301 Catalina
About This Property
Offering approximately 2,376 sq. ft. with 6 bedrooms and 4 baths, the home occupies a desirable double-lot sized corner parcel in the heart of the flats, just two blocks from downtown beaches, restaurants, shops, the Pier and Avalon Harbor. Its distinctive two-story architecture, expansive covered front porch, original wood floors in good condition, abundant natural light and Batchelder fireplace tile preserve much of the character of an earlier era. Fireplace is decorative only. A gated side yard is an additional bonus for extra storage needs.
For generations, the front porch has been a place for family and friends and remains one of the home's most memorable features. The floor plan provides room for family, guests and everyday living, while the upper-level balcony offers another place to enjoy Avalon.
Improvements include a newer roof, balcony waterproofing and steel railing, updated 200-amp electrical service, plumbing upgrades, bathroom vanities and toilets, interior paint, cabinet hardware and a newer water heater. The home offers the next owner the opportunity to continue improving and personalizing it while preserving the character and history that make it special. Photos include the property as it currently appears as well as virtually staged images illustrating possibilities for the interior.
301 Catalina Avenue is one of the most desirable locations on the flats, known for substantial homes, neighbors and easy access to town. Fishing, diving, hiking, golf, pickleball, tennis and camping are all part of Catalina life, along with the ability to work remotely and live where most only vacation.
For more than eight decades, 301 Catalina Ave. has been much more than a house to the family that has cared for it. It has been the setting for five generations of summers, holidays, celebrations and everyday memories. Parting with a home so closely tied to a family's history is never easy, but the time has come for a new owner to make it their own and carry forward a distinctive piece of Avalon history. Property is being sold, "As Is", "As Disclosed".
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Relisted | $2,350,000 | |
| Relisted | |||
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Aug 28, 2026 | Listed by Catalina Realtors | $2,350,000 | |
| Listed by Catalina Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017