28426 16th Ave S
Federal Way WA 98003-3154
Soundview II Apartments
28426 16th Ave S Federal Way WA 98003-3154
Listing #: 711412 | Status: Available | Last Modified: 4/14/2026 |
For Sale
- Phone:(425) 269-3826
- Email:steven.chattin@berkadia.com
- Office Name:Berkadia Real Estate Advisors, LLC
- Office Phone:(206) 521-7220
- Office Website:
- Agent Phone:(425) 891-9594
- Agent Email:mitchell.belcher@berkadia.com
- Agent Phone:(206) 999-3206
- Agent Email:jay.timpani@berkadia.com
- Agent Phone:(206) 484-8114
- Agent Email:brandon.lawler@berkadia.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 1,700,000.0
- $/Unit$ 1,700,000.0
- Listing StatusAvailable
- Days on Market20
- Asset ClassMulti-Family
- Terms
- CondoYes
- Condo $/SF242
- Condo SF7,023
- Condo Parcel #
- Condo Fees
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 5.89 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Building StatusExisting
- # of Buildings1
- # of Floors3
- # of Units6
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF7776
- Net Rentable Area7023
- Total Office SF
- Largest Contiguous SF
- Lot SF14736
- Acres0.34
- Property TypeMulti-Family
- Office Type
- InvestmentYes
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second AddressUnits 1-6
- Cross Street272 nd St.
- Market AreaKent
- Tax ID #7876210000
- Additional Parcels7876210020, 7876210030, 7876210040, 7876210050, 7876210060
- ZoningRM1800
- # Covered Spaces6
- # Uncovered Spaces6
- Total Parking Spots12
- Parking Ratio
- Year Built1978
- Year Renovated2001
- Completion Date
- Roof TypeComp
- Construction TypeWood
Soundview II Apartments
Soundview II Apartments is a six-unit, condo-style multifamily asset nestled in Federal Way's Redondo neighborhood — a quiet, amenity-rich pocket of the city with direct access to Redondo Beach Park, Dash Point State Park, and I-5. The December 2025 opening of the Federal Way Link Extension places residents just minutes from Downtown Seattle and Seattle-Tacoma International Airport via light rail while preserving the affordability and quality of life that define Federal Way's appeal. With effective rents running $300–$500/month below Seattle's average, Federal Way continues to attract cost-conscious renters priced out of the urban core. With development moratoriums limiting new supply, demand has nowhere to go but into existing, well-located properties like Soundview II, making this an inc
6-unit condo building. All units 1224 SF 2 /1.5, fireplace. This modern building sits above Redondo with Puget Sound views from upper floors. Remodeled with customized cabinets, all stainless-steel appliances, slab granite counters and cherry hardwood flo
Condo