4847 California Avenue SW Unit #100, Seattle, WA 98116

$1,175,000

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

Sold Price
$1,175,000
List Price
$1,175,000
Status
SOLD
MLS#
2386193
Closing Date
Apr 01, 2026
Days on Market
235
Annual Tax Ammount
12726
Internet Provider
Xfinity

Property Description

Exceptional opportunity to own a 2,415 SF street-level commercial condo in West Seattle's Alaska Junction. This commercial condo has excellent visibility w/ 96 ft of street frontage on California Ave SW. Currently configured as an office with 4 private offices, conference room, 2 private restrooms, kitchenette, A/C, 12 ft ceilings, fully sprinklered, 4 dedicated parking stalls & a huge storage unit. Leased to long-term tenants (CPA & Law Firm) at below market rent on a NNN lease through 12/31/29. However, owner has the right to terminate the leases w/ 6 months notice. Rare opportunity for an investor seeking stable cash flow or an owner-user planning future occupancy, as this unit offers tons of versatility as either an office or retail use

Additional Information

Community
Alaska Junction
Building Condition
Very Good
Style
60 - Comm Bldg Und 10K
Year Built
2003
Roof
Flat
Tax Year
2025
HOA Dues
$997
Potential Terms
Cash, Conventional
Flooring
Ceramic Tile, Vinyl Plank, Carpet
Driving Directions
Property is located on the corner of California Ave SW and SW Hudson St
Electric Expenses
3900
Other Expenses
11964
Energy Source
Electric
Net Operating Income
$66,504
Gross Adjusted Income
$96,094
Gross Scheduled Income
$95,440
Cap Rate
5.66
Total Expenses
$29,590
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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