13232 Ambaum Boulevard SW, Burien, WA 98146

$5,425,000
22,944
SqFt

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Listing courtesy of Landlord Management, Inc.. Selling Office: Paragon Real Estate Advisors.

Sold Price
$5,425,000
List Price
$5,800,000
Status
SOLD
MLS#
2465211
Closing Date
May 29, 2026
Days on Market
151
Style
56 - 10+ Units
Building Condition
Very Good
Finished SqFt
22,944
Area Total SqFt
22944
Annual Tax Ammount
65000
Lot Size (sq ft)
44,840
Sewer
Sewer Connected

Property Description

Rare. Well maintained 24 units. All 2 beds, 2 baths with laundry and fireplace. Over 900 sqft. Each has a Deck or a patio. All units are identical except 104 and 108 which are handicap accessible.

Additional Information

List Date
2025-12-29 00:00:00
Community
Burien
Net Operating Income
$339,950
Gross Adjusted Income
$490,450
Gross Scheduled Income
$499,460
Total Monthly Income
$41,745
Insurance Expenses
$21,000
Water/Sewer/Garbage Expenses
$47,646
Gross Rent Multiplier
10.91
Total Expenses
$150,500
Cap Rate
5.94
Vacancy Rate
2
Total Number of Units
24
Unit Name
13232
Potential Terms
Conventional
Year Built
1990
View
Territorial
Roof
Composition
Site Features
Fenced-Partially, Patio
Electric Expenses
3354
Other Expenses
13500
Energy Source
Electric
School District
Highline
Total Monthly Income
$41,745
Gross Scheduled Income
$499,460
Vacancy Rate
2
Gross Adjusted Income
$490,450
Tax Year
2025
Insurance Expense
$21,000
W/S/G Expenses
$47,646
Total Expenses
$150,500
Net Operating Income
$339,950
Gross Rent Multiplier
10.91
Cap Rate
5.94
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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