- For Sale $3,395,000
- Property Type Multi-Family
- Property Size 9,048 SF
- Units 16
- Lot Size 0.26 Acre
- Property Tenancy Multi-Tenant
- Year Built 1954
- Date Updated Jul 13, 2026
Description
Located in the vibrant heart of Seattle, this thriving neighborhood offers a compelling mix of commercial activity and community charm. The area is renowned for its diverse local businesses and amenities, including renowned dining destinations, boutique shops, verdant parks, and vibrant cultural attractions. The property benefits from excellent foot traffic and strong connectivity to major local highways and transit routes. The neighborhood is also in close proximity to well-known landmarks such as Alki Beach, the Seattle Great Wheel, and the bustling West Seattle Junction, providing an appealing combination of urban conveniences and waterfront leisure. With its dynamic blend of commerce and community, the location offers a prime opportunity for office investors seeking a well-connected and vibrant urban setting.Introducing an exceptional multifamily opportunity in Seattle, this low-rise property encompasses 9,048 SF of versatile living space. Built in 1954, the building offers timeless appeal and is zoned LR3 RC (M), promising development potential. Boasting a prime location, the property presents a desirable investment prospect with strong rental prospects and income-generating potential. Its well-maintained and attractive features make it a sought-after asset for long-term returns. With ample space for residents to enjoy, this multifamily gem embodies the lucrative combination of prime location and promising growth potential, offering a compelling opportunity for low-rise/garden investors in the vibrant Seattle area.
Highlights
- 9,048 SF low-rise building
- Built in 1954
- Desirable low-rise/garden asset
- Ideal for multifamily investment
- Prime location in Seattle
- Strong rental prospects
- Well-maintained property
- Zoned LR3 RC (M) for development potential
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Contacts
Ryan Downing
Capstone Commercial
Location
Located at 4022 4028 California Ave SW, Seattle, WA 98116, this property is part of the Junction neighborhood and Seattle market.
Contact Listing Broker
Ryan Downing
Capstone Commercial