5426 California Avenue SW Unit #1CU, Seattle, WA 98136

$1,300,000

Listing courtesy of Better Homes&Gardens McKenzie.

List Price
$1,300,000
Status
ACTIVE
MLS#
2254757
Days on Market
118
Annual Tax Ammount
10484

Property Description

Charming West Seattle Craftsman on popular California Avenue. Seven office suites with shared kitchen and two baths in 2269 Square feet with each office having its own welcoming appeal. Just under 1000sf climate-controlled basement storage space.3 covered, secured parking spots, ADA compliant, new ductless heating/AC system, sprinkled building. HOA $694/month covers: water/sewer/garbage/recycling, building & grounds common area maintenance, exterior irrigation, earthquake/fire insurance and HOA common element reserves. Total rent includes all 7 offices, 3 parking stalls and two storage spaces. Owner occupied smallest office and basement storage so rents for those units are estimated. See OM in supplements for rental breakdowns.

Additional Information

Community
Alaska Junction
Building Condition
Good
Style
60 - Comm Bldg Und 10K
Year Built
1909
# of Assigned Spaces
3
Roof
Composition
Tax Year
2024
HOA Dues
$694
Potential Terms
Cash Out, Conventional, Owner Financing, See Remarks
Interior Features
Hardwood
Flooring
Hardwood
Driving Directions
Google map friendly, just a few blocks south of the Junction between SW Brandon and SW Findlay streets.
Electric Expenses
5808
Other Expenses
9528
Energy Source
Electric, Wood
Buyer Agency Compensation
2.25
Net Operating Income
$85,064
Gross Adjusted Income
$111,640
Gross Scheduled Income
$117,516
Cap Rate
6.5
Vacancy Rate
5875
Total Expenses
$26,576
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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks