1045 Southwest 122nd Street

Burien, WA 98146

$2,977,000
Last Sold Price
31
Beds
16
Baths
15,808 Sq. Ft.
$188 / Sq. Ft.
15,808
Sq. Ft.
$188
per Sq. Ft.

Description

Amazing property. 17 units 5 separate buildings on a huge 1.44 acre lot. Additional building sites that the owner had permitted in the past. Please see attachments. Buyer to verify. Unit info is for each individual building. Please see rent roll attachment for individual unit info. New steam boiler in building 1035. Good long term tenants.Amazing property. 17 units 5 separate buildings on a huge 1.44 acre lot. Additional building sites that the owner had permitted in the past. Please see attachments. Buyer to verify. Unit info is for each individual building. Please see rent roll attachment for individual unit info. New steam boiler in building 1035. Good long term tenants.
  1. Listed by Joseph J. Sacco • John L Scott RE West Seattle

Property Details for 1045 Southwest 122nd Street

Community Name
North Burien
School District
Highline
View
Territorial
Number of Assigned Spaces
27
Total Covered Parking
3
Entry Date
12-15-2022
Energy Source
Electric,Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of John L Scott RE West Seattle

Sold By Kidder Mathews

Add your commute
LISTING UPDATED: 07/18/2023 11:38 AM

Property Details for 1045 Southwest 122nd Street

StatusSold
MLS #2022397
Days on Market98
Cumulative Days on Market339
Taxes$40,466 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1979
Lot Size1.45 AC / 62,950 SF
CountyKing County

Location

Listing Courtesy of John L Scott RE West Seattle

Sold By Kidder Mathews

Add your commute

Building Information for 1045 Southwest 122nd Street

Stories2Residences5Year Built1979Building Size-Lot Size1.45 AC / 62,950 SF

Payment Calculator

$19,619 per month

30 year fixed, 7.25% Interest

Principal and Interest

$16,247

Property Taxes

$3,372

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1045 Southwest 122nd Street

Summary
Location and General Information
  • Style: 56 - 10+ Units
  • Site Features: Fenced-Fully, Gas Available, Outbuildings
  • Area: 130 - Burien/Normandy Park
  • Elementary School: Salmon Creek Elementary
  • Middle Or Junior School: Cascade Mid
  • High School: Evergreen High
  • Effective Year Built Source: Public Records
  • Directions: From Ambaum Blvd SW go East on SW 122nd entrance on the South side of street.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 1.0
  • Carport: No
  • Open Parking Spaces: 24.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Furnished: Unfurnished
  • Floor Covering: Vinyl, Carpet
  • Features: Hot Water Recirc Pump, Radiator, Wall to Wall Carpet
  • Amenities: Coin Op Laundry,Storage
  • Cooling: Yes
  • Fireplace: No
  • Heating: Yes
  • FIRPTA: No
Exterior Features
  • Exterior: Stucco, Wood
  • Roof: Composition
Property
Utilities
  • Water Source: Community
  • Water/Sewer/Garbage: 26581
  • Power Company: Seattle
  • Sewer Company: SW Suburban
  • Water Company: Seattle
  • Power Production Type: Electric, Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family
  • First Right Of Refusal: false
  • Possible Use: Multi-Family
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1996
  • Photos Count: 8
Lot Information
  • Lot Details: Adjacent to Public Land, Curbs, Paved
  • Lot Size Source: Realist
  • Parcel Number Free Text: 3744600340
  • Building Condition: Average
  • Calculated Square Footage: 15808
  • Structure Type: Multi Family
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 15808.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 24
  • Number of Stories in Building: 2
  • Vacancy Rate: 2
  • Number Of Units Total: 5
  • Units Below Grade: true
  • Units In Building Total: 17
Financing / Income and Expenses
  • Electric Expense: $2,107
  • Total Expenses: 95159
  • Gross Adjusted Income: 267246
  • Gross Rent Multiplier: 13.2
  • Gross Scheduled Income: $272,700
  • Insurance Expense: $8,400
  • Net Operating Income: $177,504
  • Other Expenses: $17,605
  • Total Monthly Income: 22480
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: 1031
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 2300
  • Rent Unit 1: $4,220.00
  • Bedrooms Unit 1: 6
  • Bathrooms Unit 1: 3
Unit 2
  • Name Unit 2: 1035
  • Washer/Dryer Unit 2: false
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: false
  • Square Feet Unit 2: 2300
  • Rent Unit 2: $4,530.00
  • Bedrooms Unit 2: 5
  • Bathrooms Unit 2: 3
Unit 3
  • Name Unit 3: 1041
  • Washer/Dryer Unit 3: true
  • Range/Oven Unit 3: true
  • Refrigerator Unit 3: true
  • Dishwasher Unit 3: true
  • Square Feet Unit 3: 1800
  • Rent Unit 3: $4,425.00
  • Bedrooms Unit 3: 6
  • Bathrooms Unit 3: 3
Unit 4
  • Name Unit 4: 1043
  • Washer/Dryer Unit 4: true
  • Range/Oven Unit 4: true
  • Refrigerator Unit 4: true
  • Dishwasher Unit 4: true
  • Square Feet Unit 4: 1800
  • Rent Unit 4: $4,075.00
  • Bedrooms Unit 4: 6
  • Bathrooms Unit 4: 3
Unit 5
  • Name Unit 5: 1045
  • Washer/Dryer Unit 5: false
  • Range/Oven Unit 5: true
  • Refrigerator Unit 5: true
  • Dishwasher Unit 5: true
  • Square Feet Unit 5: 2200
  • Rent Unit 5: $5,250.00
  • Bedrooms Unit 5: 8
  • Bathrooms Unit 5: 4
Rental
Rent Information
  • Occupant Type: Tenant
  • Leasable Area: 15808.0
  • Leasable Area Units: Square Feet

Property History for 1045 Southwest 122nd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1045 Southwest 122nd Street

Taxable ValueLand$881,300Additions$2,832,700Total$3,714,000
Tax Record2022$40,467 ($3,372 / month)
Home Facts
Total Finished SqFt15,810 SqFtAbove Ground SqFt15,810 SqFtStories2Lot Size62,950 SqFtStyleMulti-Family Dwelling (2-4)Year Built1972Year Renovated1996ZoningRM-18CountyKINGAPN374460-0340Fireplace TypeHas Fireplace

Schools near 1045 Southwest 122nd Street

This home is within Highline School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 10 to 12
Rating
School
Distance
Hazel Valley Elementary School
PublicPK to 5

Cascade Middle School
Public6 to 8

Highline High School
Public9 to 12

Gateway To College
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of John L Scott RE West Seattle

Listing provided courtesy of NWMLS, RMLS or Yakima MLS. The information contained in this listing has not been verified by Compass or the MLS and should be verified by the buyer. The DOM value represents the number of days this listing has been Active on this website.