

Map preview of 324 Las Lomas Rd, Avalon, CA 90704

Property Overview: 324 Las Lomas Rd Avalon, CA has 3 bedrooms, 2.5 bathrooms, 1,720 living square feet and 3,135 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Welcome to Paradise on Catalina Island! This duplex on the west hillside of Avalon Bay features 2 bedrooms and 1.5 baths upstairs with ocean views from the living room and both bedrooms as well as the expansive patio. The lower level consists of a secluded 1 bedroom, 1 bath, living room and full kitchen. This year round rental unit has its own entrance from Hiawatha Ave. Both are a short distance to the beach and all Avalon has to offer. Live in one, rent out the other! Designed and constructed by the renowned David Malcolm (D.M.) Renton, friend and architect for the William Wrigley Family, in 1926 (per assessor). This beautiful duplex consists of 1720 square feet of living space and sits on a 3135 square feet lot. The main, 2 bedroom home, has a wood burning fireplace surrounded by Batchelder custom tiles. Both electrical and plumbing were updated during in 1994. Hardwood floors, wide baseboards, crown molding, ceiling fans and floods of natural light. This home is equipped with interior sprinkler fire system. The outdoor deck has an amazing ocean view, lighting and wrap around bar seating. There are many spaces to explore throughout the yard. There is a large storage unit just below the new deck added in 2020. Galley kitchen with gas range, microwave, dishwasher and double stainless steel sinks and loads of natural light. All appliances included. Home has A/C & heat on upper level. The off street parking even has a gorgeous view. Come visit Island life today! Possibilities with city and Edison approval; Add an ADU where the terrace is. Also, the garage is approximately 9'x19' with 10' ceilings, might be convertible to a studio apartment as well with open concept, kitchen/living room/Clei Italy Wall bed with sofa and maybe even a loft. Another possibility is to convert to a bedroom suite for the downstairs unit. 1031 Exchanges welcomed!

Listed by STACY MYERS | BRE #01433071 | RE/MAX CHAMPIONS
Last checked: 6 minutes ago | Last updated: April 3rd, 2024 | Source CRMLS | DOM: 423
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Home details

Lot Sq. Ft
3,135
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
IV23058553
City
Avalon
County
Los Angeles
Time on Site
435 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 0
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Actual Rent: $3,275
  • Total Rent: $3,275
  • Pro Forma/Market Rent: $3,400
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $30,000
  • Net Operating Income: $27,000
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $3,000
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0
  • Other Expenses: $0
  • Other Expense Description: info to

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Property Details for 324 Las Lomas Rd

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, See Remarks
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • In Closet
Fireplace Information
  • Has Fireplace
  • See Remarks
Room Information
  • Galley Kitchen
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Off Street
Lot Information
  • Lot Features: Garden
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Bay, Canyon, City Lights, Harbor
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 7480025012
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Sewer Assessments
  • Water Source: Private
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: From town, take Marilla Ave to Las Lomas, turn right.
Neighborhood Information
  • Community Features: Biking, Curbs, Dog Park, Golf, Hiking
View more facts & features

Local Avalon Agent

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Sale History for 324 Las Lomas Rd

View property's historical transactions
  • April, 2023

  • Apr 9, 2023

    Date

    Active

    CRMLS: IV23058553

    $1,700,000

    Price

Tax History for 324 Las Lomas Rd

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

324 Las Lomas Rd is listed 55.25% higher than the median list price for the city of Avalon which has a median list price of $1,095,000. The median price per/sqft for Avalon is $1,034 and this home is listed at $988.37 per/sqft which puts the price per square foot 4.41% lower than the median price per square foot for the city of Avalon.

About 324 Las Lomas Rd

Detailed summary of property

324 Las Lomas Rd is a single family home located in Avalon, CA 90704 and is currently for sale. This house offers 3 bedrooms, 2.5 bathrooms, roughly 1,720 living square feet, and sits on an approximately 3,135 square foot lot. 324 Las Lomas Rd was first listed on ArdentRealEstateGroup.com on April 9, 2023. The homeowner is currently asking $1,700,000. The median priced home in Avalon is $1,095,000 with a median price per square foot of $1,034. Based on Ardent Real Estate Group's Avalon Market Data, this home is listed 55.25% higher than the median priced home. Local competing homes currently for sale include 3732 Montego Dr, 3732 Montego Dr and 3732 Montego Dr. While the average home in Avalon, CA is selling in 119 days, 324 Las Lomas Rd has a days on market of 423 days. There are currently 12 homes for sale in the Avalon real estate market and 4 of them are single family homes while 8 of them are condos and 0 are townhomes. For more information on this home for sale at 324 Las Lomas Rd Avalon, CA 90704 contact Ardent Real Estate Group and we will put you in touch with one of our Avalon agents.

Public Facts for 324 Las Lomas Rd

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

90704 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,100,000
Median List Price/Sq.Ft.
$1,056
Median Sold Price
$699,000
Median Sold Price/Sq.Ft.
$705
Total Inventory
11
Median Sale to List Price %
83.21%
Avg Days on Market
123
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (100%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.