4018 California Avenue SW, Seattle, WA 98166
- $1,995,000
- 52,320
- SqFt
Listing Broker: Westlake Associates, Inc.; David W Petersen; 206-300-8909; david@westlakeassociates.com
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- 2586515
- Days on Market
- 0
- Style
- 55 - 5-9 Units
- Finished SqFt
- 52,320
- Area Total SqFt
- 52320
- Annual Tax Ammount
- 20272
- Internet Provider
- Xfinity
- Lot Size (sq ft)
- 5,750
- Sewer
- Sewer Connected
Property Description
Built in 2003, this multifamily property contains six units, five of which feature two-bedroom townhouse-style layouts, while the remaining unit is an oversized one-bedroom flat. Each residence benefits from in-unit laundry and private fenced patios for every unit. The building also provides five off-street parking spaces with additional street parking available. The property is located on California Avenue between the Admiral and Alaska Junctions, placing residents near West Seattle retail, dining, grocery and recreational amenities such as PCC, Trader Joe’s and Whole Foods. Alki Beach, Hiawatha Park, West Seattle Golf Course and the West Seattle Bridge are nearby. Market Cap Rate: 6.31%
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Additional Information
- List Date
- 2026-09-23 20:52:19
- Community
- Admiral
- Net Operating Income
- $102,532
- Gross Adjusted Income
- $153,370
- Gross Scheduled Income
- $162,441
- Total Monthly Income
- $13,454
- Insurance Expenses
- $4,311
- Water/Sewer/Garbage Expenses
- $8,853
- Gross Rent Multiplier
- 12.36
- Total Expenses
- $50,838
- Cap Rate
- 5.14
- Vacancy Rate
- 5
- Total Number of Units
- 6
- Unit Name
- 4018
- Potential Terms
- Cash
- Year Built
- 2003
- Roof
- Composition
- Site Features
- Cable TV, Fenced-Fully, High Speed Internet, Patio
- Other Expenses
- 17402
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Lafayette
- Middle School
- Madison Mid
- High School
- West Seattle High
- Total Monthly Income
- $13,454
- Gross Scheduled Income
- $162,441
- Vacancy Rate
- 5
- Gross Adjusted Income
- $153,370
- Tax Year
- 2026
- Insurance Expense
- $4,311
- W/S/G Expenses
- $8,853
- Total Expenses
- $50,838
- Net Operating Income
- $102,532
- Gross Rent Multiplier
- 12.36
- Cap Rate
- 5.14
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.