Lorraine Apartments

Multi-Family

5630 California Ave SW, SeattleWA 98136

Property Details

Location

Address
5630 California Ave SW, SeattleWA 98136
County
King
Submarket
CBA West Seattle
Parcels
2461900890

Building Size

Building Size
15,405 SF
Residential Space
15,405 SF
Rentable Space
15,405 SF

Building Details

Type
 Multi-Family
Number of Buildings
1
Number of Units
20
Occupancy Type
Percent Occupied
Building Class
Building Status
Existing
Floors
3
Elevators
Not present
Year Built
1969
Sprinklers
No
Parking (Total Parking, Uncovered Parking)
21 , 20
Parking Ratio
Security System
No

Land & Utilities

Land (Acres)
0.34 Acres
Land (SF)
14,810 SF
Rail Service
No
Zoning
L-3 RC
Lot Depth
Lot Width

Contacts

Current Listings

Lorraine Apartments

$4,995,000
Cap Rate: 5.46%

The Lorraine Apartments was built in 1969 and features a mix of one and two bedroom apartments. The roof has recently been replaced, the common areas have all been renovated, and the exterior fascia and railings have all been repaired and painted. This property provides a new investor the opportunity to purchase an asset with positive cash flow and significant rental upside through interior upgrades. Tours available upon request Tax iD #: 2461900890

The Lorraine Apartments was built in 1969 and features a mix of one and two bedroom apartments. The roof has recently been replaced, the common areas have all been renovated, and the exterior fascia and railings have all been repaired and painted. This property provides a new investor the opportunity to purchase an asset with positive cash flow and significant rental upside through interior upgrades. Tours available upon request Tax iD #: 2461900890

View Details
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Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CBA

Source: Commercial Brokers Association (CBA)

More Information

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