West Seattle real estate: Building for sale in the “upzone” zone

January 17, 2009 10:53 am
|    Comments Off on West Seattle real estate: Building for sale in the “upzone” zone
 |   California Ave upzoning | West Seattle news

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That’s the Google Street View of the Shamrock apartment building, 3262 California SW. The half-century-old 10-unit building is the latest West Seattle apartment complex to go up for sale; asking price $1,495,000 according to this listing. We report most big real-estate listings no matter what, but this one’s particularly interesting because it’s in the area that’s been under review for “upzoning” for more than a year (archived WSB coverage here). This is mentioned in the flyer for the building, which reads in part:

This property may provide a buyer with a high quality building in an excellent location, the potential to increase below market rents, and potentially increase the density of the property with its new zoning of NC1- 40’ (final approval expected).

We haven’t checked lately on the status of the upzoning proposal (after repeated checks kept yielding answers with timeframes that never panned out) but will on Monday; its official city status page is here. Other new and notable multi-unit listings in West Seattle right now include the Limrock in the Admiral District (listing here) and the waterfront brick building on Beach Drive next to Weather Watch Park (listing here)

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