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5916 California Avenue SW Seattle, WA 98136

$1,600,000
0.15
Acres
5,156
SQFT
310
$/SQFT
$1,600,000
5,156   sf
$310 / sf
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active
1/25
Street View

Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*

Rare value-add opportunity in the heart of West Seattle's Admiral District. This 8-unit multifamily property sits on a 6,750 SF LR3 RC (M) zoned lot in a designated Urban Village — with permits already in hand to expand to 10 units. Renovate the existing 1969-built structure and capture immediate rent upside, or leverage approved plans to rebuild and maximize density. Solid poured-concrete foundation, on-site parking for 8 vehicles, and Puget Sound views from upper units add lasting value regardless of path chosen. With Seattle's One Seattle Comprehensive Plan and pending Centers and Corridors legislation positioning Admiral District for continued growth, this is a rare entry point for investors seeking income today and upside tomorrow. Offered at $1,600,000. *Some pics prior to current remodel*

  • Neighborhood
    Seaview
  • Type
    Commercial
  • County
    King
  • Area
    140 - West Seattle
  • Tax Amount
    $17,162
  • Status
    Active
  • Listing #
    2576278
  • Built
    1969
  • Lot Size
    0.15
  • Listed on site
    16 days

Listed by:
KW Everett

Listing information © 2023 Northwest Multiple Listing Service. Information is based on data available to the associate, including county records. The information contained in this listing has not been verified by LaVerne Pike - Windermere Real Estate - and should be verified by the buyer. The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Laverne Pike - Windermere Real Estate are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2026-09-18 07:44:43. DMCA
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Community Features

  • No HOA
  • No Adult Community

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  • No Pool
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