Two apartment complexes in Seattle’s Eastlake neighborhood have hit the market. The Coronado North & South and the Valencia are both now up for sale, according to marketing information from Kidder Mathews, which has the listing. Specific guidance pricing has not been released, though the marketing information shows that the asking price is “market pricing.”
Kidder Mathews’ Jerrid Anderson, Matt Laird, JD Fuller and Dylan Simon are the brokers for the properties. According to King County public records, the properties are currently owned by entities affiliated with a private family.
Valencia, located at 2852 Eastlake Ave E, was built in 1957 and offers 25 units. With a total gross square footage of 14,713 and a site area spanning a quarter of an acre, Valencia also features 14 open parking stalls.
The Coronado North & South, situated at 2828 & 2840 Eastlake Ave E, is the larger complex with 78 units. Constructed in 1958, the property has a gross square footage of 56,144 and a site area of nearly two-thirds of an acre. Coronado North & South includes 40 open parking stalls, and like Valencia, the buildings feature reinforced masonry exteriors.
Situated on Lake Union, Eastlake is near both the South Lake Union district and downtown Seattle’s commercial business district. Additionally, the property is only a few blocks away from the Capitol Hill neighborhood. The Coronado and Valencia also have access to several local parks, including Rogers Playground, Harvard Miller/Roanoke Annex, Lynn Street Park and the Gas Works Park. The neighborhood also has transit connections to downtown, Capitol Hill and the University of Washington.
