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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Commercial real estate
5949 California SW Ave Seattle, WA 98136-1775
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US90-1390321
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
8,094 SF
Lot
0.11 ac (4,815 SF)
Zoning code
LR3 RC (M)
APN
762570-2285
UPID
US90-1390321
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Fauntleroy Lofts Apartment Building
-
laila massage Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$970k
Owner & transaction history
Live Urban 3 LLC · 11 yrs held
Live Urban 3 LLC
since 2014
6 recorded transactions
Zoning & alternative use
LR3 RC (M) · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Seattle submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Seattle submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$120 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$6,067
Tax year 2022
Assessed value
$674,100
Assessed 2022
Previous assessed
$674,100
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$674,100
Land market value
$674,100
Total market value
$674,100
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
4
Units
38
Bathrooms
2
Total area
8,094 SF
Lot
0.11 ac (4,815 SF)
Zoning code
LR3 RC (M)
APN
762570-2285
UPID
US90-1390321
Jurisdiction
KING
Metro division
SEATTLE-BELLEVUE-EVERETT, WA METROPOLITAN DIVISION
Zoning & alternative use
LR3 RC (M) · Seattle, WA
Zoning LR3 RC (M) · permitted uses
LR3 RC (M) · Seattle, WA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Seattle. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2015
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FLOOR/WALL FURNACE
Stories
4
Units
38
Bathrooms
2
Lot
0.11 ac
Current owner
From public records · entity-resolved
Live Urban 3 LLC
Entity
Mailing address
9827 51ST AVE SW, SEATTLE, WA 98136-2728
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2021
—
Live Urban 3 LLC
—
Deed
related
$250,000 · Pacific Premier Bank
Aug 7, 2014
$475,000
Live Urban 3 LLC
Long,lisa
Warranty Deed
—
Oct 27, 2011
$430,000
Lisa Long
Smith,janice
Warranty Deed
$275,000 · Blueprint Capital LLC
Mar 18, 2010
—
Janice Smith
Smith Artie D
Quit Claim Deed
related
—
—
—
Lisa R Long
—
Loan Modification
related
$935,000 · Blueprint Capital LLC
—
—
Lisa R Long
—
Loan Modification
related
$955,000 · Blueprint Capital LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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