7130 California Avenue Sw, Seattle, WA 98136
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- MLS#: NWM2285900 ( Residential Income )
- Street Address: 7130 California Avenue Sw
- Viewed: 1
- Price: $3,300,000
- Price sqft: $252
- Waterfront: No
- Year Built: 1967
- Bldg sqft: 13120
- Additional Information
- Geolocation: 47.5391 / -122.387
- County: KING
- City: Seattle
- Zipcode: 98136
- Subdivision: Gatewood
- Provided by: Paragon Real Estate Advisors
- Contact: Michael Urquhart
- 206-623-8880
- DMCA Notice
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DescriptionThe Haven is a well located apartment building on California Ave, just south of Morgan Junction, offering a prime opportunity for investors in the vibrant West Seattle market. This asset features a desirable unit mix of 8 generously sized 1BD/1BTH units and 8 spacious sized 2BD/1BTH units, catering to a broad range of potential tenants. The Haven is a great value add opportunity with a low entry basis of $206,250 per unit and $251 per square foot. Current rents are well below market presenting significant potential to enhance revenue through increased rents, parking fees, utilities charges, pet rents, and further cosmetic upgrades.
Property Location and Similar Properties
Features
Home Owners Association Fee
- 0.00
Carport Spaces
- 0.00
Close Date
- 0000-00-00
Cooling
- None
Country
- US
Covered Spaces
- 0.00
Exterior Features
- See Remarks
Garage Spaces
- 0.00
Heating
- Radiant
Insurance Expense
- 12000.00
Living Area
- 0.00
Area Major
- 140 - West Seattle
Net Operating Income
- 129658.00
Open Parking Spaces
- 16.00
Other Expense
- 42890.00
Parcel Number
- 4317700005
Possession
- Closing
Property Type
- Residential Income
Roof
- Flat
Sewer
- Sewer Connected
Tax Year
- 2024
Year Built
- 1967