3262 California Avenue SW Seattle, WA $ 3,225,000
3262 California Avenue SW
$ 3,225,000
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3262 California Avenue SW

Seattle, WA, 98116
$ 3,225,000
Baths0.0 Sq 7,322

Monthly Estimate*

$ 20,120

Listed by Pacific Crest
3262 California Avenue SW, Seattle, WA 98116 - Image 1
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Studio

Multi-Family Home for sale in Seattle, WA

for $3,225,000. This 7,322 square foot home was built in 1958 on a lot size of 0.1286.

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.

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Multi-Family Active

Price

$ 3,225,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 21,790

Style

10+ Units

Lot Size

0.1286

Year Built

1958

Town/City

Seattle

County/Region

King

MLS | Web ID

2428757

Features
General
Living Area 0
Sewer Sewer Connected
Heating Wall Unit(s)
Cooling None
Possession Closing
Roof Torch Down
HOA Fee 0
Security Features Security Gate
Year Built 1958
Property Subtype Multi Family
Tax Year 2024
County King
Net Operating Income 179911
Insurance Expense 10459
New Construction N
Property Type Residential Income
HOA N
Subdivision Name Admiral
Possible Use Commercial
Special Listing Conditions None
Status Active
Directions Take 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
High School West Seattle High
City Seattle
Senior Community Y/N N
High School District Seattle
Zoning Description Commercial
Open Parking Spaces 0
Number Of Units Total 11
MLS Area 140 - West Seattle
Lot Size Units Square Feet
Lot Size Square Feet 5600
Carport Spaces 4
Carport Y/N N
Listing Terms Owner Financing
Elementary School Lafayette
Tax Annual Amount 21790
Electric Expense 1348
Fuel Expense 0
Middle/Junior High School Madison Mid
Property Condition Average
Public Remarks 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 lo
Leasable Area 7300
Structure Type Multi Family
Building Area Units Square Feet
Standard Status Active
Amenities Coin Op Laundry Storage
Water Company Seattle Public Utilities
Units Below Grade false
Units In Building Total 10
Water Sewer Garbage 7007
Property Style 56 - 10+ Units
Cap Rate 5.56
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Exterior
Exterior Amenities Brick
Lot Features Curbs Paved Sidewalk Value In Land
Water Source Community
Total Parking 4
Building Area Total 7322
Lot Size Acres 0.1286
Waterfront Y/N N
Covered Spaces 0
Irrigation Water Rights Y/N N
Site Features Gated Entry High Speed Internet
Parking Uncovered Spaces 0
Lot Number 5-6
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Interior
Total Fireplaces 0
Total Stories 2
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Power Production Type Electric
Baths Three Quarter Upper 0
Bedrooms Upper 0
Baths Half Upper 0
Baths Full Upper 0
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Internal Only
OriginalMLSID NWM2428757
Street Number 1 3262
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* Excluded Features
List By
Alan Wileman

Listing Agent

Pacific Crest

Broker

Affordability Calculator

$21,936
Per Month
92%
8%
0%
Monthly Principal & Interest
$20,120
Monthly Property Taxes
$1,816
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
257807 Elementary School
257570 Middle School
West Seattle High High School
Pricing History
DatePricePrice ChangeDescription
11/14/2025$3,225,000 -7.73% Price Down
9/9/2025$3,495,000 Listed Price

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3262 California Avenue SW, Seattle, WA, 98116 is a Multi-Family Home for sale at $3,225,000 with 7,322 sqft and a lot size of 0.1286. 3262 California Avenue SW is a studio with 0.0 baths and was built in 1958. The property's zip code is 98116 which is in Seattle, WA