Listed by Skyline Properties, Inc.
$10,400,000

12300 Ambaum Blvd SW Unit 1-52 Seattle, WA 98146

White Center Neighborhood

Estimated payment $65,204/month

Total Views 4,878
6 Beds
6 Baths
33,592 Sq Ft
$310 Price per Sq Ft

Highlights

  • City View
  • Deck
  • No HOA
  • 1.15 Acre Lot
  • Wood Flooring
  • Patio

About This Home

Ambaum Place I & II,luxury meets growth potential.In-place cap rate of 5.6%,Market Cap 6.3%-room to Increase your revenue,Constructed in 2014 & 2018.52 units,6 floor plans,20 studios, 12 one-bedroom/one-bath units, 17 two-bedroom/two-bath units, and 3 three-bedroom/two-bath units,double- or triple-pane windows, LED Lighting,in-unit laundry,private balconies or patios in Ambaum Place II,62 parking spaces. Both buildings must be purchased together, yet they offer the flexibility of separate financing options,Controlled Access,Fitness Center & play ground,picnic area, plus 2-500-SF office spaces.10 minutes from the Sea-Tac airport,minutes to 509,I5,90,and 405,connected to link light rail and sounder commuter rail,20 minutes to seattle.

Listing Agent

Donna Marshall

Skyline Properties, Inc. License #111216 Listed on: 08/12/2025

Skyline Properties, Inc.

Co-Listing Agent

Dan Swanson

Kidder Mathews License #13533

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2419486

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $120,782

Year Built

  • Built in 2014

Lot Details

  • 1.15 Acre Lot
  • Sprinkler System
  • 3744600334
  • Property is in very good condition

Property Views

  • City
  • Territorial

Home Design

  • Poured Concrete
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 33,592 Sq Ft Home
  • 3-Story Property

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 62 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating System
  • Heating System Mounted To A Wall or Window
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Burien Subdivision

Listing and Financial Details

  • Assessor Parcel Number 3744600333

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$120,782

Year Built

Built in 2014

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 2014
  • MLS Status: Active
  • Prev Status: Active
  • New Construction: No
  • CalculatedSquareFootage: 33592
  • EffectiveYearBuiltSource: Public Records
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 6
  • Fireplace: No
  • Flooring: Hardwood, Laminate, Carpet
  • Stories: 3
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Fire Sprinklers,Playground,See Remarks,Storage

Exterior Features

  • Roof: Composition
  • View: City, Territorial
  • Lot Features: Curbs, Paved
  • View: Yes
  • Waterfront: No
  • Construction Type: Wood
  • Exterior Features: Wood
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: Multi Family

Garage/Parking

  • Carport Y N: No
  • Open Parking Spaces: 62
  • Open Parking: Yes
  • Total Parking Spaces: 62
  • ParkingUncoveredSpaces: 62

Utilities

  • Sewer: Sewer Connected
  • Water Source: Public
  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Wall Unit(s)
  • Heating Yn: Yes
  • SewerCompany: City of Seattle
  • WaterCompany: City of Seattle
  • WaterSewerGarbage: 92562

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Highline
  • High School: Buyer To Verify
  • Middle Or Junior School: Buyer To Verify

Lot Info

  • Parcel Number: 3744600333
  • Lot Size Acres: 1.1501
  • Lot Size Sq Ft: 50100
  • Additional Parcels Description: 3744600334
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,Patio,Sprinkler System
  • MLSLotSizeSource: Assesor
  • MLSSquareFootageSource: realist
  • ZoningJurisdiction: City

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10
  • LeasedItems: None
  • TotalMonthlyIncome: 86527

Multi Family

  • Gross Scheduled Income: 1039318
  • Net Operating Income: 584374
  • Number Of Units Total: 4
  • Insurance Expense: 13392
  • Leasable Area: 33592
  • EnergySource: Electric
  • UnitsInBuildingTotal: 52
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2025
  • Tax Annual Amount: 120782

MLS Schools

  • Elementary School: Buyer To Verify

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/12/2025 08/12/25 For Sale $10,400,000 -- $310 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2419486

Northwest Multiple Listing Service (NWMLS)