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6900 California Ave SW Seattle WA 98136
Listing #: 677055 | Status: Pending | Last Modified: 4/26/2024
Showing Instructions | |
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Call Listing Agent | No |
Use Discretion | No |
Investment Information | |
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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 | |
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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 | |
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Signage | Signage on Building and Freestanding |
Financial Summary | |
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CAP Rate | 5.073 |
Building Information | |
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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 | |
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Property Type | Multi-Family |
Investment | Yes |
Location | |
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County | King |
Vicinity | West Seattle |
Market Area | West Seattle |
Tax ID # | 3869900055 |
Zoning | LR3(M) |
Parking Information | |
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#Covered Spaces | 4 |
# Uncovered Spaces | 24 |
Total Parking Spots | 28 |
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