View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

4022-4028 California Ave. SouthWest

Main image

4022-4028 California Ave. SouthWest

4022-4028 California Ave SW, Seattle, WA 98116
Multi-Family For Sale Available Cap Rate 5.31% Built 1954 2 floors Zoning: LR3-RC(M)
Asking Price
$3,395,000
Total Building9,048 SF
Available9,048 SF avail
Land11,531 SF land
ConstructionFramed
MarketWest Seattle
CountyKing

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
305579
Listing ID
705282
Type
Multi-Family
Asset Class
Multi-Family
Zoning
LR3-RC(M)

Description

The Monterey Apartments offer a rare opportunity to acquire a 16-unit multifamily asset in the heart of West Seattle, just two blocks from the vibrant Junction on California Avenue. It is uncommon for a high performing, stabilized property like this to become available in one of Seattle’s most dynamic and sought-after neighborhoods.West Seattle continues to experience steady growth while maintaining the character and charm that make it one of the city’s most desirable communities. The Monterey represents an opportunity to enter this competitive market for under $220,000 per unit. The asset provides investors with strong in-place cash flow and the potential to add further value through the installation of in-unit washer and dryers.Originally constructed in 1954, The Monterey Apartments

Listing Courtesy of:

RD
Ryan Downing
Capstone Commercial Real Estate Advisors
PO Box 1448,
Edmonds, WA 98020
State: WA City: Seattle ZIP: 98116 Type: For Sale

Commercial Listings
Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.