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Six-Unit Townhouse-Style Apartment Building
For Sale
$1,995,000

4018 California, Seattle, WA 98166

Residents have private fenced patios and in-unit laundry, with a mix of townhouse and flat layouts.

Property Size52,320 SF
Price / SF$38.13
Days on Market8

Property Features for 4018 California

General Information

Standard status Active
Size 52,320 SF
Total Parking Spaces 5
Property subtype Multi-family

Units

Unit Mix 5 x 2BR townhouse, 1 x 1BR flat
Multifamily Units 6

Additional Details

Road Access Yes

Amenities

in-unit laundry
private fenced patios

Building Details

Year Built 2003
Listing Agency: Westlake Associates,Inc.
Listed By: David W Petersen
Source: Skylineproperties
Added: Sep 20 Changed: Sep 26 Last Checked: Sep 26 at 2:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Westlake Associates,Inc.

Investment Insights

Based on property information with market context.

Built in 2003, the six-unit apartment property includes five two-bedroom townhouse-style residences and one oversized one-bedroom flat. Every unit has in-unit laundry and a private fenced patio. Five off-street parking spaces serve the building, with street parking also available nearby.

The property is on California Avenue between the Admiral and Alaska Junctions. Nearby amenities include PCC, Trader Joe's, Whole Foods, Alki Beach, Hiawatha Park, West Seattle Golf Course and the West Seattle Bridge. The stated market cap rate is 6.31%.

Key Highlights

  • Six units: five two‑bedroom townhouse‑style residences and one oversized one‑bedroom flat
  • Built in 2003
  • Private fenced patio and in‑unit laundry in every residence

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Home Appliance Store (Bike/Boat/Book/etc) Store Tanning Salon Daycare Center Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,888
Businesses Nearby

Demographics for 98166, WA

22,152
Population
9,766
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
93%
High-School Grad
5.8 sq mi
ZIP Area
3,819
Density / Sq Mi
$112,191
Median Household Income
$63,011
Median Earnings
$1,739
Median Rent
$785,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Residents have private fenced patios and in-unit laundry, with a mix of townhouse and flat layouts.
Where is this apartment building located?
The property is located at 4018 California Seattle, WA.
What is the asking price?
The asking price for this property is $1,995,000.
What are key features of this property?
This property features: Six units: five two‑bedroom townhouse‑style residences and one oversized one‑bedroom flat; Built in 2003; Private fenced patio and in‑unit laundry in every residence
More about this property
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