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5631 California Ave SW
Seattle, WA 98136 Seaview Seattle

$7,700,000 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
  • Zoning LR3 RC (M)
50 Transit Score
70 Walk Score

Highlights

Turnkey mixed use asset with 15 fully leased residential units and 4 fully leased street level retail spaces
Offered at an in place 6.00% cap rate providing strong in place cash flow and long term value growth
Located in the heart of the West Seattle Junction on California Avenue, a highly walkable and supply constrained mixed use submarket
Fully occupied street retail with excellent visibility along California Avenue SW - 1/2 block from Rapid Ride stop
Condo like residential units with in unit washer and dryers, large balconies, gas fireplaces, and modern finishes
Stainless steel appliances, stone countertops, and LVT flooring throughout units

Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • On-Site Retail
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Freezer
  • Walk-Up
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) 14 min - 6.0 mi
AirportDriveWalkDistance
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
Tanner Fogle 360-771-0010 Paragon Real Estate Advisors