The Cameo Apartments is a 15-unit property in Burien with current rents below market presenting an exceptional value-add opportunity on the repositioning of this classic property. Reposition this asset by achieving current market rents or go for it & max out the investment potential of with a renovation of the units/property at your own pace. There is a mix of newer leases & long-term tenants. More than 50% of the units on MTM lease. The unit mix of the 15 units is 11 – 1-bed/1-bath units and 4 – 2-bed/1-bath units. Located a short distance to SeaTac airport & major employers such as Boeing. The central location & spacious units make it a promising asset for deploying many different investment strategies. Up & coming area with new homes!
Sold
Listed by:
Julie K Clark,
eXp Realty
Bought with: Paragon Real Estate Advisors
$2,025,000
1121 SW 126th Street, Seattle, WA 98146
--beds
--baths
12,560sqft
Multi Family
Built in 1962
-- sqft lot
$1,722,500 Zestimate®
$161/sqft
$1,984 Estimated rent
Home value
$1,722,500
$1.46M - $2.02M
$1,984/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,984/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,984/mo
Rent Zestimate®
Refinance and save
$12,250/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$12,250/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2024 at 05:48am
Listed by:
Julie K Clark,
eXp Realty
Bought with:
Nick Hemming, 120684
Paragon Real Estate Advisors
Source: NWMLS as distributed by MLS GRID,MLS#: 2218767
Facts & features
Interior
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood, Vinyl, Carpet
- Has fireplace: No
Interior area
- Total structure area: 12,560
- Total interior livable area: 12,560 sqft
Property
Parking
- Total spaces: 24
- Parking features: Open
- Uncovered spaces: 24
Features
- Patio & porch: Ceramic Tile, Hardwood, Wall to Wall Carpet
Lot
- Size: 0.43 Acres
- Features: Corner Lot, Paved
Details
- Parcel number: 3744600835
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Cement/Concrete
- Foundation: Slab
- Roof: Built-Up,Flat
Condition
- Year built: 1962
Utilities & green energy
- Electric: Company: City of Seattle
- Sewer: Sewer Connected, Company: Recology
- Water: Public, Company: Seattle Public Utilities
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Burien
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 623 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Sold | $2,025,000-17.3%$161/sqft |
Source:  NWMLS as distributed by MLS GRID #2218767 Report a problem | ||
| 4/20/2024 | Pending sale | $2,450,000$195/sqft |
Source: NWMLS as distributed by MLS GRID #2218767 Report a problem | ||
| 4/4/2024 | Listed for sale | $2,450,000$195/sqft |
Source: NWMLS as distributed by MLS GRID #2218767 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $240 +6.3% | -- |
| 2023 | $226 | -- |
| 2022 | -- | -- |
Find assessor info on the county website
Neighborhood: Mount View
Nearby schools
GreatSchools rating
- 3/10Hazel Valley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Cascade Middle SchoolGrades: 6-8Distance: 0.8 mi
- 2/10Highline High SchoolGrades: 9-12Distance: 1.9 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,722,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,722,500
- Washington
- King County
- Burien
- 98146
- Mount View
- 1121 SW 126th Street