5631 California Ave SW Seattle, WA 98136
Property profile & analytics
5631 California Ave SW Seattle, WA 98136
- Commercial real estate
- 23,932 SF
- 0.34 lot acres
Property ID
US90-1543723
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Evergreen Tang Soo Do Academy / Training Center / Sports School
- EOS / Apartment Building
- Amy's Nail & Spa / Nail Salon
- Executive House Apartments / Apartment Building
Property Details for 5631 California Ave SW
- Year built
- 1980
- Lot size
- 0.34 lot acres
- Property size
- 23,932 SF
- Property type
- Commercial real estate
- APN
- 762570-1430
Description
This exceptional mixed-use property, located at 5631 California Ave SW in Seattle, WA 98136, presents a compelling investment opportunity. The 23,932 square foot building, constructed in 1980 and fully renovated, boasts a desirable West Seattle Junction location with excellent street exposure. The property features 19 units: four street-level retail spaces, all currently leased, and fifteen luxury residential apartments, each a two-bedroom, two-bathroom unit averaging 1,012 square feet and including in-unit washer/dryers. The building sits on a 0.34-acre lot (zoned LR3 RC (M)) and offers 25 parking spaces, conveniently divided between residential (rear alley access) and commercial (front) areas. The current cap rate stands at 5.04%, with a pro-forma cap rate of 5.56%. The asking price is $8,950,000, translating to $457 per square foot and $471,053 per unit. The building is a four-story structure with a net rentable area of 19,564 square feet. Its prime location offers an 85 Walk Score and proximity to a future light rail station (projected opening 2032), promising continued growth and high occupancy rates. This turnkey property offers a diversified income stream and significant potential for future appreciation. The lease term for the retail spaces is five years. The property's APN is 762570-1430.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Seattle
- County
- King
- State
- Washington
- Longitude
- -122.387558
- Latitude
- 47.5512389
