5916 California Avenue SW, Seattle, WA 98136
Courtesy of KW Everett
- $1,600,000
- 5,156
- SqFt
- List Price
- $1,600,000
- Status
- ACTIVE
- Days on Market
- 1
- MLS#
- 2576278
- Subtype
- Residential Income
- Style
- 55 - 5-9 Units
- Year Built
- 1969
- Living Area
- 5,156
- Lot Size
- 6,750
- Acres
- 0.16
- Subdivision
- Seaview
- Neighborhood
- Seaview
- MLS Area Major
- West Seattle
Property Description
Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*
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Additional Information
- Amenities
- Coin Op Laundry, See Remarks, Storage
- Exterior Features
- Wood
- Property Description
- 55 - 5-9 Units
- Flooring
- Concrete, Vinyl, Carpet
- Heating
- Baseboard
- Air Conditioning
- None
- Roof
- Flat, Torch Down
- School District
- Seattle
- Elementary School
- Gatewood
- Middle School
- Madison Mid
- High School
- West Seattle High
- View
- Mountains, Partial, Sound, Territorial
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