1124 Lakeview Boulevard East
1124 Lakeview Boulevard East
Seattle, WA 98102
$1,200,000
Last Sold Price
4
Beds
4
Baths
2,188 Sq. Ft.
$548 / Sq. Ft.
2,188
Sq. Ft.
$548
per Sq. Ft.
Sold 12/14/20
Sold 12/14/20
Listing provided courtesy of Venture Real Estate Group LLC
Description
Landmark property overlooking Downtown, Lake Union, and Gas Works Park. High ceilings, desirable 1 bed 1 bath units w/ hardwood floors, natural light and views from each unit. Great opportunity for owner-occupied investment in the heart of the city, renovate plus basement expansion to maximize income and collect rents while permitting. Rental upside w/ Airbnb. New roof 2015, new sewer main 2007. Value in land for future redevelopment LR2 zoning. Marketing packet in NWMLS supplements.Landmark property overlooking Downtown, Lake Union, and Gas Works Park. High ceilings, desirable 1 bed 1 bath units w/ hardwood floors, natural light and views from each unit. Great opportunity for owner-occupied investment in the heart of the city, renovate plus basement expansion to maximize income and collect rents while permitting. Rental upside w/ Airbnb. New roof 2015, new sewer main 2007. Value in land for future redevelopment LR2 zoning. Marketing packet in NWMLS supplements.
- Listed by Andrew P. Langsford • Venture Real Estate Group LLC
- Listed by John Belbayev • Venture Real Estate Group LLC
Property Details for 1124 Lakeview Boulevard East
Community Name
Capitol Hill
School DistrictSeattle
ViewCity, Lake, Mountain(s), Territorial
Number of Assigned Spaces0
Total Covered Parking0
Entry Date10-04-2019
SewerSewer Connected
Location
Listing Courtesy of Venture Real Estate Group LLC![]()
Sold By Venture Real Estate Group LLC
Add your commute
LISTING UPDATED: 03/26/2021 02:27 PM
Property Details for 1124 Lakeview Boulevard East
| Status | Sold |
|---|---|
| MLS # | 1527186 |
| Days on Market | 387 |
| Cumulative Days on Market | 1521 |
| Taxes | $9,816 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1912 |
| Lot Size | 0.09 AC / 3,744 SF |
| County | King County |
Location
Listing Courtesy of Venture Real Estate Group LLC![]()
Sold By Venture Real Estate Group LLC
Add your commute
Building Information for 1124 Lakeview Boulevard East
Stories2Residences4Year Built1912Building Size-Lot Size0.09 AC / 3,744 SF
Payment Calculator
$7,367 per month
30 year fixed, 7.25% Interest
Principal and Interest
$6,549
Property Taxes
$818
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
Property Information for 1124 Lakeview Boulevard East
Summary
Location and General Information
- Style: 54 - 4-Plex
- Site Features: Cable TV, Deck
- Area: 390 - Central Seattle
- Elementary School: Lowell
- Middle Or Junior School: Meany Mid
- High School: Garfield High
- Effective Year Built Source: Public Records
- Directions: I-5 N, Exit 168A Lakeview Blvd. R onto Lakeview Blvd E. Property will be on left. I-5 S, Exit 168A Boylston Ave toward Roanoke St. Take slight left onto Lakeview Blvd E. Property will be on left.
- Leased Items: None
- Property Sub Type: MULT
- View: Yes
- Waterfront: No
Taxes and HOA Information
- Tax Year: 2019
Parking
- Number of Carport Spaces: 0.0
- Carport: No
- Open Parking Spaces: 0.0
- Open Parking: No
Interior and Exterior Features
Interior Features
- Furnished: Unfurnished
- Floor Covering: Hardwood
- Amenities: Basement,Coin Op Laundry,Storage
- Fireplace: No
- Heating: Yes
- FIRPTA: No
Exterior Features
- Exterior: Stucco
- Roof: Flat, Torch Down
Property
Utilities
- Electric On Property: No
- Heating and Cooling: Baseboard
- Water Source: Public
- Water/Sewer/Garbage: 3774
- Power Company: Seattle
- Sewer Company: Seattle
- Water Company: Seattle
- Power Production Type: Electric
- Utilities: Cable Connected, Sewer Connected, Electricity Available
Property and Assessments
- New Construction YN: No
- Zoning Jurisdiction: County
- Zoning Class: Multi-Family
- Possible Use: Multi-Family
- Preliminary Title Ordered: Yes
- Special Listing Conditions: None
- Year Built Effective: 1989
- Photos Count: 25
Lot Information
- Lot Details: Curbs, Paved, Sidewalk
- Lot Size Source: Realist
- Parcel Number Free Text: 2163901390
- Building Condition: Good
- Calculated Square Footage: 2188
- Structure Type: Quadruplex
- Square Footage Finished: 0
- Square Footage Unfinished: 0
- Building Area Total: 2188.0
- Building Area Units: Square Feet
- Property Type: Residential Income
- Elevation Units: Feet
- Irrigation Water Rights: No
Multi Family
Building Details
- Number of Uncovered Spaces: 0
- Number of Stories in Building: 2
- Vacancy Rate: 3
- Number Of Units Total: 4
- Units Below Grade: false
- Units In Building Total: 4
Financing / Income and Expenses
- Electric Expense: $83
- Total Expenses: 18697
- Gross Adjusted Income: 90326
- Gross Rent Multiplier: 15
- Gross Scheduled Income: $93,120
- Insurance Expense: $1,437
- Net Operating Income: $71,629
- Other Expenses: $3,500
- Total Monthly Income: 7484
- Fuel Expense: $83
Unit 1
- Name Unit 1: 1
- Washer/Dryer Unit 1: false
- Range/Oven Unit 1: true
- Refrigerator Unit 1: true
- Dishwasher Unit 1: false
- Square Feet Unit 1: 680
- Rent Unit 1: $1,855.00
- Bedrooms Unit 1: 1
- Fireplaces Unit 1: 0
- Bathrooms Unit 1: 1
Unit 2
- Name Unit 2: 2
- Washer/Dryer Unit 2: false
- Range/Oven Unit 2: true
- Refrigerator Unit 2: true
- Dishwasher Unit 2: false
- Square Feet Unit 2: 680
- Rent Unit 2: $1,855.00
- Bedrooms Unit 2: 1
- Fireplaces Unit 2: 0
- Bathrooms Unit 2: 1
Unit 3
- Name Unit 3: 4
- Washer/Dryer Unit 3: false
- Range/Oven Unit 3: true
- Refrigerator Unit 3: true
- Dishwasher Unit 3: false
- Square Feet Unit 3: 680
- Rent Unit 3: $1,875.00
- Bedrooms Unit 3: 1
- Fireplaces Unit 3: 0
- Bathrooms Unit 3: 1
Unit 4
- Name Unit 4: 3
- Washer/Dryer Unit 4: false
- Range/Oven Unit 4: true
- Refrigerator Unit 4: true
- Dishwasher Unit 4: false
- Square Feet Unit 4: 680
- Rent Unit 4: $1,875.00
- Bedrooms Unit 4: 1
- Fireplaces Unit 4: 0
- Bathrooms Unit 4: 1
Rental
Rent Information
- Occupant Type: Tenant
- Leasable Area: 3454.0
- Leasable Area Units: Square Feet
Property History for 1124 Lakeview Boulevard East
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1124 Lakeview Boulevard East
Taxable ValueLand$748,800Additions$520,200Total$1,269,000
Tax Record2022$10,769 ($897 / month)
Home Facts
Total Finished SqFt2,188 SqFtAbove Ground SqFt2,188 SqFtStories2Lot Size3,744 SqFtStyleMulti-Family Dwelling (2-4)Year Built1912Year Renovated1992ZoningLR2 (M)CountyKINGAPN216390-1390
Schools near 1124 Lakeview Boulevard East
This home is within Seattle Public Schools.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 12 |
Rating | School | Distance |
|---|---|---|
Lowell Elementary School PublicPK to 5 | ||
Edmonds S. Meany Middle School Public6 to 8 | ||
Garfield High School Public9 to 12 | ||
Hutch School PublicPK 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 Venture Real Estate Group LLC
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.