Deal summary

Fix & Flip SFH in Burien, WA 98146 – $355,000

2 bed · 1 bath · 1120 sqft · built 1986 · King County

Two bed, one and a half bath single family from 1986 on 12th Ave SW. Listed at 355k with an estimated 65k in repairs needed to reach an after-repair value around 565k based on comparable sales in the area. The home sits at 1120 square feet and is being offered to cash buyers and investors. A well-kept 1986 rambler on a 10,500 SF lot with a 2-car garage, priced so a light remodel and a third bedroom can take it into the same 3-bed resale market as the nearby comps. Burien's R-2 zone has been described in City zoning correspondence as allowing a baseline of 4 units per lot, with ADUs counted toward that total. Septic capacity, sewer availability, and easement access are the gating items here. Verify directly with the City of Burien and Public Health before underwriting any additional unit. IMPORTANT NOTES- Sold as-is, where-is, with no repairs or warranties by seller or assignor. This is an assignment of contract. The assignor holds the property under contract and is not the owner of record. Cash or hard money only. Proof of funds or hard money lender pre-approval required. $10,000 EMD Buyer handles cleanout and removal of contents.

ARV $565,000 · est. rehab $65,000