6708 California Avenue SW, Seattle, WA 98136

$2,000,000
6,443
SqFt

Listing courtesy of Paragon Real Estate Advisors. Selling Office: Paragon Real Estate Advisors.

Sold Price
$2,000,000
List Price
$2,200,000
Status
SOLD
MLS#
1491108
Closing Date
Sep 24, 2019
Days on Market
64
Style
55 - 5-9 Units
Finished SqFt
6,443
Area Total SqFt
6443
Annual Tax Ammount
18747
Lot Size (sq ft)
5,938
Sewer
Sewer Connected

Property Description

Conveniently located in the Morgan Junction area of West Seattle, this well maintained 6 unit building offers an investor a condo quality, low maintenance asset with upside. All large 2BD/1BTH units with stacked washers and dryers and full amenities package including stainless steel appliances. Top floor views of the Olympics! Garage parking with 6 spaces and a walk score of 81!

Additional Information

List Date
2019-07-22 00:00:00
Community
Alaska Junction
Net Operating Income
$82,020
Gross Adjusted Income
$123,774
Gross Scheduled Income
$126,300
Total Monthly Income
$10,525
Insurance Expenses
$2,783
Water/Sewer/Garbage Expenses
$10,524
Gross Rent Multiplier
17
Total Expenses
$41,754
Cap Rate
3.73
Vacancy Rate
2
Total Number of Units
6
Unit Name
6708
Potential Terms
Cash Out
Year Built
2006
Roof
Flat
Other Expenses
9700
School District
Seattle
Total Monthly Income
$10,525
Gross Scheduled Income
$126,300
Vacancy Rate
2
Gross Adjusted Income
$123,774
Tax Year
2018
Insurance Expense
$2,783
W/S/G Expenses
$10,524
Total Expenses
$41,754
Net Operating Income
$82,020
Gross Rent Multiplier
17
Cap Rate
3.73
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