1716 Boylston Avenue, Seattle, WA 98112

Courtesy of Kidder Mathews

$5,000,000
19,470
SqFt

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List Price
$5,000,000
Status
ACTIVE
Days on Market
8
MLS#
2558190
Subtype
Residential Income
Style
56 - 10+ Units
Year Built
1907
Living Area
19,470
Lot Size
10,200
Acres
0.23
Subdivision
Capitol Hill
Neighborhood
Capitol Hill
MLS Area Major
Central Seattle

Property Description

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 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.

Additional Information

Amenities
Coin Op Laundry, Fire Sprinklers, Thermal Windows
Exterior Features
Brick, Wood
Property Description
56 - 10+ Units
Heating
Forced Air, Wall Furnace
Air Conditioning
None
Roof
Flat
Garage Spaces
6
School District
Seattle
Elementary School
Lowell
Middle School
Meany Mid
High School
Garfield High
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.
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