3900 Latona

Prominently located at the corner of Latona Ave NE and NE Pacific Street in Wallingford, 3900 Latona Ave NE is positioned to take advantage of spectacular views overlooking Lake Union and the Seattle downtown skyline. The property is centrally located with easy access to Fremont, South Lake Union, the University of Washington, and downtown Seattle. Across the street is the noteworthy Burke-Gilman Trail that offers bikers and walkers a convenient path to major employers such as Tableau, Google, Adobe, Fred Hutch, Amazon, and many others in South Lake Union.

On the market for the first time in 32 years, this 7-unit apartment building originally constructed in 1989 consists of six one-bedroom units ranging in size from 615 square feet to 738 square feet, and one two-bedroom two-bath 1,217 square foot penthouse unit. The secure parking garage has seven stalls. In 2010 the exterior of the building was extensively renovated with new windows, Ceraclad and Hardieplank siding, membrane covered decks with custom rod-iron deck railings, and a PVC thermoplastic membrane roof. The penthouse unit has in-unit washer and dryer, while the other six units are serviced by common coin-op laundry. All units enjoy private decks, with a few having two decks. Four of the seven units have re-cently been upgraded with new flooring, countertops, plumbing fixtures, and stain-less-steel appliance packages. All units have dishwashers. Six units recently had new 50-gallon hot tanks installed.

The 3900 Latona apartments offers an investor a one-of-a-kind opportunity to acquire a well-maintained and well-located building in one of Seattle’s most desirable neighborhoods.