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Listed by: Michael Urquhart | Paragon Real Estate Advisors
Active
$3,300,000
7130 California Avenue, Seattle WA
beds
baths
13,120sq ft
$251/sq ft
8 days on rennie7 cumulative days on market
2285900MLS ®
The Haven is a well-located apartment building on California Ave, just south of Morgan Junction, offering a prime opportunity for investors in the vibrant West Seattle market. This asset features a desirable unit mix of 8 generously sized 1BD/1BTH units and 8 spacious sized 2BD/1BTH units, catering to a broad range of potential tenants. The Haven is a great value-add opportunity with a low entry basis of $206,250 per unit and $251 per square foot. Current rents are well below market presenting significant potential to enhance revenue through increased rents, parking fees, utilities charges, pet rents, and further cosmetic upgrades.
property details
Residential IncomeProperty type | |||
1967Year built | |||
11,760 ft²Lot area SF | |||
$40,938Taxes 2024 | |||
Area | Gatewood | ||
Sub area | Gatewood | ||
Listed by | Paragon Real Estate Advisors | ||
rennie last checked | September 12, 2024 at 04:43am | ||
Last updated | September 11, 2024 at 07:48pm | ||
Cumulative days on market | 7 days | ||
Source | NWMLS, MLS # 2285900 |