107 Pebbly Beach Road, Avalon

$6,500,000

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0 Bed
0 Bath
.12 Acre
0 Garage

Coastal Commercial is pleased to offer for sale a rare mixed-use fee simple property on

the waterfront of Catalina Island, in the city of Avalon. Built in 2007, the building is one of

the only newer construction buildings in Avalon. The three-story building consists of THREE RENTAL UNITS on the ground floor, THREE RESIDENTIAL on the second floor, and ONE RESIDENTIAL PENTHOUSE UNIT with a rooftop deck on the third floor. The retail units are occupied by

Brown’s Bikes (approximately 1,000 square feet), Dive Catalina (approximately 500 square

feet), and Ciao-Baci Fine Gifts (approximately 700 square feet). All the units are either

occupied by the Seller, or they are on month-to-month leases providing the ultimate

flexibility for the new owner.

Brown’s Bikes and Ciao-Baci Fine Gifts are both businesses that are owned and operated

by the Landlord/Seller. These businesses are included with the sale of the property.

Brown’s Bikes has a conditional use permit to operate as one of Catalina Island’s few

permitted bike shops.

Two of the residential units on the second floor are permitted short-term rentals. Each of

the short-term rentals are two-bedroom, two-bathroom units and are approximately

720 square feet each. The short-term rental permit is allowed to be

transferred one time from the existing owner to the next owner.



There is also a one-bedroom one-bathroom unit on the second floor that is currently

a monthly rental on a month-to-month lease that is approximately 600 square feet.



The top floor residential unit is a luxurious 1,800 square foot three-bedroom three-

bathroom penthouse currently being occupied by the Seller.



The penthouse unit also has an exclusive rooftop deck with gorgeous views of the Catalina harbor. All the

residential units have balconies with ocean views. The property presents an opportunity for an owner/user and/or investor to own one of the

only fee simple waterfront properties on Catalina Island. This property is one of the first

properties that visitors see walking to and from the Catalina Flyer and Catalina Express.

This is a generational asset that is truly a once in a lifetime opportunity to acquire.

Essential Information

MLS® #
OC24049681
Price
$6,500,000
Bathrooms
0.00
Acres
0.12
Year Built
2007
Type
Commercial Sale
Sub-Type
Mixed Use
Status
Active

Community Information

Address
107 Pebbly Beach Road
Area
1C - Catalina
City
Avalon
County
Los Angeles
Zip Code
90704
Community Features
Marina
Senior Community
N

Utilities

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected

Waterfront

Across the Road from Lake/Ocean, Beach Access, Beach Front, Bay Front, Navigable Water, Ocean Access, Ocean Front

Interior

Appliances
Dryer, Washer
Heating
Forced Air
Cooling
Central Air
# of Stories
3

Lot Description

Level, Near Public Transit, Walkstreet

Additional Information

Date Listed
March 11th, 2024
Days on Market
47

Listing Details

Agent
Nathan Holthouser
Office
COASTAL COMMERCIAL

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of April 28th, 2024 at 2:11pm PDT. 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.