Active
$2,875,000
Price
6,137
SqFt
6,137
SqFt

4000 California Avenue SW

Seattle, Washington WA98116

Very clean, turnkey, low maintenance big bldg w/concrete floors & mix of large 1 & 2 bdrm units in popular area of W. Seattle. 6 of 7 units completely updated w/new soft close kitchen cabinets, quartz countertops, SS appliances, new flooring, new combo W&D inside units, new hardware, double pane windows, high end paint job. Long term tenant in 7th unit. Quiet, walking distance of Junction-Restaurants, Shops, & around corner from KC bus routes 50, 55, & 128 w/daily service to Alki Bch, DT Seattle, & Southcenter. Permit ready w/designed studio, ready to convert garage to 8th unit. New pitched torch down roof. New security sys, secure entry, covered pkg, all water heaters on ground fl. Great 1031 l/t invest. Corner lot zoned L3-RC

About This Property

Listing ID1848968
Price$2,875,000
StatusActive
SqFt 6,137
Acres 0.132
CountyKing
SubdivisionWest Seattle
Year Built1966
Property TypeResidential Income
Property Sub TypeMulti-Family
County King
Property Sub Type Multi-Family
Property Type Residential Income
Subdivision West Seattle
Year Built 1966
Building Area Units Square Feet
Flooring Concrete, Vinyl, Carpet
Furnished Unfurnished
Heating Cooling Type Baseboard, Wall
Living Area Units Square Feet
Stories Total 3
Carport Spaces 5
Elevation Units Feet
Exterior Features Wood, Wood Products
Foundation Details Poured Concrete
Lot Features Curbs, Paved, Sidewalk
Lot Size Square Feet 5750
Lot Size Units Square Feet
MLS Lot Size Source King County
Number Of Units Total 7
Open Parking Spaces 3
Parking Total 8
Parking Uncovered Spaces 3
Roof Torch Down
Sewer Sewer Connected
Sewer Company Seattle Public Utility
Structure Type Multi Family
Style Code 55 - 5-9 Units
Units Below Grade false
Units In Building Total 7
Utilities Cable Connected, High Speed Internet, Sewer Connected, Electricity Available
Water Company Seattle Public Utility
Water Sewer Garbage 7898
Water Source Public
Building Area Total 6137
Country US
Elementary School Genesee Hill Elementary
High School West Seattle High
High School District Seattle
Middle Or Junior School Madison Mid
MLS Area Major 140 - West Seattle
View Territorial
Waterfront no
Zoning Class Multi-Family
Zoning Jurisdiction City
First Right Of Refusal no
Mls Status Active
Offers Seller will review offers on Offer Review Date (may review/accept sooner)
Possible Use Multi-Family
Power Company Seattle City Light
Power Production Type Electric
Preliminary Title Ordered yes
Site Features Cable TV, Deck, High Speed Internet
Cap Rate 4.55
Gross Adjusted Income 176516
Gross Scheduled Income 185806
Insurance Expense 3681
Leasable Area 6139
Leasable Area Units Square Feet
Leased Items None
Net Operating Income 130808
Other Expense 15161
Possession Closing, Tenant's Rights
Sale Type MLS
Seller Disclosure Provided
Special Listing Conditions None
Tax Annual Amount 18967
Tax Year 2020
Total Expenses 45707
Total Monthly Income 15419
Vacancy Rate 5

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4000 California Avenue SW Seattle, WA 98116

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