$3,300,000
Pending

7130 California Avenue SW

Seattle, WA 98136
13120 sqft | 0.27 acres | #2285900
Listing OfficeParagon Real Estate Advisors
Browse 26 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

The Haven is a well-located apartment building on California Ave, just south of Morgan Junction, offering a prime opportunity for investors in the vibrant West Seattle market. This asset features a desirable unit mix of 8 generously sized 1BD/1BTH units and 8 spacious sized 2BD/1BTH units, catering to a broad range of potential tenants. The Haven is a great value-add opportunity with a low entry basis of $206,250 per unit and $251 per square foot. Current rents are well below market presenting significant potential to enhance revenue through increased rents, parking fees, utilities charges, pet rents, and further cosmetic upgrades.

  • Property Details
      • Date ListedSeptember 04, 2024
      • Sewer InformationSewer Connected
      • Style56 - 10+ Units
      • Property TypeMulti-Family
      • Property SubtypeMulti-Family
      • Structure TypeMulti Family
      • Exterior MaterialsSee Remarks
      • Original List Price$3,300,000
      • SubdivisionGatewood
      • School DistrictSeattle
      • Taxes Annual$40,938
      • MLS #2285900
      • Cost3300000
      • MLS #2285900
      • Square Feet13120
      • Acres0.27
      • Year Built1967
      • CountyKing
      • Days on Market (Cumulative)63
      • Stories4
Jimi Lou Steambarge
$
years

Down Payment

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%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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