4051 Letitia Avenue South

4051 Letitia Avenue South

Seattle, WA 98118

$1,250,000
Price
4
Beds
4
Baths
2,890 Sq. Ft.
$433 / Sq. Ft.
2,890
Sq. Ft.
$433
per Sq. Ft.
a view of house with backyard
a front view of a house with street
a view of outdoor house with wooden fence
a view of a garden with a house
a view of an house with backyard and garden
a view of a yard
a view of a house with a patio
a view of a door and wooden floor
a view of front door
a view of a balcony with wooden fence and floor
an aerial view of a house with a yard
an aerial view of a house
an aerial view of a city
an aerial view of a houses
an empty room with windows
a view of an empty room with a window and fireplace
a view of an empty room with a window
a large kitchen with a wooden floor and stainless steel appliances
a kitchen with stainless steel appliances granite countertop a stove a sink and a refrigerator
a view of a room with wooden floor and bathroom
a view of an empty room
an empty room with a window
an empty room with a door
a view of a window in a room
a bathroom with a sink and a mirror
Listing provided courtesy of Keller Williams North Seattle

Description

Prime Columbia City opportunity on a quiet residential street for investors and developers - a rare find in Seattle's real estate market! Double lot with mountain views, zoned LR2. So many options - separate the lots to sell or build on one, and keep the existing rentals on the other. Current rental income $4,640/mo from two 2-bedroom units, each with a garage. Addl potential with an unfinished third unit. Hot location with several new townhome developments in the neighborhood! Extra bonus: Seller...Prime Columbia City opportunity on a quiet residential street for investors and developers - a rare find in Seattle's real estate market! Double lot with mountain views, zoned LR2. So many options - separate the lots to sell or build on one, and keep the existing rentals on the other. Current rental income $4,640/mo from two 2-bedroom units, each with a garage. Addl potential with an unfinished third unit. Hot location with several new townhome developments in the neighborhood! Extra bonus: Seller has ready plans for a five townhome development, Buyer to confirm and update as required by the City. Excellent location near all the amenities a city neighborhood has to offer. Quick access to public transit and highways, minutes from downtown.
  1. Listed by Pia VanHanen • Keller Williams North Seattle

Property Details for 4051 Letitia Avenue South

Community Name
Columbia City
School District
Seattle
View
Mountain(s), Territorial
Number of Assigned Spaces
4
Total Covered Parking
2
Entry Date
01-24-2024
Energy Source
Natural Gas
Sewer
Sewer Connected

Location

Listing Courtesy of Keller Williams North Seattle
Add your commute
LISTING UPDATED: 02/26/2024 02:50 PM

Property Details for 4051 Letitia Avenue South

StatusActive
MLS #2193473
Days on Market97
Cumulative Days on Market120
Taxes$7,926 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1908
Lot Size0.16 AC / 7,000 SF
CountyKing County

Location

Listing Courtesy of Keller Williams North Seattle
Add your commute

Building Information for 4051 Letitia Avenue South

Stories3Residences3Year Built1908Building Size-Lot Size0.16 AC / 7,000 SF

Payment Calculator

$7,482 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$661

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4051 Letitia Avenue South

Summary
Location and General Information
  • Style: 53 - Tri-plex
  • Site Features: Deck, High Speed Internet
  • Area: 380 - Southeast Seattle
  • Block: 11
  • Elementary School: John Muir
  • Middle Or Junior School: Wash Mid
  • High School: Franklin High
  • Effective Year Built Source: Public Records
  • Directions: Follow GPS to 4051 Letitia, property is on the west/hill side. Walk up public staircase to entrance of middle floor unit. Alternate access via alley between Letitia & 34th Ave S, park at property.
  • Leased Items: None
  • Property Sub Type: MULT
  • View: Yes
  • Waterfront: No
Taxes and HOA Information
  • Tax Year: 2023
Parking
  • Number of Carport Spaces: 0.0
  • Carport: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
Interior and Exterior Features
Interior Features
  • Floor Covering: Ceramic Tile, Laminate, Vinyl, Carpet
  • Features: Ceramic Tile, Laminate, Wall to Wall Carpet
  • Cooling: No
  • Cooling: None
  • Fireplace: No
  • Heating: Yes
  • Heating: Forced Air
  • FIRPTA: No
Exterior Features
  • Exterior: Wood, Wood Products
  • Roof: Composition
Property
Utilities
  • Water Source: Public
  • Water/Sewer/Garbage: 0
  • Power Company: Seattle City Light
  • Sewer Company: SPU
  • Water Company: SPU
  • Power Production Type: Natural Gas
Property and Assessments
  • New Construction YN: No
  • Zoning Jurisdiction: City
  • Foundation: Poured Concrete
  • Zoning Class: Multi-Family,Residential
  • First Right Of Refusal: false
  • Possible Use: Multi-Family, Residential
  • MLS Square Footage Source: Realist
  • Preliminary Title Ordered: Yes
  • Senior Community: No
  • Special Listing Conditions: None
  • Year Built Effective: 1980
  • Photos Count: 26
Lot Information
  • Lot Number: 17-18
  • Lot Size Source: Realist
  • Parcel Number Free Text: 1604601765
  • Building Condition: Average
  • Calculated Square Footage: 2890
  • Structure Type: Triplex
  • Square Footage Finished: 0
  • Square Footage Unfinished: 0
  • Building Area Total: 2890.0
  • Building Area Units: Square Feet
  • Property Type: Residential Income
  • Elevation Units: Feet
  • Irrigation Water Rights: No
Multi Family
Building Details
  • Number of Uncovered Spaces: 2
  • Number of Stories in Building: 3
  • Vacancy Rate: 0
  • Number Of Units Total: 3
  • Units Below Grade: false
  • Units In Building Total: 3
Financing / Income and Expenses
  • Electric Expense: $0
  • Total Expenses: 19114
  • Gross Adjusted Income: 0
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: $58,474
  • Insurance Expense: $1,250
  • Net Operating Income: $39,360
  • Other Expenses: $9,938
  • Total Monthly Income: 5187
  • Fuel Expense: $0
Unit 1
  • Name Unit 1: Top
  • Washer/Dryer Unit 1: true
  • Range/Oven Unit 1: true
  • Refrigerator Unit 1: true
  • Dishwasher Unit 1: true
  • Square Feet Unit 1: 1200
  • Rent Unit 1: $2,440.00
  • Bedrooms Unit 1: 2
  • Fireplaces Unit 1: 1
  • Bathrooms Unit 1: 2
Unit 2
  • Name Unit 2: Middle
  • Washer/Dryer Unit 2: true
  • Range/Oven Unit 2: true
  • Refrigerator Unit 2: true
  • Dishwasher Unit 2: true
  • Square Feet Unit 2: 1200
  • Rent Unit 2: $2,200.00
  • Bedrooms Unit 2: 2
  • Fireplaces Unit 2: 1
  • Bathrooms Unit 2: 2
Unit 3
  • Name Unit 3: Lower
  • Washer/Dryer Unit 3: false
  • Range/Oven Unit 3: false
  • Refrigerator Unit 3: false
  • Dishwasher Unit 3: false
  • Square Feet Unit 3: 490
  • Rent Unit 3: $.00
  • Bedrooms Unit 3: 0
  • Bathrooms Unit 3: 0
Rental
Rent Information
  • Occupant Type: Vacant
  • Leasable Area: 2890.0
  • Leasable Area Units: Square Feet

Property History for 4051 Letitia Avenue South

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 4051 Letitia Avenue South

Taxable ValueLand$870,000Additions$1,000Total$871,000
Tax Record2022$7,927 ($661 / month)
Home Facts
Baths3Total Finished SqFt3,380 SqFtAbove Ground SqFt2,890 SqFtFinished Basement SqFt490 SqFtStories2Lot Size7,000 SqFtStyleTriplexYear Built1908ZoningLR2 (M)CountyKINGAPN160460-1765

Schools near 4051 Letitia Avenue South

This home is within Seattle Public Schools.
Rating
School
Type
Grades
Distance
John Muir Elementary School
Public - K to 5
Washington Middle School
Public - 6 to 8
Franklin High School
Public - 9 to 12
Interagency Open Doors
Public - 9 to 12
Rating
School
Distance
John Muir Elementary School
PublicK to 5

Washington Middle School
Public6 to 8

Franklin High School
Public9 to 12

Interagency Open Doors
Public9 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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More information about 4051 Letitia Avenue South, Seattle, WA 98118

4051 Letitia Avenue South is a multi-family home for sale in Seattle, WA 98118. This property was listed for sale on January 24, 2024 by Keller Williams North Seattle, it's currently listed at $1,250,000. It has been on the market for a total of 97 days and was last sold on May 29, 2017. This listing's school district is Seattle Public Schools. Nearby schools include John Muir Elementary School, Washington Middle School and Franklin High School. 4051 Letitia Avenue South is a 4-bed, 4-bath, 2,890 sqft multi-family home built in 1908.

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 Keller Williams North 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.