The Regan Lee’s 24 spacious studio and one-bedroom units showcase original hardwood floors, mahogany doors, rich wood trim, arched entryways, and abundant natural light, preserving the elegance of a bygone era. The property also features eight garage stalls along the alley, providing both parking convenience and additional income. With current rents well below market, The Regan Lee offers a compelling opportunity to increase NOI through strategic renovations and rent optimization. Additionally, investors may explore redevelopment potential of the existing garage space to add units and further maximize value (buyer to verify).
Sold
Listed by: Westlake Associates, Inc.
Bought with: Westlake Associates, Inc.
$5,150,000
603 3rd Avenue W, Seattle, WA 98119
12beds
24baths
12,510sqft
Multi Family
Built in 1929
-- sqft lot
$4,954,300 Zestimate®
$412/sqft
$3,031 Estimated rent
Home value
$4,954,300
Estimated sales range
Not available
$3,031/mo
Zestimate® history
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$25,292/mo
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List your homeWhat's special
Eight garage stallsOriginal hardwood floorsAbundant natural lightRich wood trimArched entrywaysMahogany doors
Zillow last checked:
Listing updated:
Listed by:
Curran C. Hagstrom,
Westlake Associates, Inc.,
Collin Hagstrom,
Westlake Associates, Inc.
Bought with:
Richard L. Kemp, 31127
Westlake Associates, Inc.
Source: NWMLS as distributed by MLS GRID,MLS#: 2348870
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 24
Heating
- Baseboard, Electric
Cooling
- None
Features
- Flooring: Ceramic Tile, Hardwood
- Has fireplace: No
Interior area
- Total structure area: 12,510
- Total interior livable area: 12,510 sqft
Property
Parking
- Total spaces: 8
- Carport spaces: 8
Features
- Patio & porch: Ceramic Tile
- Has view: Yes
- View description: City
Lot
- Size: 10,301 sqft
- Features: Corner Lot, Curbs, Paved, Sidewalk, Fenced-Partially
Details
- Parcel number: 3876900030
- Zoning description: Jurisdiction: City
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Poured Concrete
- Roof: Flat
Condition
- Year built: 1929
Utilities & green energy
- Sewer: Sewer Connected
Community & neighborhood
Location
- Region: Seattle
- Subdivision: Queen Anne
Other
Other facts
- Listing terms: Conventional
- Cumulative days on market: 305 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/20/2025 | Sold | $5,150,000-4.6%$412/sqft |
Source:  NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
| 4/22/2025 | Pending sale | $5,400,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
| 3/24/2025 | Listed for sale | $5,400,000$432/sqft |
Source: NWMLS as distributed by MLS GRID #2348870 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Lower Queen Anne
Nearby schools
GreatSchools rating
- 6/10Hay Elementary SchoolGrades: K-5Distance: 0.7 mi
- 8/10McClure Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10The Center SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$4,954,300
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$4,954,300
- Washington
- King County
- Seattle
- 98119
- Lower Queen Anne
- 603 3rd Avenue W
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