7130 California Avenue SW
Seattle, WA 98136
13120 sqft | 0.27 acres | #2285900
Description
The 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 Details
- Date ListedSeptember 04, 2024
- Sewer InformationSewer Connected
- Style56 - 10+ Units
- Property TypeMulti-Family
- Property SubtypeMulti-Family
- Structure TypeMulti Family
- Exterior MaterialsSee Remarks
- Original List Price$3,300,000
- SubdivisionGatewood
- School DistrictSeattle
- Taxes Annual$40,938
- MLS #2285900
- Cost3300000
- MLS #2285900
- Square Feet13120
- Acres0.27
- Year Built1967
- CountyKing
- Days on Market (Cumulative)62
- Stories4
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2024-11-13 18:48:17. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
The database information herein is provided from and copyrighted by the Northwest Multiple Listing Service (NWMLS). NWMLS data may not be reproduced or redistributed and is only for people viewing this site. Listings that feature the "three tree" icon are provided courtesy of NWMLS. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
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Last Updated: . Source: NWMLS
Listing Courtesy
Listing Agent: Michael Urquhart (#NWM120656)
Listing Office: Paragon Real Estate Advisors (#NWM7086)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
