Northwest Knowledge

3600 California Ave SW $2,500,000

    Close

    3600 California Ave SW West Seattle, WA 98116

    • 0 Beds
    • 0 Baths
    • 6,414 sq.ft.
    • Multi-Family
    Listing# 1378091 | Pending
    Days On Market: 180 12 Views
    Add to Favorites Share

    Go Tour This Home

    Schedule A Showing

    Property Details

    REDEVELOPMENT POTENTIAL ABOUNDS • 13 Unit Townhome Site • 14+ Unit Condo or Apartment Site • 12,500 square foot corner lot • LR3-RC Zoning • 125’ x 100’ • Potential View Units with Rooftop Deck CLASSIC EXISTING 9 UNIT WITH IMMEDIATE UPSIDE • Anhalt-Style trophy building • Ability to significantly increase NOI • Cash Flow to off-set holding costs • 6 Parking Garages

    • General Features
      • County King
      • Style 55-5-9 Units
      • Number of Stories 1
      • Number of Units 9
      • Year Built 1928
      • Lot Square Footage 12,500
      • County1 King
    • Building Features
      • Approx SqFt 6,414
      • Roof Compostion
      • Exterior Brick, Wood
      • Floor Covering Hardwood
    • Financials
      • Total Monthly Income $16,110
      • Net Operating Income $129,851
      • Gross Scheduled Income $193,320
      • Gross Adjusted Income $187,520
      • Total Expenses $57,669
      • Other Expenses $21,226
      • Insurance Expenses $3,975
      • Expenses $57,669
      • Heating Expenses $0
      • Electrical Expenses $0
      • Gross Rent Multiplier 14
    • Utilities and Taxes
      • Tax Year 2018
      • Tax Amount $16,671
      • Energy Source Natural Gas
      • Heating and Cooling Radiator
      • Sewer Company Sewer Available
    • Schools
      • School District Seattle

    Contact

    Neighborhood

    98116 (West Seattle) Demographics

    42Median Age
    8,537Population Density (per sq. mile)
    70%College Educated
    $87,305 Estimated Median Income
    6,766Estimated Total Home Owners
    5,094Estimated Total Renters
    57% / 43%Estimated Owner / Renter Divide
    2Estimated Average Household Size
    25,234Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $736,400 Median Sales Price
    43 Homes Sold
    65 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,500,000
        3/1/2019 5:21:02 PM Status Changed Source New Value: Pending
        1/10/2019 9:31:06 AM Price Reduced Source New Value: $2,500,000 -15.25%
        10/22/2018 3:21:32 PM Status Changed Source New Value: Active
        10/22/2018 2:51:39 PM Status Changed Source New Value: Pending
        10/22/2018 11:23:00 AM New in Database Source New Value: $2,950,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        $0
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment

        This property search is part of the Berkshire Hathaway HomeServices Northwest Real Estate website. Listing information is courtesy of the WA-NWMLS and Berkshire Hathaway HomeServices Northwest Real Estate. Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with this symbol: provided by Northwest Multiple Listing Service, 2019. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties subject to prior sale or rental Information has not been verified by agent and should be verified by buyer.