3453 California Avenue SW, Seattle, WA 98116

$850,000

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Listing courtesy of RSVP Brokers ERA.

List Price
$850,000
Status
ACTIVE
MLS#
2533557
Days on Market
42
Annual Tax Ammount
6453

Property Description

Located on West Seattle’s most sought-after corridor, California Ave SW- just south of the Admiral Junction. This mixed-use building features two street-facing commercial spaces, currently occupied by a nail salon and fitness studio, along with two one-bedroom, one-bath residential units situated off the rear alley, each with off-street parking. The property boasts a strong occupancy history thanks to its prime location near the shops, restaurants, parks, and amenities that make West Seattle such a desirable destination. Downtown Seattle is just a short commute away, further enhancing its appeal to both commercial and residential tenants. This is a rare opportunity to acquire a well-located mixed-use asset in one of Seattle’s most vibrant and highly sought-after neighborhoods, offering both immediate cash flow and long-term appreciation and development potential.

Additional Information

Community
West Seattle
Building Condition
Fair
Style
60 - Comm Bldg Und 10K
Year Built
1920
# of Assigned Spaces
4
Roof
Composition
Tax Year
2025
Potential Terms
Cash, Conventional
Flooring
Engineered Hardwood, Carpet
Driving Directions
Follow GPS instructions. Located at 3453 California Ave SW. West side of Street between Hind Street and Spokane Street. Commercial business on street side are Infinity Nails and Opus Movement.
Electric Expenses
790
Energy Source
Electric
Net Operating Income
$50,744
Gross Adjusted Income
$70,800
Gross Scheduled Income
$70,800
Water/Sewer/Garbage Expenses
$4,934
Cap Rate
5.97
Vacancy Rate
100
Total Expenses
$20,056
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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