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5631 California Ave SW
Seattle, WA 98136 Seaview Seattle

$7,900,000 USD

Apartments For Sale • 23,932 SF

Property Details

Property Type Apartments
Total Building Size 23,932 SF
Lot Size 0.34 AC
Building Class C
Year Built 1980
Cap Rate 5.75 %
Zoning LR3 RC (M)

48 Transit Score

83 Walk Score

                
                    Highlights
                
                                Turnkey mixed use asset inA+ West Seattle Junction location
                            
                                5.75% in place CAP rate
                            
                                15 condo like residential units and 4 fully occupied retail spaces
                            
                                Low maintenance 1980 construction
                            
                                17 residential parking spaces + 8 retail
                            
                                Under 20 minutes to downtown CBD

Property Flyers

5631 California Ave SW - TJF

Financial Summary (Actual)

Net Operating Income: $454,074 USD (2025)

Cap Rate:

5.75 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Evergrreen Tans Soo Do		4/1/2028
Nikki Lashes
Seattle Yarn		9/15/2019

Amenities

On-Site Retail

Public Transportation

Commuter Rail	Drive	Walk	Distance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	14 min	-	6.0 mi
Airport	Drive	Walk	Distance
Seattle-Tacoma International	28 min	-	12.1 mi
Seattle Paine Field International	47 min	-	30.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	17
Type:	Surface
Included in Rent:	Yes

Tanner Fogle 360-771-0010 Paragon Real Estate Advisors

5631 California Ave SW Seattle, WA 98136 Seaview Seattle