Hollywood Court is a 25-unit multifamily investment located in Seattle's highly desirable Capitol Hill neighborhood. The property consists of two buildings: the original 19-unit Hollywood Court, constructed in 1907, and a newer 6-unit building completed in 1998, offering investors a unique blend of historic character and more modern construction. Hollywood… Read More Court presents a compelling value-add opportunity in one of Seattle's most established and supply-constrained rental markets. The property benefits from a diverse unit mix and strong in-place occupancy, with the opportunity to enhance revenue through interior renovations, operational improvements, and continued alignment to market rents. Ideally positioned in the heart of Capitol Hill, the property offers unmatched access to Seattle's top lifestyle amenities and employment centers. Residents are within walking distance of light rail, Seattle Central College, Cal Anderson Park, and a vibrant mix of restaurants, cafes, and nightlife, while also maintaining close proximity to major employers in South Lake Union and Downtown Seattle. With its scale, location, and repositioning potential, Hollywood Court represents a rare opportunity to acquire a legacy asset with both near-term upside and long-term appreciation in one of Seattle's most dynamic rental submarkets. Read Less
Listing courtesy of Kidder Mathews
Listing Snapshot
Cumulative Days On Market
38
Days on Website
10
Last Updated
Property Type
Multi Family
Square Ft.
17,277
Lot Size
0.23 Acres
Year Built
1907
Property Tax
$54,614
MLS Number
2588753
Additional Details
Building
Built in 1907, 3 stories, Construction Materials: Brick, Wood
Cooling
None
Energy Saving
Energy Efficiency: Thermal Windows
Expenses
Insurance: $18,500, Other Expense: $74,497
Exterior Features
Brick, Wood
Garage
6 spaces
Heating
Forced Air, Wall Furnace
Home Owner's Association
Association Fee: $0
Income
Gross ScheduledIncome: $179,940, Net Operating Income: $254,607
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. Listings last updated on ,
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