4138 California Avenue Southwest
4138 California Avenue Southwest
Seattle, WA 98116
$2,350,000
Last Sold Price
4
Beds
4
Baths
4,896 Sq. Ft.
$480 / Sq. Ft.
4,896
Sq. Ft.
$480
per Sq. Ft.
Sold 10/28/22
Sold 10/28/22
Listing provided courtesy of Westlake Associates, Inc., Keller Williams Seattle Metro
Description
Mid-Century Mixed-Use West Seattle Multifamily + Office + Street Retail under the same owner since 1986. The 4 Multifamily units are fully leased, and Street Retail is perfect for Owner / User / Investor. Street retail in the West Seattle market is under supplied and high demand. The perfect building for the early investor that is looking to jump to Commercial Property with development upside or the seasoned investor that knows the ‘prime’ West Seattle Junction micro market.Mid-Century Mixed-Use West Seattle Multifamily + Office + Street Retail under the same owner since 1986. The 4 Multifamily units are fully leased, and Street Retail is perfect for Owner / User / Investor. Street retail in the West Seattle market is under supplied and high demand. The perfect building for the early investor that is looking to jump to Commercial Property with development upside or the seasoned investor that knows the ‘prime’ West Seattle Junction micro market.
- Listed by Gary Hunter • Westlake Associates, Inc.
Property Details for 4138 California Avenue Southwest
Community Name
Alaska Junction
School DistrictSeattle
Number of Assigned Spaces5
Total Covered Parking0
Entry Date08-09-2022
Energy SourceElectric
SewerSewer Connected
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By Keller Williams Seattle Metro
Add your commute
LISTING UPDATED: 11/03/2022 02:25 PM
Property Details for 4138 California Avenue Southwest
| Status | Sold |
|---|---|
| MLS # | 1981288 |
| Days on Market | 24 |
| Cumulative Days on Market | 528 |
| Taxes | $14,966 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1960 |
| Lot Size | 0.13 AC / 5,750 SF |
| County | King County |
Location
Listing Courtesy of Westlake Associates, Inc.![]()
Sold By Keller Williams Seattle Metro
Add your commute
Building Information for 4138 California Avenue Southwest
Stories2Residences4Year Built1960Building Size-Lot Size0.13 AC / 5,750 SF
Payment Calculator
$14,072 per month
30 year fixed, 7.25% Interest
Principal and Interest
$12,825
Property Taxes
$1,247
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 4138 California Avenue Southwest
Summary
Location and General Information
- Style: 54 - 4-Plex
- Area: 140 - West Seattle
- Effective Year Built Source: Public Records
- Directions: On W Marginal Way towards West Seattle, continue on Chelan Ave SW. Left on SW Avalon Way which turns to Fauntleroy Way SW. Right on SW Oregon St. Right on California Ave SW. Site on right.
- Leased Items: None
- Property Sub Type: MULT
- View: No
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2022
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 5.0
- Open Parking: Yes
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Fireplace: No
- Heating: Yes
Exterior Features
- Exterior: Cement/Concrete, Stucco
- Roof: Torch Down
Property
Utilities
- Heating and Cooling: Baseboard
- Water/Sewer/Garbage: 9713
- Power Production Type: Electric
- Utilities: Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: City
- Zoning Class: Multi-Family,Office,Retail,See Remarks
- First Right Of Refusal: false
- Possible Use: Multi-Family, Office, Retail, See Remarks
- Letter On File: Duplicate Prop Type
- Preliminary Title Ordered: Yes
- Senior Community: No
- Special Listing Conditions: None
- Year Built Effective: 1980
- Photos Count: 11
Lot Information
- Lot Size Source: King County Assessor
- Parcel Number Free Text: 0952002260
- Calculated Square Footage: 4896
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 4896.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 5
- Number of Stories in Building: 2
- Vacancy Rate: 0
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $1,812
- Total Expenses: 39184
- Gross Adjusted Income: 151328
- Gross Rent Multiplier: 16.5
- Gross Scheduled Income: $151,328
- Insurance Expense: $0
- Net Operating Income: $112,144
- Other Expenses: $11,047
- Total Monthly Income: 12610
- Fuel Expense: $1,646
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 558
- Rent Unit 1: $1,100.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 558
- Rent Unit 2: $1,350.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 3
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 558
- Rent Unit 3: $1,300.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 4
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 558
- Rent Unit 4: $1,700.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 4896.0
- Leasable Area Units: Square Feet
Property History for 4138 California Avenue Southwest
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 4138 California Avenue Southwest
Taxable ValueLand$1,035,000Additions$575,100Total$1,610,100
Tax Record2022$13,998 ($1,167 / month)
Home Facts
Total Finished SqFt4,896 SqFtAbove Ground SqFt4,896 SqFtStories2Lot Size5,750 SqFtStyleOffice BuildingYear Built1960Year Renovated1990ZoningNC1-65 (M1)CountyKINGAPN095200-2260
Schools near 4138 California Avenue Southwest
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Genesee Hill Elementary School PublicK 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.
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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 Westlake Associates, Inc.
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. The DOM value represents the number of days this listing has been Active on this website.