Seattle, WA 98116 3262 California Avenue SW
$3,495,000
14 more
Presented By: Pacific Crest and NWMLS
- MLS# 2428757
- 09/09/2025
Disclaimer: The information contained in this listing has not been verified by kvCORE WordPress Staging and should be verified by the buyer.
SQFT • 7,322
Home Details
SELLER FINANCING AVAILABLE!! Acadia Apartments is a well-maintained 10-unit apartment building that also includes an income producing rooftop cell tower leased to T-Mobile. The property is ideally located at 3262 California Avenue SW in Seattle, strategically positioned between the Admiral and Alaska Junctions in the West Seattle submarket. The property presents a significant value-add opportunity for a new investor to complete the remaining unit renovations and increase rents to capture additional income. With its prime location, renovation potential, and unique income stream, the Acadia Apartments represent a premier opportunity for an investor to acquire a solid asset in one of Seattle’s most resilient and desirable neighborhoods.
Presented By: Pacific Crest and NWMLS
Interior Features for 3262 California Avenue SW
Bedrooms
Bedrooms Upper
Bathrooms
Baths Full Upper0
Baths Half Upper
Baths Three Quarter Upper
Other Interior Features
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
Power Production TypeElectric
Total Fireplaces
Total Stories2
General for 3262 California Avenue SW
AmenitiesCoin Op Laundry, Storage
Building Area UnitsSquare Feet
Cap Rate5.04
Carport Spaces4
Carport Y/NNo
CitySeattle
CoolingNone
CountyKing
DirectionsTake Western Ave W, Elliott Ave and Alaskan Wy to Alaskan Way S; Drive along Hwy 99 S/WA-99 S and W Seattle Brg; Follow SW Dakota St to California Ave SW; Turn right onto California Ave SW
Electric Expense1716
Elementary SchoolLafayette
Fuel Expense
HOANo
HOA Fee$
HeatingWall Unit(s)
High SchoolWest Seattle High
High School DistrictSeattle
Insurance Expense10459
Leasable Area7300
Listing TermsOwner Financing
Lot Size Square Feet5600
Lot Size UnitsSquare Feet
MLS Area140 – West Seattle
Middle/Junior High SchoolMadison Mid
ModificationTimestamp2025-09-09T18:01:10.690Z
NWM_ShowMapLinkY
Net Operating Income176206
New ConstructionNo
Number Of Units Total11
Open Parking Spaces0
PossessionClosing
Possible UseCommercial
Property ConditionAverage
Property Style56 – 10+ Units
Property SubtypeMulti Family
Property TypeResidential Income
Public RemarksSELLER FINANCING AVAILABLE!! Acadia Apartments is a well-maintained 10-unit apartment building that also includes an income producing rooftop cell tower leased to T-Mobile. The property is ideally lo
RoofTorch Down
Security FeaturesSecurity Gate
Senior Community Y/NNo
SewerSewer Connected
Special Listing ConditionsNone
Standard StatusActive
StatusActive
Structure TypeMulti Family
Subdivision NameAdmiral
Tax Annual Amount22025
Tax Year2024
Units Below Gradefalse
Units In Building Total10
Water CompanySeattle Public Utilities
Water Sewer Garbage8193
Year Built1958
Zoning DescriptionCommercial
Exterior for 3262 California Avenue SW
Building Area Total7322
Covered Spaces
Exterior AmenitiesBrick
Irrigation Water Rights Y/NNo
Lot FeaturesCurbs, Paved, Sidewalk, Value In Land
Lot Number5-6
Lot Size Acres0.1286
Parking Uncovered Spaces0
Site FeaturesGated Entry, High Speed Internet
Total Parking4
Water SourceCommunity
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
West Seattle High
Middle School
Madison Mid
Elementary School
Lafayette Elementary School
Josh QA1
REALTOR ® SRES ®