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LCR
5916 California Avenue SW, Seattle, WA 98136
- $1,500,000
- 5,156
- SqFt
Listing Broker: KW Everett; Aaron Byrne; 425-212-2007; aaronpbyrne@kw.com
- List Price
- $1,500,000
- Status
- ACTIVE
- MLS#
- 2576278
- Price Change
- ▼ $100,000 1791350121
- Days on Market
- 35
- Style
- 55 - 5-9 Units
- Finished SqFt
- 5,156
- Area Total SqFt
- 5156
- Annual Tax Ammount
- 17162
- Lot Size (sq ft)
- 6,750
- Sewer
- Sewer Connected
Property Description
8-unit West Seattle multifamily on California Ave SW, LR3 RC, permitted for expansion to 10 units. The building is vacant and suited to a value-add or reposition strategy. Seller financing is available to qualified buyers. Offered at $1,500,000
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Additional Information
- List Date
- 2026-09-01 00:43:12
- Community
- Seaview
- Net Operating Income
- $207,600
- Gross Adjusted Income
- $190,438
- Gross Scheduled Income
- $207,600
- Total Monthly Income
- $17,300
- Gross Rent Multiplier
- 7.7
- Total Expenses
- $17,162
- Cap Rate
- 6.9
- Total Number of Units
- 8
- Unit Name
- 5916
- Potential Terms
- Cash, Conventional
- Year Built
- 1969
- View
- Mountains, Partial, Sound, Territorial
- Roof
- Flat, Torch Down
- Site Features
- Cable TV, Deck, Fenced-Partially, High Speed Internet, Patio
- Energy Source
- Electric
- School District
- Seattle
- Elementary School
- Gatewood
- Middle School
- Madison Mid
- High School
- West Seattle High
- Total Monthly Income
- $17,300
- Gross Scheduled Income
- $207,600
- Gross Adjusted Income
- $190,438
- Tax Year
- 2025
- Total Expenses
- $17,162
- Net Operating Income
- $207,600
- Gross Rent Multiplier
- 7.7
- Cap Rate
- 6.9
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.