Property Details

5631 California Avenue SW
Seattle, WA 98136
$7,700,000
MLS# 2558493 courtesy of NWMLS Listing firm: Paragon Real Estate Advisors

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5631 California Avenue SW, Seattle, WA 98136, Seattle

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Multi-Family
Property Type
19,564
Bldg Sq Ft
19
Units
6.00%
Cap Rate
1980
Year Built

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
Listed By
Tanner Fogle
Paragon Real Estate Advisors

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