Property Details

28426 16th Ave S

Federal Way, WA 98003

$1,700,000

Off Market

CBA# 711412 courtesy of CBA Listing firm: Berkadia Real Estate Advisors, LLC

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Commercial

Property Type

7,776

Bldg Sq Ft

Units

1978

Year Built

Property Overview

Soundview II Apartments is a six-unit, condo-style multifamily asset nestled in Federal Way's Redondo neighborhood — a quiet, amenity-rich pocket of the city with direct access to Redondo Beach Park, Dash Point State Park, and I-5. The December 2025 opening of the Federal Way Link Extension places residents just minutes from Downtown Seattle and Seattle-Tacoma International Airport via light rail while preserving the affordability and quality of life that define Federal Way's appeal.With effective rents running $300–$500/month below Seattle's average, Federal Way continues to attract cost-conscious renters priced out of the urban core. With development moratoriums limiting new supply, demand has nowhere to go but into existing, well-located properties like Soundview II, making this an inc