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3600 California Ave SW $2,325,000

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    3600 California Ave SW West Seattle, WA 98116

    • 0 Beds
    • 0 Baths
    • 6,414 sq.ft.
    • Multi-Family
    Listing# 1378091
    SOLD 5/1/2019

    $2,325,000

    Market Estimate
    Days On Market: 75 0 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
      • County King
    • Building Features
      • Approx SqFt 6,414
      • Roof Compostion
      • Exterior Brick, Wood
      • Floor Covering Hardwood
      • Foundation Poured Concrete
    • 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

    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

    $772,500 Median Sales Price
    40 Homes Sold
    48 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- New in Database Source
        5/1/2019 12:00:00 AM Sold Source New Value: $2,325,000
        3/1/2019 5:21:02 PM Status Changed Source New Value: Pending

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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, 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.