Looking at Catalina Investment

[Victor Zeytin]

Hi everyone,

We're looking at a property in Catalina island. The property is residential multifamily and I was wondering if anyone has some insight into the local market there. I've lived in SoCal for 37 years and have actually never visited. I understand there's a housing shortage over there (also water shortage). What is the multifamily market like in Avalon? Are there any regulations or barriers to entry we should be aware of ?

Thank you!