$525,000
●
Condo -
Off Market
51 Playa Azul
Avalon, CA 90704
1 Bed
2 Baths
1,200 Ft²
$828,434
RealtyHop Estimate
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
Beautiful 1 bedroom, 2 bath ocean view condo with large converted
sleeping area upstairs as well. Enter to large entry with tile
floors, to the left is a Laundry room with washer/dryer
(included)and plenty of storage. The upstairs guest bathroom
features a large stall shower, sink, and toilet. Step down to the
carpeted living room with a set of French doors leading to a
private patio with ocean view. Additional sleeping area also with
tile floors, has double doors to close it off as a separate
sleeping area. This room also has a set of french doors that lead
to the patio and the ocean view. The kitchen is also on upstairs
level with tile floors, range/oven, dishwasher,microwave,
refrigerator, all included and plenty of counter space and cabinet
space. Stairway leads down to master bedroom, with walk-in closet
and master bath with tub shower, sink and toilet. A large set of
French doors led to another patio and a separate entrance down to
your golf cart parking area. The beach and water access are no more
then 100 feet away.
Unit Size
1,200 Ft²
Days on Market
315 days
Land Size
18.52 acres
Price per sqft
$471
Property Type
Condo
Property Taxes
-
HOA Dues
$840
Year Built
1988
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Cap Rate
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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 months ago (CRMLS #OC18241027)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2019 | Sold | ||
| Sold | |||
| Oct 3, 2018 | Listed by Bart M. Glass, Broker | $565,000 | |
| Listed by Bart M. Glass, Broker | |||
Property Highlights
Fireplace
Parking Available
With View
Parking Details
Parking Features: Assigned, On Site, OneSpace
Open Parking Spaces: 1
Interior Details
Full Bathrooms: 2
Interior Features: Ceiling Fan(s), Tile Counters, Balcony, CeramicCounters, PartiallyFurnished
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Disposal, Microwave, Refrigerator, Dryer, Washer
Flooring Type: Tile
Door Features: French Doors
Laundry Features: Electric Dryer Hookup, Inside, Laundry Closet
Fireplace Features: None
Exterior Details
Has Property Attached
Square Footage: 1200
Security Features: Fire Sprinkler System, Gated with Guard, Gated Community, 24 Hour Security, Smoke Detector(s), Security Guard, FireDetectionSystem
Architectural Style: Mediterranean
Year Built Source: Assessor
Year Built: 1988
Waterfront Features: Beach Access, Ocean Access
Levels: Two
Construction Materials: Stucco, Drywall
Patio and Porch Features: Deck
Pool Features: Community, Fenced, Filtered, Heated, In Ground, Association, Permits
Lot Features: ZeroToOneUnitAcre
Lot Size Area: 806665
Lot Size Units: Square Feet
Lot Size Acres: 18.5185
Lot Size Square Feet: 806665
Tax Lot: 1
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Radiant
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Amenities: Clubhouse, Fitness Center, Golf Course, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Security, Tennis Court(s), Dock, OutdoorCookingArea, OtherCourts, Pier, PetRestrictions, Guard
HOA Fee: $840
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/03/2018
| |
1 Bed
|
2 Bath
|
1200 ft²
|
$565,000
1 Bed
2 Bath
1200 ft²
|
$525,000
-7.08%
08/14/2019
|
Bart Glass
Bart M. Glass, Broker
|
Building Info
About Avalon
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Listed by: Bart Glass, Bart M. Glass, Broker
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18241027
Last Updated: 5 months ago
Data Source: CRMLS, MLS# OC18241027
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