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EOS Apartments 5631 California Ave SW 15 Unit Apartment Building $10,656,547 CAD ($710,436 CAD/Unit) 5.75% Cap Rate Seattle, WA 98136

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Investment Highlights

  • Turnkey mixed use asset inA+ West Seattle Junction location
  • 15 condo like residential units and 4 fully occupied retail spaces
  • 17 residential parking spaces + 8 retail
  • 5.75% in place CAP rate
  • Low maintenance 1980 construction
  • Under 20 minutes to downtown CBD

Executive Summary

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 5.75 percent cap rate, providing strong in place cash flow with long term value growth driven by transit-oriented development.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $612,514 $25.59

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $612,514
Annual Per SF $25.59

Property Facts

Price $10,656,547 CAD
Price Per Unit $710,436 CAD
Sale Type Investment
Cap Rate 5.75%
Gross Rent Multiplier 12.12
No. Units 15
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Storefront Retail/Residential
Apartment Style Mid-Rise
Building Class C
Lot Size 0.34 AC
Building Size 23,932 SF
No. Stories 4
Year Built 1980
Parking Ratio 1.04/1,000 SF
Zoning LR3 RC (M)

Amenities

Site Amenities

  • On-Site Retail

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 1 $3,231 CAD 1,012
2+2 14 $3,697 CAD 1,012
Walk Score®
Very Walkable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
762570-1430
Land Assessment
$2,933,923 CAD (2024)
Improvements Assessment
$5,519,822 CAD (2024)
Total Assessment
$8,453,744 CAD (2024)
  • Listing ID: 39266390

  • Date on Market: 2026-01-30

  • Last Updated:

  • Address: 5631 California Ave SW, Seattle, WA 98136

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