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3019 S Angeline St
Seattle, WA 98108
Columbia City Studios · Multifamily Property For Sale
·
89 Units
Investment Highlights
- Amenity-Rich Neighborhood: Perfect Mix of Amenities and Small-Town Feel Make it a Desirable and Top Performing South Seattle Submarket
- New Construction: 2025 Delivery Reduces Maintenance Costs, Insurance Risks and Near-Term Capital Expenditure Requirements
- Transit-Oriented Location: Situated Adjacent to the Columbia City Link Light Rail Station
- MFTE Property Tax Exemption: The property Participates in the Seattle MFTE Program Providing a Significant Reduction on Operating Cost
Executive Summary
The Lee & Associates Multifamily Team is proud to present Columbia City Studios, a newly constructed 89-unit multifamily asset completed in 2025 and ideally positioned within Seattle’s vibrant Columbia City neighborhood.
Located immediately adjacent to the Columbia City Link Light Rail Station, Columbia City Studios provides residents with exceptional connectivity to Downtown Seattle, Downtown Bellevue and Redmond on the Eastside, SeaTac Airport, and Lynnwood City Center to the north. This premier transit-oriented location supports rental demand from both professionals and service industry workers, seeking convenient, car-optional living with direct access to Seattle’s major employment centers.
Designed to meet the growing demand for efficient urban housing, the property features contemporary studio homes with modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, and expansive floor-to-ceiling windows that maximize natural light and create an open, modern living experience. Community amenities include secured bicycle storage, a fitness center, Amazon Hub lockers, coin-operated laundry facilities serving all floors, and an expansive landscaped courtyard overlooking the adjacent greenway, envisioned as the property’s “backyard oasis” for residents to gather, relax, and socialize.
Beyond the property itself, residents benefit from immediate walkability to Columbia City’s renowned retail and dining corridor, featuring neighborhood cafés, award-winning restaurants, grocery stores, boutique retail, parks, and everyday conveniences. Long celebrated for its eclectic character, cultural vibrancy, and neighborhood charm, Columbia City continues to attract significant residential investment fueled by expanding light rail infrastructure and increasing demand for walkable urban living in Southeast Seattle.
Columbia City Studios presents a compelling investment opportunity to acquire a high-quality, low-maintenance new construction asset with durable long-term fundamentals, institutional-quality transit access, and positioning within one of Seattle’s most desirable and rapidly evolving neighborhoods.
Located immediately adjacent to the Columbia City Link Light Rail Station, Columbia City Studios provides residents with exceptional connectivity to Downtown Seattle, Downtown Bellevue and Redmond on the Eastside, SeaTac Airport, and Lynnwood City Center to the north. This premier transit-oriented location supports rental demand from both professionals and service industry workers, seeking convenient, car-optional living with direct access to Seattle’s major employment centers.
Designed to meet the growing demand for efficient urban housing, the property features contemporary studio homes with modern finishes including quartz countertops, stainless steel appliances, vinyl plank flooring, and expansive floor-to-ceiling windows that maximize natural light and create an open, modern living experience. Community amenities include secured bicycle storage, a fitness center, Amazon Hub lockers, coin-operated laundry facilities serving all floors, and an expansive landscaped courtyard overlooking the adjacent greenway, envisioned as the property’s “backyard oasis” for residents to gather, relax, and socialize.
Beyond the property itself, residents benefit from immediate walkability to Columbia City’s renowned retail and dining corridor, featuring neighborhood cafés, award-winning restaurants, grocery stores, boutique retail, parks, and everyday conveniences. Long celebrated for its eclectic character, cultural vibrancy, and neighborhood charm, Columbia City continues to attract significant residential investment fueled by expanding light rail infrastructure and increasing demand for walkable urban living in Southeast Seattle.
Columbia City Studios presents a compelling investment opportunity to acquire a high-quality, low-maintenance new construction asset with durable long-term fundamentals, institutional-quality transit access, and positioning within one of Seattle’s most desirable and rapidly evolving neighborhoods.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 89 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 44,500 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 2025 |
| Zoning | LR3 (M1) | ||
| Sale Type | Investment |
| No. Units | 89 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 44,500 SF |
| No. Stories | 5 |
| Year Built | 2025 |
| Zoning | LR3 (M1) |
Amenities
Unit Amenities
- Microwave
- Kitchen
- Refrigerator
- Sprinkler System
- Stainless Steel Appliances
- Range
- Tub/Shower
- Freezer
- Vinyl Flooring
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Controlled Access
- Courtyard
- Fenced Lot
- Fitness Center
- Laundry Facilities
- Tenant Controlled HVAC
- Elevator
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 89 | $1,583 CAD | 266 |
Property Taxes
| Parcel Number | 212404-9279 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,091,365 CAD | Total Assessment | $2,091,365 CAD |
Property Taxes
Parcel Number
212404-9279
Land Assessment
$2,091,365 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,091,365 CAD
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