Listed by Venture Real Estate Group LLC, Bought with eXp Realty
NOT LISTED FOR SALE

4000 California Ave SW Seattle, WA 98116

Genesee Neighborhood
8 Beds
6 Baths
6,139 Sq Ft
5,750 Sq Ft Lot

Last Sold November 23, 2022

Last sale price $2,800,000 $456 Per Sq Ft

75 Days on Market

Highlights

  • Deck
  • Territorial View
  • High Speed Internet
  • Genesee Hill Elementary School Rated A-
  • No HOA
  • 2-minute walk to Dakota Place Park

About This Home

As of November 2022

***Exceptional beautifully renovated turnkey 7-unit + permit ready 8th unit in highly desirable W Seattle! Very low maintenance, corner lot building w/ lg 1 & 2 bed units in high demand area. Market CAP 5.43%. The 7th unit in great condition w/lg-term tenant. 6/7 seven units updated w/soft close kit cab, quartz counters, SS app, new floors, new in unit combo W&D, double pane windows, high-end paint job. Great walking neighborhood, short distance to Restaurants, Coffee, Shops, & KC bus routes to Alki Bch, DT Seattle, & Southcenter. Permit ready w/designed studio, ready to convert to 8th unit. New pitched torch down roof, new sec sys/entry, covered pkg, all water heaters ground fl. Great 1031 l/t invest. Zoned L3-RC. Excellent investment!

Last Agent to Sell the Property

Jamie Langsford

Venture Real Estate Group LLC License #24814 Listed on: 08/19/2022

Co-Listed By

Tammie Freeman

Venture Real Estate Group LLC License #138821

Last Buyer's Agent

Izzy Iniguez-Chavez

eXp Realty License #136882

eXp Realty

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 1986177

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,967

Year Built

  • Built in 1966

Lot Details

  • 5,750

Home Design

  • Poured Concrete
  • Bitumen Roof
  • Wood Siding
  • Wood Composite

Interior Spaces

  • 6,139 Sq Ft Home
  • 3-Story Property
  • Territorial Views

Flooring

  • Wall to Wall Carpet
  • Concrete
  • Vinyl

Parking

  • 7 Parking Spaces
  • Open Parking

Schools

  • Genesee Hill Elementary School
  • Madison Mid Middle School
  • West Seattle High School

Utilities

  • High Speed Internet
  • Cable TV Available

Additional Features

  • Deck
  • 5,750 Sq Ft Lot

Community Details

  • No Home Owners Association
  • West Seattle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 0952002065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,967

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 55 - 5-9 Units
  • Year Built: 1966
  • Buyer Agency Compensation: 2.5%
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 6139
  • Special Features: None

Interior Features

  • Possible Use: Multi-Family
  • Fireplace: No
  • Flooring: Concrete, Vinyl, Carpet
  • Interior Amenities: Concrete, Wall to Wall Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Torch Down
  • View: Territorial
  • Lot Features: Alley, Paved, Sidewalk
  • View: Yes
  • Waterfront: No
  • Exterior Features: Wood, Wood Products
  • Foundation Details: Poured Concrete
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: No
  • Open Parking Spaces: 3
  • Open Parking: Yes
  • Total Parking Spaces: 7
  • ParkingUncoveredSpaces: 3

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Heating Yn: Yes
  • Utilities: Cable Connected, High Speed Internet, Sewer Connected, Electric
  • PowerCompany: Seattle City Light
  • SewerCompany: Seattle Public Utility
  • WaterCompany: Seattle Public Utility
  • WaterSewerGarbage: 7898

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle
  • High School: West Seattle High
  • Middle Or Junior School: Madison Mid

Lot Info

  • Parcel Number: 0952002065
  • Lot Size Acres: 0.132
  • Lot Size Sq Ft: 5750
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet
  • MLSLotSizeSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Multi-Family

Green Features

  • Power Production Type: Electric

Rental Info

  • Furnished: Unfurnished
  • GrossRentMultiplier: 0
  • LeasedItems: None
  • TotalMonthlyIncome: 15095

Multi Family

  • Gross Scheduled Income: 214020
  • Net Operating Income: 157728
  • Number Of Units Total: 7
  • Insurance Expense: 3681
  • Leasable Area: 6139
  • EnergySource: Electric
  • UnitsInBuildingTotal: 7
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2022
  • Tax Annual Amount: 18967

MLS Schools

  • Elementary School: Genesee Hill Elementary

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/23/2022 11/23/22 Sold $2,800,000 -3.6% $456 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
08/19/2022 08/19/22 For Sale $2,905,000 -- $473 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 1986177

Northwest Multiple Listing Service (NWMLS)