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7130 California Ave SW
Seattle, WA 98136

$3,300,000 USD

Apartments For Sale  •  16,400 SF

Property Details

  • Property Type Apartments
  • Total Building Size 13,120 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1967
  • Zoning LR2 (M)
48 Transit Score
76 Walk Score

Highlights

Opportunity to add in unit washers/dryers (Buyer to verify)
Market 7.6% cap rate based on a market rent of $2.26/foot
The roof was replaced in May of 2024 and the parking lot was resurfaced/striped in 2024
Large 1BD/1BTH units may be converted to 2BD/1BTH (Buyer to verify)
Building has had 0% vacancy over the last 5 years
Attractive unit mix of 8 - 1BD/1BTH Units and 8 – 2BD/1BTH Units

Property Flyers

Amenities

  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Range

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 16 min - 6.7 mi
AirportDriveWalkDistance
Seattle-Tacoma International 26 min - 10.4 mi
Seattle Paine Field International 48 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 16
Type: Surface
Included in Rent: Yes
Michael Urquhart 206-623-8880 Paragon Real Estate Advisors
Michael Urquhart 206-623-8880 Paragon Real Estate Advisors