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2014 SW 152nd St
Burien, WA 98166
Seahurst 9 · Multifamily Property For Sale
·
9 Units
Investment Highlights
- Seller Financing
- Excellent Value-Add Opportunity
- MU-1 Zoning: Mixed-Use or Townhomes Development up to 55'
- First Time on Market in 30 Years
- Fantastic Seahurst / Burien Location
Executive Summary
Westlake Associates is excited to offer Seahurst 9 for sale, a solid 9-unit apartment building hitting the market for the first time in 30 years. Located in the highly desirable Seahurst neighborhood of Burien, this 1962-built property sits on a spacious 10,722 sq ft lot zoned MU-1, supporting mixed-use redevelopment with a 55-foot height limit. Ideal for multi-family expansions, townhomes, retail, restaurants, or professional offices, it offers versatile potential in a market with low competition and rising rents. With one-, two-, and three-bedroom units averaging 651 sq ft, featuring hardwood floors, copper plumbing, and a durable brick exterior, Seahurst 9 combines immediate rental income with long-term growth opportunities. Seller financing available or cash out—perfect for investors seeking stability in South King County's resilient economy.
Property Facts
| Price Per Unit | $265,815 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.25 AC |
| Cap Rate | 5.82% | Building Size | 6,600 SF |
| Gross Rent Multiplier | 11 | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.21/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | MU-1 | ||
| Price Per Unit | $265,815 CAD |
| Sale Type | Investment |
| Cap Rate | 5.82% |
| Gross Rent Multiplier | 11 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.25 AC |
| Building Size | 6,600 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.21/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | MU-1 |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $1,753 CAD | 550 |
| 2+1 | 3 | $2,085 CAD | 785 |
| 2+1.5 | 1 | $2,529 CAD | 795 |
| 3+1 | 1 | $2,256 CAD | 1,250 |
Property Taxes
| Parcel Number | 763580-0480 | Improvements Assessment | $1,863,568 CAD |
| Land Assessment | $276,421 CAD | Total Assessment | $2,139,989 CAD |
Property Taxes
Parcel Number
763580-0480
Land Assessment
$276,421 CAD
Improvements Assessment
$1,863,568 CAD
Total Assessment
$2,139,989 CAD
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