1330 California Avenue SW, Seattle, WA 98116
- $1,795,000
- 4,450
- SqFt
Listing courtesy of Berkshire Hathaway HS NW.
- List Price
- $1,795,000
- Status
- PENDING INSPECTION
- MLS#
- 2217378
- Days on Market
- 28
- Style
- 55 - 5-9 Units
- Building Condition
- Good
- Finished SqFt
- 4,450
- Area Total SqFt
- 4450
- Annual Tax Ammount
- 13330
- Lot Size (sq ft)
- 8,074
- Sewer
- Sewer Connected
Property Description
Rare 5 unit apartment building in incredible North Admiral location with spectacular Seattle Cityscape, Elliott Bay, and Cascade Mountain views. The property is in pristine condition with numerous upgrades including boiler & brand new roof. Sited on an extra wide, oversized street to street lot (8,074 SF) & is just steps to Hamilton View Point Park. Unique layouts include a huge 2bed/2bath unit with rec room & garage (would be a great owners unit), 3 one bedroom units, and a studio. Extremely convenient location to Seattle water taxi, shops & restaurants, and Alki Beach. Surrounded by multi-million dollar single family homes makes this a very unique opportunity!
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Additional Information
- List Date
- 2024-04-12 05:02:08
- Community
- North Admiral
- Net Operating Income
- $65,058
- Gross Adjusted Income
- $100,644
- Gross Scheduled Income
- $100,644
- Total Monthly Income
- $8,387
- Insurance Expenses
- $6,290
- Water/Sewer/Garbage Expenses
- $5,500
- Gross Rent Multiplier
- 17.8
- Total Expenses
- $35,586
- Cap Rate
- 3.6
- Total Number of Units
- 5
- Unit Name
- 1330
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1912
- View
- Bay, City, Mountain(s), Sound
- Roof
- Composition
- Site Features
- Deck, Patio
- Electric Expenses
- 2300
- Other Expenses
- 4904
- Energy Source
- Natural Gas
- School District
- Seattle
- Total Monthly Income
- $8,387
- Gross Scheduled Income
- $100,644
- Gross Adjusted Income
- $100,644
- Tax Year
- 2024
- Insurance Expense
- $6,290
- W/S/G Expenses
- $5,500
- Total Expenses
- $35,586
- Net Operating Income
- $65,058
- Gross Rent Multiplier
- 17.8
- Cap Rate
- 3.6
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