Catalina Island ~ Avalon ~ Bahia Vista Condominium. Built in 1978
this 1,233 sq. ft. +/- 2 story, 2 bedroom, 2.5 bath unit has been
meticulously maintained and is ready for you. Main level area
provides a separate living space from both upstairs bedrooms.
Kitchen, dining area, 1/2 bath, and living room are tastefully
furnished. A small balcony off the living room can be utilized for
BBQ, outdoor dining, and fresh air. A daybed is conveniently
located under the stairway for additional sleeping space. Upstairs
both bedrooms have lots of natural light. The second bedroom has
its own balcony looking over the pool. The guest full bath and
optional laundry closet (washer and dryer not included) are in the
hallway which leads to the master suite equipped with its own 3/4
bath. Furniture, furnishings, golf cart, and transient rental
license for short term rentals are included. This turnkey property
is ready to make your own. Bahia Vista Homeowners Association dues
are $1227.30 per month which includes freshwater fees (Special
assessments may be applied). Association amenities include swimming
pool, hot tub, and highly desirable off-street underground parking.
A small storage space is included in front of the parking spot.
Timeshares are not allowed. Conveniently located 3 blocks from the
downtown beaches, restaurants, and shops. Avalon is a great
destination to escape to and work remotely. Take advantage of this
opportunity to own in Avalon and let this condo be your slice of
paradise!
Unit Size
1,233 Ft²
Days on Market
148 days
Land Size
1.08 acres
Price per sqft
$659
Property Type
Condo
Property Taxes
-
HOA Dues
$1,227
Year Built
-
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100% Occupancy
N/A (extreme outlier)
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%.
How much can I actually make?
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.
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