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California Court
6900 California Ave SW Seattle WA 98136
Listing #: 677055 | Status: Pending | Last Modified: 4/26/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 512,800 |
| Vacancy Factor % | 3.00% |
| Operating Expenses | 177,992 |
| Net Operating Income | 319,424 |
| CAP Rate | 5.07 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Total Units | 24 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Financial Summary | |
|---|---|
| CAP Rate | 5.073 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 4 |
| # of Units | 24 |
| Total Building SF | 18,360 SF |
| Net Rentable Area | 18,360 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 17,860 SF |
| Acres | 0.41 |
| Year Built | 1990 |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Vicinity | West Seattle |
| Market Area | West Seattle |
| Tax ID # | 3869900055 |
| Zoning | LR3(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 4 |
| # Uncovered Spaces | 24 |
| Total Parking Spots | 28 |
California Court Apartments
For sale California Court; a 24-unit, value-add apartment community in an ideal West Seattle location. Built in 1990 and under the same owner¬ship since 1992, California Court is an attractive garden style community consisting of three, connected buildings on a spacious 18,000 square foot lot. There is an even mix of (12) one-bedroom and (12) two-bedroom apartments with spacious floor plans and complete appliance packages including washer/dryers. The buildings have elevator service and secure, intercom entry into the shared community areas and walkways. Wonderful water, mountain and territorial views can be seen from upper-level units and open-air breezeway corridors. The property has been well-maintained and managed by the current local owners with a focus on stability and low-turnover
California Court
6900 California Ave SW Seattle WA 98136
Listing #: 677055 | Status: Pending | Listing Date: 2/2/2024 | Last Modified: 4/26/2024 | Email Listing
For Sale
California Court
