6075 California Avenue SW Unit #1 & 3, Seattle, WA 98136

$1,890,000

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Listing courtesy of Windermere Real Estate Midtown. Selling Office: COMPASS.

Sold Price
$1,890,000
List Price
$1,995,000
Status
SOLD
MLS#
2268443
Closing Date
Nov 19, 2024
Days on Market
14
Annual Tax Ammount
16392.62

Property Description

3,182 SF commercial condo plus 11 parking stalls located in the heart of the Morgan Junction. Corner lot with tons of visibility and signage opportunities. Unit #1 consists of a 3,182 SF 2-story commercial office condo and unit #3 consists of 11 parking stalls. Currently configured as an office but has potential to be a live/work unit. Unit #1 is fully sprinklered and features a mix of private offices and open work space, kitchenette, shower, A/C, 3 restrooms & tons of storage. Unit #3, consists of 11 parking spaces and can be utilized as-is, rented, redeveloped or even condominiumized and sold as individual stalls. Total HOD's = $836/M. Units #1 & #3 leased to a single-tenant on a NNN lease until 12/1/2024. Please don't disturb tenant.

Additional Information

Community
West Seattle
Building Condition
Very Good
Style
73 - Office
Year Built
2012
# of Assigned Spaces
11
Roof
Flat
Tax Year
2024
HOA Dues
$836
Potential Terms
Cash Out, Conventional
Interior Features
Ceramic Tile, Laminate Tile, Wall to Wall Carpet
Flooring
Ceramic Tile, Laminate, Carpet
Driving Directions
On the corner of California Ave SW and SW Graham St.
Energy Source
Electric
Net Operating Income
$89,032
Gross Adjusted Income
$89,032
Gross Scheduled Income
$89,032
Cap Rate
4.46
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.
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