7216 California Ave SW - Apartments FOR SALE


Seattle, WA 98136
$2,899,500 USD
7216 California Ave SW, Seattle, WA for Sale
$2,899,500 USD
Apartments - FOR SALE
1/8
null | 4.08% Cap Rate

7216 California Ave SW
Seattle, WA 98136


HIGHLIGHTS

  • Close to freeway
  • Close to amenities
  • High tenancy

OVERVIEW

Welcome to 7216 California Ave SW, a stunning 12-unit apartment complex nestled in the heart of West Seattle. This contemporary residence offers an exceptional opportunity for investors or owner-occupiers seeking to immerse themselves in the vibrant West Seattle community. Property Highlights: Prime Location: Situated on California Ave SW, this property enjoys proximity to trendy cafes, restaurants, boutiques, parks, and recreational facilities. Well-Appointed Units: Each of the 12 units features, ample natural light, and efficient layouts, providing both comfort and functionality. Income Potential: With its well-maintained units and desirable location, this property offers significant income potential for investors or landlords. Transportation Access: Easy access to major thoroughfares and public transportation options ensures seamless connectivity to downtown Seattle and beyond. Owner Financing Available.

FOR SALE DETAILS

PRICE

$2,899,500 USD

PRICE/SF

$402 USD /SF

# OF UNITS

12

PRICE/UNIT

$241,625

CAP RATE

4.08%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

California Avenue Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.23 AC

LAND SF

10,058 SF

ZONING

LDT, Seattle

APN/PARCEL ID

431820-0475

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