1317 California Avenue SW, Seattle, WA 98116, Seattle, 98116 - 3 bed, 3 bath
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1317 California Avenue SW
Seattle, WA 98116
ACTIVE
CONDITION: POOR
3Beds
3Baths
2,420Sq Ft
4,750Lot Size
Property Price
LIST PRICE$1,199,000
EST. MARKET VALUE
$1,174,106
SUMMARY
This property presents a High-Potential Investment Opportunity with a List Price of $1,199,000—positioned above the $1,174,107 Fair Market Value. While the property requires a full rehab due to its Condition Rating of 5, the 2,420 square foot layout and Panoramic Views of the Seattle skyline and Elliott Bay offer significant upside for forced appreciation. This asset is strictly for cash or hard money buyers, making it an ideal acquisition for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation in this prime North Admiral location.
Estimated Market Value
$1,174,106
Based on Realkey algorithm analyzing recent comparable sales in Seattle.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1317 California Avenue SW Subject 3 bd · 3 ba · 2,420 sqft · $485 | $1,199,000* List Price | 3 | 3 | 2,420 | $485 | - |
A 1921 41st Avenue SW Sold 4 bd · 2 ba · 1,930 sqft · $518 · 0.4 mi | $1,000,000 | 4 | 2 | 1,930 | $518 | 0.4 mi |
B 2115 Bonair Drive SW Sold 3 bd · 2 ba · 1,920 sqft · $495 · 0.7 mi | $950,000 | 3 | 2 | 1,920 | $495 | 0.7 mi |
C 1921 41st Avenue SW Pending 4 bd · 2 ba · 1,930 sqft · $518 · 0.4 mi | $999,950 List Price | 4 | 2 | 1,930 | $518 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Poor
TeardownExcellent
Property is extensive renovation needed.
Built in 1948 and held by the same owner for 52 years, this property requires a full rehab. The kitchen is partially gutted with exposed framing, the upstairs bathroom is non-existent/not installed, and the basement systems (HVAC/Electric) are dated and exposed. The listing's restriction to cash or hard money buyers indicates it does not meet standard habitability requirements for traditional financing.
PROSSTRENGTHS & OPPORTUNITIES
- Iconic Views and Location
Situated at the end of California Avenue, the property offers breathtaking, unobstructed views of the Seattle skyline and Elliott Bay, located just steps from Hamilton Viewpoint Park.
- Significant Equity Potential
With over 2,400 square feet of living space and historic vintage elements, this home presents a rare opportunity for a high-end custom renovation in the prestigious North Admiral neighborhood.
- Prime Walkability
The home boasts an unbeatable location with easy access to Alki Beach, the Seattle Water Taxi, and the vibrant shopping and dining options of the Admiral District.
CONSRISKS & DEFICIENCIES
- Restricted Financing
Due to its current unfinished state and the need for extensive renovations, the property is limited to cash or hard money buyers, excluding those seeking traditional mortgage financing.
- Incomplete Interior Infrastructure
The home features unfinished projects from previous owners, including a missing upstairs bathroom, which necessitates immediate and substantial capital investment to make the space functional.
About 1317 California Avenue SW
Incredible opportunity to own this historic home gazing over the Seattle skyline at the end of California Ave! First time on the market in over 52 years. This home is ready for dream renovations to bring new life to this distinguished location! Some work had been started by previous owners so home is available to cash or hard money buyers only. Many vintage elements still in place to reinvent. Discover 2420 square feet of living space that includes a huge basement and 2 car garage! Light and bright main floor holds a large kitchen, dining room as well as a spacious living room with a cozy fireplace and French doors out to the back yard. Enjoy the scenery through the giant picture windows throughout the main floor! The home offers three bedrooms; one on the main floor and two upstairs that overlook Seattle and Elliot Bay! There is space for a full bathroom upstairs although not currently installed. Main floor offers a full bathroom and the basement does have a toilet and sink. The lower level also offers a large rec room with a cozy fireplace. Unparalleled location close to Admiral shopping and restaurants with Alki beach right around the corner! Hamilton Viewpoint Park is just steps away from your front door! Easy walk to Seacrest Park Cove 3 and the Seattle Water Taxi! So much potential here in an unbeatable location!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1948
- Lot Size
- 4,750 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Seattle Unified Schools
Lafayette Elementary School
Grades PK-5 • 0.8 mi
8/10
Alki Elementary School
Grades PK-5 • 1.4 mi
8/10
Genesee Hill Elementary School
Grades K-5 • 1.8 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,420 | 1,801.924 |
| Lot Size | 4,750 | 4,494.536 |
| Price | $1.20M | $974.4K |
| Price per sq ft | $495 | $569 |
| Built year | 1948 | 1948 |
| HOA | $0 | $78 |
| Days on market | 11 | 35 |
Pricing History
Listed for Sale
Oct 13, 2026
$1,199,000
Initial Listing