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3600 California Ave SW $2,950,000

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    3600 California Ave SW West Seattle, WA 98116

    • 0 Beds
    • 0 Baths
    • 6,414 sq.ft.
    • Multi-Family
    Listing# 1378091 | Active

    $2,950,000

    Market Estimate
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    Days On Market: 56 8 Views
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    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 17
    • 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

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    Neighborhood

    98116 (West Seattle) Demographics

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

    Market Last 30 Days

    $725,000 Median Sales Price
    31 Homes Sold
    26 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,950,000
        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

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        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, 2018. 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.