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Estada Apartments
12728 33rd Ave NE Seattle WA 98125
Listing #: 712206 | Status: Available | Last Modified: 4/29/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 5.35 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 20 |
| Total Building SF | 18,723 SF |
| Net Rentable Area | 16,280 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 16,670 SF |
| Acres | 0.38 |
| Year Built | 1967 |
| Year Renovated | 2009 |
| Roof Type | Comp |
| Construction Type | Framed, Wood |
| Property Type | |
|---|---|
| Property Type | Multi-Family |
| Investment | Yes |
| Building Class | B |
| Location | |
|---|---|
| County | King |
| Market Area | N. Seattle |
| Tax ID # | 1453600883 |
| Zoning | NC3-75(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 0 |
| # Uncovered Spaces | 18 |
| Total Parking Spots | 18 |
| Parking Ratio | 5 |
12728 33rd Ave NE
Estada sits in North Seattle’s Lake City neighborhood as a fully occupied, well-maintained property currently generating rents nearly 21% below market rates; creating a great opportunity for new ownership. Several units in Estada have already been upgraded, and the renovated units are leasing at premium rents. Completing that scope across the remaining units captures the full benefit of a submarket that is supply-constrained, income-rich, and well-connected. The fundamentals surrounding Lake City are already outperforming the broader Seattle metro. Average household income within three miles exceeds $135,000 and is projected to climb 53%, driven by the University of Washington, UW Medical Center, and Seattle’s expanding tech scene. That income growth supports a deep and durable renter
Estada Apartments
12728 33rd Ave NE Seattle WA 98125
Listing #: 712206 | Status: Available | Listing Date: 4/29/2026 | Last Modified: 4/29/2026 | Email Listing
For Sale
Estada Apartments
