This Hospitality Property is no longer advertised on LoopNet.com.
131 Metropole Ave
Hermosa Hotel | Avalon/Catalina Island · Hospitality Property For Sale
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19,842 SF
INVESTMENT HIGHLIGHTS
Rare opportunity to acquire the largest mixed-use fee-simple hospitality and multi-family property in Avalon, not owned by the Island Company/Wrigley.
Performing and profitable hospitality and multifamily property with ground floor retail on Catalina Island.
Incredible potential for value-add through unit updates, increasing unit density, and improving ocean views.
Located in the heart of Avalon, minutes from the waterfront, downtown, and all the island’s attractions.
PROPERTY FACTS
Property Type
Hospitality
Property Subtype
Hotel
Building Class
B
Lot Size
0.62 AC
Building Size
19,842 SF
No. Stories
3
Year Built/Renovated
1896/2020
Corridor
Interior
AMENITIES
Balcony Business Center On-Site Retail
High Speed Internet Access Patio On-Site Bar
Boutique/Lifestyle Hotel Public Access Wifi Smoke-Free
Fully-Equipped Kitchen Multi-Room Suites
PROPERTY TAXES
Parcel Number
7480-018-009
Improvements Assessment
$4,325,369
Land Assessment
$3,882,442
Total Assessment
$8,207,811
ZONING
Zoning Code
AVC1* (Apartment/Hotel)
