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Listed by: Tony Azzi (310) 909-5454 DRE #00910513 | Tony Azzi (310) 909-5454
$10,750,000
90 Beds
88 Baths
58,700sqft
321 Tremont St, Avalon, CA 90704
$10,750,000
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Multi Family
Built in 1983
$-- HOA
1.42 acres lot
$183/sq.ft
Description
321 Tremont Street spans approximately 58,700 square feet across five two-story buildings and sits on a 61,768 SF leasehold lot. Built in 1983, the property features a highly desirable unit mix of (10) 1-Bed/1-Bath, (37) 2-Bed/2-Bath, and (15) 3-Bed/2-Bath units. Community amenities include on-site laundry, a children's playground, and shared open-air gathering areas. The property is 100% occupied with a tenant waitlist exceeding 30 years and receives full rent collections through a HUD HAP contract offering investors guaranteed income, minimal management, and strong retention. With annual rent escalations and five-year market rent resets, the asset offers long-term upsid...
Continue Reading- Houzeo last checked: 19 Minutes ago
- Listing updated: November 7, 2025 at 9:38 pm
- Source: California Regional MLS-CA | MLS#: 25545553
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1983
HOA Fees
-
Finished Area
58,700 sqft
Lot Size
1.42 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25545553
MLS Status
Active
Days on Market
216
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