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Listing Firm: Lee & Associates Commercial RE: Daniel Lim

Bought With: Lee & Associates Commercial RE : Robert Thomas Meunier

SOLD On November 2, 2020
NWMLS # 1649090

$4,800,000

  • Sold Price
  • - Beds
  • - Baths
  • 16188 Sq.ft.

12315 28th Avenue NE, Seattle, WA 98125

Listings with the three tree icon are courtesy of NWMLS

About This Property

Gladstone Apartments, consists of 32 units of 1 and 2-bedroom residential living spaces in Lake City. Total NRA of 16,188 sf with unit sizes ranging from 475 sf to 722 sf. This two-story multifamily asset is built on a large MR (M) zoned 28,050 sf site abutting Virgil Flaim Park. The central location provides easy accessibility to downtown Seattle and the Eastside. This value-add asset has plenty of rental upside for buyers with opportunities to capture additional upside upon renovation.

Buyer's Agent: Robert Thomas Meunier • Lee & Associates Commercial RE

Listed by: Daniel Lim • Lee & Associates Commercial RE

Aris360 Last Checked: 1 Minute Ago (May 09, 2025 11:57 AM)

  • Source: NWMLS as Distributed by MLS Grid #1649090

    Listing provided courtesy of Northwest Multiple Listing Service (NWMLS)

Location

  • Country: US
  • Neighborhood: 28th
  • Zip/Postal Code: 98125
  • City: Seattle

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Property Features

  • County
    • Lake City
  • Community
    • 710 - North Seattle
  • MLS Area
    • 710 - North Seattle
  • Longitude
    • -122.298289
  • Latitude
    • 47.717833
  • Directions
    • Headed north on Lake City Way, turn left on NE 120th. Turn right on 28th Ave NE. NE corner one block north.

  • Power Production Type
    • Electric
  • Furnished
    • Unfurnished

  • Stories
    • 2
  • Style
    • 56 - 10+ Units
  • Parking Spaces
    • 32
  • Lot Description
    • Adjacent to Public Land,
    • Alley,
    • Corner Lot,
  • Elevation
    • Feet
  • Exterior
    • Wood
    • Wood Products
  • Roof
    • Torch Down,
  • Septic or Sewer
    • Sewer Connected,
  • Lot Size in Acres

    • 1

  • Building Total Area (Sq. Ft.)
    • 28050
  • Has View
    • Yes
  • Utilities
    • Sewer Connected,
    • Electric,
  • Energy Features
    • Thermal Windows,
  • View Description
    • Territorial,

  • High School District
    • Seattle

  • Possession
    • Closing,
  • Property Type
    • Residential Income
  • Property SubType
    • Multi-Family
  • Tax Year
    • 2020
  • Structure Type
    • Multi Family,
  • Tax Amount
    • $47797
  • Year Built
    • 1958
  • Status
    • Sold

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Listing provided by NWMLS

Disclaimer: Based on information submitted to the MLS GRID as of Fri May 09 2025 . 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.

May 09, 2025 11:57 AM