Sold

Listed by: Paragon Real Estate Advisors • Michael Urquhart

Bought with: Paragon Real Estate Advisors

$2,870,000

7130 California Avenue SW, Seattle, WA 98136

24beds

16baths

13,120sqft

Multi Family

Built in 1967

-- sqft lot

$2,886,600 Zestimate^®

$219/sqft

$2,321 Estimated rent

Home value

$2,886,600

$2.60M - $3.26M

$2,321/mo

Zestimate^® history

Owner options

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$2,321/mo

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$2,321/mo

Rent Zestimate^®

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$17,365/mo

Est. payment

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$17,365/mo

Est. payment

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What's special

The Haven is a well-located apartment building on California Ave, just south of Morgan Junction, offering a prime opportunity for investors in the vibrant West Seattle market. This asset features a desirable unit mix of 8 generously sized 1BD/1BTH units and 8 spacious sized 2BD/1BTH units, catering to a broad range of potential tenants. The Haven is a great value-add opportunity with a low entry basis of $206,250 per unit and $251 per square foot. Current rents are well below market presenting significant potential to enhance revenue through increased rents, parking fees, utilities charges, pet rents, and further cosmetic upgrades.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 24
Bathrooms: 16

Heating

Radiant, Electric

Cooling

None

Features

Has fireplace: No

Interior area

Total structure area: 13,120
Total interior livable area: 13,120 sqft

Property

Parking

Total spaces: 16
Parking features: Open
Uncovered spaces: 16

Lot

Size: 0.27 Acres

Details

Parcel number: 4317700005
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: 10+ Units
Property subtype: Multi Family

Materials

See Remarks
Roof: Flat

Condition

Year built: 1967

Utilities & green energy

Sewer: Sewer Connected

Community & HOA

Community

Subdivision: Gatewood

Location

Region: Seattle

Financial & listing details

Price per square foot: $219/sqft
Annual tax amount: $40,938
Date on market: 1/20/2025
Cumulative days on market: 548 days
Listing terms: Conventional

Price history

Date	Event	Price
1/10/2025	Sold	$2,870,000-13%$219/sqft
Source: NWMLS as distributed by MLS GRID #2285900 Report a problem
9/25/2024	Pending sale	$3,300,000$252/sqft
Source: NWMLS as distributed by MLS GRID #2285900 Report a problem
9/4/2024	Listed for sale	$3,300,000+65%$252/sqft
Source: NWMLS as distributed by MLS GRID #2285900 Report a problem
6/23/2022	Listing removed	--
Source: Zillow Rental Manager Report a problem
6/15/2022	Listed for rent	$1,725+8.2%
Source: Zillow Rental Manager Report a problem
3/1/2021	Listing removed	--
Source: Owner Report a problem
7/13/2020	Listing removed	$1,595
Source: Owner Report a problem
7/7/2020	Price change	$1,595-3%
Source: Owner Report a problem
6/29/2020	Price change	$1,645-3.2%
Source: Owner Report a problem
6/12/2020	Price change	$1,700-2.9%
Source: Owner Report a problem
5/28/2020	Price change	$1,750-3.8%
Source: Owner Report a problem
5/15/2020	Price change	$1,820-4%
Source: Owner Report a problem
5/5/2020	Listed for rent	$1,895
Source: Owner Report a problem
5/6/2012	Sold	$2,000,000$152/sqft
Source: NWMLS as distributed by MLS GRID #460702 Report a problem