Listed by Westlake Associates, Inc.
$2,280,000
SOLD NOV 20, 2024
-- Bed
-- Bath
9,160 Sq Ft
0.34 Acres

Recently Sold

$249 Per Sq Ft

3% Below List Price

14 Days on Market

Highlights

  • Deck
  • Patio
  • Partially Fenced Property
  • No HOA
  • Baseboard Heating
  • 5-minute walk to Town Square Park

About This Home

As of November 2024

Seller Financing available to qualified buyer. The Crisjanic Apartments offer a prime value-add investment opportunity near downtown Burien. Built in 1961, this property features 1-bedroom and 2-bedroom units. Property is served with common laundry room, front courtyard, 10 carport parking spaces, and 4 open parking spaces. This is the first time Crisjanic has hit the market in over thirty years. Residents enjoy the convenience of being close to downtown Burien with all the service and businesses needed by most residents. Burien is a vibrant city known for its charming downtown area, beautiful parks, and strong sense of community. With its convenient location and growing appeal, Burien is an ideal place for both residents and investors.

Last Agent to Sell the Property

Matthew Moloney

Westlake Associates, Inc. License #22022737 Listed on: 09/26/2024

Co-Listed By

David Petersen

Westlake Associates, Inc. License #7352

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2295635

Northwest Multiple Listing Service (NWMLS)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,590

Year Built

  • Built in 1961

Lot Details

  • 0.34 Acre Lot
  • Partially Fenced Property

Home Design

  • Flat Roof Shape
  • Wood Composite

Interior Spaces

  • 9,160 Sq Ft Home
  • 2-Story Property

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • 14 Parking Spaces
  • Open Parking

Outdoor Features

  • Deck
  • Patio

Utilities

  • Baseboard Heating

Community Details

  • No Home Owners Association
  • Downtown Burien Subdivision

Listing and Financial Details

  • Assessor Parcel Number 1220001065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,590

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • StyleCode: 56 - 10+ Units
  • Year Built: 1961
  • Buyer Agency Compensation: 2.5q
  • MLS Status: Sold
  • Prev Status: Closed
  • New Construction: No
  • CalculatedSquareFootage: 9160
  • Special Features: None
  • Cumulative Days on Market: 269

Interior Features

  • Possible Use: Residential, See Remarks
  • Fireplace: No
  • Flooring: Laminate, Carpet
  • Interior Amenities: Laminate, Wall to Wall Carpet
  • Stories: 2
  • SquareFootageFinished: 0
  • SquareFootageUnfinished: 0
  • BathsFullUpper: 0
  • BathsHalfUpper: 0
  • BathsThreeQuarterUpper: 0
  • BedroomsUpper: 0
  • Amenities: Coin Op Laundry

Exterior Features

  • Roof: Flat
  • Lot Features: Curbs, Paved, Sidewalk
  • View: No
  • Waterfront: No
  • Exterior Features: Cement/Concrete, Wood Products
  • Structure Type: Multi Family

Garage/Parking

  • Carport Spaces: 10
  • Carport Y N: No
  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Total Parking Spaces: 14
  • ParkingUncoveredSpaces: 4

Utilities

  • Sewer: Sewer Connected
  • Security: FullyFenced
  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • WaterSewerGarbage: 18343

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Seattle

Lot Info

  • Parcel Number: 1220001065
  • Lot Size Acres: 0.3444
  • Lot Size Sq Ft: 15000
  • Irrigation Water Rights: No
  • ResoLotSizeUnits: SquareFeet
  • ShowMapLink: true
  • SiteFeatures: Deck,Fenced-Partially,Patio
  • MLSLotSizeSource: King County
  • MLSSquareFootageSource: King County
  • ZoningJurisdiction: City
  • ZoningClass: Residential,See Remarks

Green Features

  • Power Production Type: Electric

Rental Info

  • GrossRentMultiplier: 10.29
  • LeasedItems: None
  • TotalMonthlyIncome: 19030

Multi Family

  • Gross Scheduled Income: 228360
  • Net Operating Income: 141464
  • Number Of Units Total: 12
  • Insurance Expense: 5867
  • Leasable Area: 9160
  • EnergySource: Electric
  • UnitsInBuildingTotal: 12
  • UnitsBelowGrade: false
  • VacancyRate: 5

Tax Info

  • Year: 2024
  • Tax Annual Amount: 24590

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
11/20/2024 11/20/24 Sold $2,280,000 -3.0% $249 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/26/2024 09/26/24 For Sale $2,350,000 -- $257 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2295635

Northwest Multiple Listing Service (NWMLS)