6900 California Avenue SW, Seattle, WA 98136
- $6,200,000
- 18,360
- SqFt
Listing courtesy of Paragon Real Estate Advisors. Selling Office: ZNonMember-Office-MLS.
- Sold Price
- $6,200,000
- List Price
- $6,600,000
- Status
- SOLD
- MLS#
- 2196580
- Closing Date
- May 24, 2024
- Days on Market
- 11
- Style
- 56 - 10+ Units
- Finished SqFt
- 18,360
- Area Total SqFt
- 18360
- Annual Tax Ammount
- 58710
- Lot Size (sq ft)
- 18,000
- Sewer
- Sewer Connected
Property Description
Built in 1990 and under the same ownership 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
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Additional Information
- List Date
- 2024-05-13 00:00:00
- Community
- West Seattle
- Net Operating Income
- $334,808
- Gross Adjusted Income
- $512,800
- Gross Scheduled Income
- $528,660
- Total Monthly Income
- $44,055
- Insurance Expenses
- $8,500
- Water/Sewer/Garbage Expenses
- $35,564
- Gross Rent Multiplier
- 12.48
- Total Expenses
- $177,992
- Cap Rate
- 5.07
- Vacancy Rate
- 3
- Total Number of Units
- 24
- Unit Name
- 6900
- Potential Terms
- Cash Out, Conventional
- Year Built
- 1990
- Roof
- Composition
- Other Expenses
- 75218
- Energy Source
- Electric
- School District
- Seattle
- Total Monthly Income
- $44,055
- Gross Scheduled Income
- $528,660
- Vacancy Rate
- 3
- Gross Adjusted Income
- $512,800
- Tax Year
- 2023
- Insurance Expense
- $8,500
- W/S/G Expenses
- $35,564
- Total Expenses
- $177,992
- Net Operating Income
- $334,808
- Gross Rent Multiplier
- 12.48
- Cap Rate
- 5.07
Based on information submitted to the MLS GRID as of . 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.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.