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The first owner to try to develop Avalon into a resort destination was George Shatto, a real estate speculator from Grand Rapids, Michigan. Shatto purchased the island for $200,000 (equivalent to $5.9 million in 2023 [13]) from the Lick estate at the height of the real estate boom in Southern California in 1887. [14]
Ravenna, California, US. Occupation. Real estate developer. George Rufus Shatto (August 15, 1850 – May 30, 1893) was an American real estate developer. He was an early land investor in Los Angeles, California. In 1887 he purchased Santa Catalina Island, California and was the first person to attempt to develop it into a resort destination.
The history of human activity on Santa Catalina Island, California begins with the American Indians who had inhabited the island since 7000 BC. The first Europeans colonists to arrive on Catalina claimed it for the Spanish Empire. Over the years, territorial claims to the island transferred to Mexico and then to the United States.
v. t. e. Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in ...
Avalon is located on Santa Catalina Island, approximately 22 miles (35 km) south-by-southwest of the Los Angeles Harbor breakwater. [27] It is the only incorporated city to be located on one of the eight Channel Islands of California. Due to its location on Catalina Island, it is the southernmost city in Los Angeles County.
t. e. Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...
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Catalina Island Conservancy's location, the Trailhead, at 708 Crescent Ave. in Avalon on Catalina Island. The Catalina Island Conservancy is a nonprofit organization established to protect and restore Santa Catalina Island, California, United States. The Conservancy was established in 1972 through the efforts of the Wrigley and Offield families ...
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