4027 Beach Drive Southwest

Seattle, WA 98116

$4,150,000
Price
15
Beds
13
Baths
9,256 Sq. Ft.
$448 / Sq. Ft.
9,256
Sq. Ft.
$448
per Sq. Ft.

Description

Welcome to Beachwood Apartments. This is a 10-unit Multifamily property on the Puget Sound with 65 feet of waterfront. The property provides tenants with a beautiful sunset over the Olympic Mountains, crisp breeze off the Puget Sound, and quick access to all the wonderful amenities West Seattle has to offer. Ownership has spent roughly 250k in capital improvements since 2015 including roughly 100k in the past year. This investment gives an investor a great opportunity to acquire one of the few waterfront...Welcome to Beachwood Apartments. This is a 10-unit Multifamily property on the Puget Sound with 65 feet of waterfront. The property provides tenants with a beautiful sunset over the Olympic Mountains, crisp breeze off the Puget Sound, and quick access to all the wonderful amenities West Seattle has to offer. Ownership has spent roughly 250k in capital improvements since 2015 including roughly 100k in the past year. This investment gives an investor a great opportunity to acquire one of the few waterfront apartments in Seattle.

Listing Agent

  1. Tommy Boguch

    Tommy Boguch

    Listing Agent

    Compass

Property Details for 4027 Beach Drive Southwest

Community Name
Alki
School District
Seattle
View
Bay, City, Mountain(s), Ocean, Sound
Number of Assigned Spaces
0
Total Covered Parking
0
Entry Date
01-05-2023
Energy Source
Electric
Sewer
Sewer Connected

Location

Listing Courtesy of COMPASS
Add your commute
LISTING UPDATED: 01/10/2023 02:47 PM

Property Details for 4027 Beach Drive Southwest

StatusActive
MLS #2025532
Days on Market34
Taxes$31,415 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1901
Lot Size0.21 AC / 9,256 SF
CountyKing County

Location

Listing Courtesy of COMPASS
Add your commute

Virtual Tour

Building Information for 4027 Beach Drive Southwest

Stories3Residences10Year Built1901Building Size-Lot Size0.21 AC / 9,256 SF

Payment Calculator

$22,716 per month

30 year fixed, 6.09% Interest

Principal and Interest

$20,098

Property Taxes

$2,618

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4027 Beach Drive Southwest

Summary
    Location and General Information
  • Style: 56 - 10+ Units
  • Area: 140 - West Seattle
  • Elementary School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify
  • High School: Buyer To Verify
  • Effective Year Built Source: See Remarks
  • Directions: W Sea bridge to Admiral Way exit, turn left onto 63rd Ave SW, Destination is on right across from La Rustica Restaurant.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: Yes
    Taxes and HOA Information
  • Tax Year: 2022
    Parking
  • Number of Carport Spaces: 0.0
  • Open Parking Spaces: 0.0
Interior and Exterior Features
    Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl Plank, Carpet
  • Features: Wall to Wall Carpet
  • Amenities: See Remarks
  • Heating: Yes
  • FIRPTA: No
    Exterior Features
  • Exterior: Brick, Wood
  • Roof: Torch Down
  • Waterfront Description: Bay/Harbor, Bulkhead, Ocean Access, Sound
Property
    Utilities
  • Heating and Cooling: Baseboard
  • Water Source: Public
  • Water/Sewer/Garbage: 12000
  • Power Company: Seattle City Light
  • Sewer Company: Seattle Public Utilities
  • Water Company: Seattle Public Utilities
  • Power Production Type: Electric
    Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Special Listing Conditions: None
  • Year Built Effective: 2015
  • Photos Count: 15
    Lot Information
  • Lot Details: Curbs, Paved, Sidewalk
  • Lot Size Source: KCR
  • Parcel Number Free Text: 1563100070
  • Building Condition: Good
  • Calculated Square Footage: 9256
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 9256.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
Multi Family
    Building Details
  • Number of Uncovered Spaces: 0
  • Number of Stories in Building: 3
  • Vacancy Rate: 5
  • Number Of Units Total: 10
  • Units Below Grade: false
  • Units In Building Total: 10
    Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 56595
  • Gross Adjusted Income: 296970
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $312,600
  • Insurance Expense: $13,180
  • Net Operating Income: $211,990
  • Other Expenses: $0
  • Total Monthly Income: 0
  • Fuel Expense: $0
    Unit 1
  • Name Unit 1: 101
  • Washer/Dryer Unit 1: No
  • Range/Oven Unit 1: Yes
  • Refrigerator Unit 1: Yes
  • Dishwasher Unit 1: Yes
  • Bedrooms Unit 1: 2
  • Bathrooms Unit 1: 2
    Unit 2
  • Name Unit 2: 102
  • Washer/Dryer Unit 2: No
  • Range/Oven Unit 2: Yes
  • Refrigerator Unit 2: Yes
  • Dishwasher Unit 2: Yes
  • Bedrooms Unit 2: 2
  • Bathrooms Unit 2: 2
    Unit 3
  • Name Unit 3: 103
  • Washer/Dryer Unit 3: No
  • Range/Oven Unit 3: Yes
  • Refrigerator Unit 3: Yes
  • Dishwasher Unit 3: Yes
  • Bedrooms Unit 3: 1
  • Bathrooms Unit 3: 1
    Unit 4
  • Name Unit 4: 104
  • Washer/Dryer Unit 4: No
  • Range/Oven Unit 4: Yes
  • Refrigerator Unit 4: Yes
  • Dishwasher Unit 4: Yes
  • Bedrooms Unit 4: 2
  • Bathrooms Unit 4: 1
    Unit 5
  • Name Unit 5: 105
  • Washer/Dryer Unit 5: No
  • Range/Oven Unit 5: Yes
  • Refrigerator Unit 5: Yes
  • Dishwasher Unit 5: Yes
  • Bedrooms Unit 5: 2
  • Bathrooms Unit 5: 1
    Unit 6
  • Name Unit 6: 106
  • Washer/Dryer Unit 6: No
  • Range/Oven Unit 6: Yes
  • Refrigerator Unit 6: Yes
  • Dishwasher Unit 6: Yes
  • Bedrooms Unit 6: 0
  • Bathrooms Unit 6: 1
    Unit 7
  • Name Unit 7: 107
  • Washer/Dryer Unit 7: No
  • Range/Oven Unit 7: Yes
  • Refrigerator Unit 7: Yes
  • Dishwasher Unit 7: Yes
  • Bedrooms Unit 7: 2
  • Bathrooms Unit 7: 2
    Unit 8
  • Name Unit 8: 108
  • Washer/Dryer Unit 8: No
  • Range/Oven Unit 8: Yes
  • Refrigerator Unit 8: Yes
  • Dishwasher Unit 8: Yes
  • Bedrooms Unit 8: 1
  • Bathrooms Unit 8: 1
    Unit 9
  • Name Unit 9: 109
  • Washer/Dryer Unit 9: No
  • Range/Oven Unit 9: Yes
  • Refrigerator Unit 9: Yes
  • Dishwasher Unit 9: Yes
  • Bedrooms Unit 9: 2
  • Bathrooms Unit 9: 1
    Unit 10
  • Name Unit 10: 110
  • Washer/Dryer Unit 10: No
  • Range/Oven Unit 10: Yes
  • Refrigerator Unit 10: Yes
  • Dishwasher Unit 10: Yes
  • Bedrooms Unit 10: 1
  • Bathrooms Unit 10: 1
Rental
    Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 9255.0
  • Leasable Area Units: Square Feet

Property History for 4027 Beach Drive Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4027 Beach Drive Southwest

Taxable ValueLand$1,305,300Additions$2,134,700Total$3,440,000
Tax Record2022$31,415 ($2,618 / month)
Home Facts
Total Finished SqFt9,500 SqFtAbove Ground SqFt9,500 SqFtStories2Lot Size12,979 SqFtStyleMulti-Family Dwelling (2-4)Year Built1901Year Renovated1984ZoningLR2CountyKINGAPN156310-0070

Schools near 4027 Beach Drive Southwest

This home is within Seattle Public Schools.
RatingSchoolTypeGradesDistance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
RatingSchoolDistance
Alki Elementary School
PublicPK to 5

Madison Middle School
Public6 to 8

West Seattle High School
Public9 to 12

Pathfinder K-8
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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4027 Beach Drive Southwest is a multi-family home for sale in Seattle, WA 98116. This property was listed for sale on January 5, 2023 by Compass at $4,150,000. It has been on the market for a total of 34 days and was last sold on April 15, 2015. This listing's school district is Seattle Public Schools. Nearby schools include Alki Elementary School, Madison Middle School and West Seattle High School. 4027 Beach Drive Southwest is a 15-bed, 13-bath, 9,256 sqft multi-family home built in 1901.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of COMPASS

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer.