Capitol Hill Condo
1125 E Olive St, Seattle. 62 units of brick construction with earthquake insurance in HOA. Both cats and dogs allowed.
Building Profile
Onyx sits at 1125 E Olive St on the E Olive Way corridor that connects Capitol Hill to First Hill and downtown Seattle. Built in 2007, this 62-unit, 6-story brick and stucco building offers direct walkability to Capitol Hill Station, the medical corridor, and downtown employment centers. The building includes earthquake insurance in its HOA, a critical feature for Pacific Northwest condo buyers. Both cats and dogs are allowed, making Onyx an option for multi-pet households in Capitol Hill.
At 18 years post-construction, major systems (elevator, roofing, building envelope) are approaching their first comprehensive reserve review. Request the reserve study and current funding percentage before making an offer. The brick and stucco exterior is durable but should be inspected for mortar condition, caulking, and any visible settlement or cracking.
| Address | 1125 E Olive St, Seattle, WA |
| Neighborhood | Capitol Hill |
| Units | 62 |
| Stories | 6 |
| Year Built | 2007 |
| Construction | Brick, Metal/Vinyl, Stucco |
| HVAC | Wall heat (no central A/C) |
| Pets | Cats and dogs allowed, subject to restrictions |
| Last Verified | March 2026 — SCA Registry |
Buyer Considerations
HOA includes earthquake insurance; verify coverage limits are current and adequate for your needs and the building's replacement value.
At 18 years, major systems (elevator, roofing, building envelope) are approaching first comprehensive review; request reserve study and percent-funded.
1125 E Olive St connects Capitol Hill to First Hill and downtown; walkable to Capitol Hill Station, the medical corridor, and downtown.
Both pets confirmed; verify weight limits, number caps, and breed restrictions with HOA before purchase.
Buyer Profiles
E Olive Way corridor provides access to both Capitol Hill's walkability and downtown employment; strong transit proximity.
Both cats and dogs accepted; one of the Capitol Hill buildings confirming dual-pet acceptance.
62 units clears Fannie Mae thresholds; brick/stucco construction; earthquake insurance in HOA; 18 years of reserve accumulation.
Market Data
| Unit Type | Price Range | Price per Sqft | Notes |
|---|---|---|---|
| 1-Bedroom | $460K–$660K | $465–$550/sqft | E Olive Way; earthquake insurance HOA |
| 2-Bedroom | $670K–$970K | $460–$545/sqft | Wall heat; 2007 brick/stucco |
Frequently Asked
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Educational Guides
What condo HOA fees cover, how they're calculated, and what to look for in a building's fee structure.
How reserve funds work, what percent-funded means, and why the reserve study matters before you buy.
How rental caps, owner-occupancy ratios, and HOA delinquency rates affect your loan eligibility.
What the resale certificate contains, why it matters, and the key red flags buyers should watch for.
Real Estate Partner
Jeff Reynolds specializes in Seattle condo buildings and has guided over 1,000 buyers through the purchase process. His expertise spans Capitol Hill, Queen Anne, downtown, and the broader Seattle market. Jeff provides clear guidance on reserve studies, HOA rules, financing thresholds, and neighborhood dynamics to help you find the right building and the right unit.
Contact Jeff to schedule a private showing, review a building inspection report, or discuss financing strategies for your ideal condo.
Have questions about Onyx or another Seattle condo? Contact Jeff today.