Property Details
5631 California Avenue SW
Seattle, WA 98136
$7,700,000
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Property Overview
Fully renovated, turnkey mixed-use asset located in the heart of the West Seattle Junction, The EOS consists of 15 luxury apartments situated above four fully leased retail spaces, offering a diversified income stream in a premier urban location. All 2BD units with W/D, balconies, and modern interior finishes. 17 open and covered residential parking spaces located at the rear of the building and 8 open commercial parking spaces at the front of the property. Built in 1980 and renovated, EOS offers investors a true turnkey ownership opportunity with a low maintenance profile. The building features an elevator, renovated formal lobby, Amazon package lockers, copper plumbing, newer lower roof, and freshly upgraded common areas. Located just steps from the West Seattle Junction’s premier restaurants, shops, and cafes, this asset is priced at an in-place 6.00 percent cap rate, providing strong in place cash flow with long term value growth driven by transit-oriented development
Property Details
Property Information
Property Type
Residential Income
Subtype
Multi Family
Status
Active
County
King
Neighborhood
Alaska Junction
Listed
Jul 22, 2026
Structure Type
Multi Family
Parcel Number
7625701430
Tax & HOA
Annual Property Tax
$67,918 (2025)
Est. Monthly Tax
$5,660/mo
Financial Summary
Cap Rate
6.00%
Net Operating Income
$462,380
Gross Scheduled Income
$696,290
Gross Rent Multiplier
11.06
Total Expenses
$202,944
Vacancy Rate
5.0%
Building & Use
Building Sq Ft
19,564
Leasable Area
19,564 sqft
Total Units
19
Zoning
Multi-Family,Retail
Possible Use
Multi-Family, Retail
Lot Size
15,002 sqft
Year Built
1980
Exterior & Lot
Lot Size
0.34 sqft
Year Built
1980
Exterior Materials
Cement, Stone
Sewer
Sewer Connected
Exterior Features
Cement/Concrete, Stone
Community & Access
Directions
From W Seattle Bridge stay straight to continue on Fauntleroy Way SW, Right on SW Edmunds St. Left on California Ave SW. Property is on the right.
Location
City
Seattle
County
King
Coordinates
47.55121, -122.38753
Additional Information
Tax Year
2025
Annual Taxes
$67,918
Possession
Array
