sold

Listings/Coronado & Valencia

Coronado & Valencia

Sale Price: $22,000,000

For more information about this property, please contact the listing broker.

Please visit our Listings page to view apartment buildings and development land currently on the market.

Sale Summary

We had the privilege of representing the Seller, a generational owner, in the marketing and sale of the Coronado & Valencia Apartments.  This iconic Eastlake property attracted significant attention from both local and national buyers.  We ran our full marketing process: blasted the listing to 40,000+ recipients through email, placed more than 500 direct phone calls to prospects, conducted 50+ tours, and generated 10+ offers.  Ultimately, we selected a strong Buyer who provided the highest level of certainty to the Seller.  We look forward to seeing how the new owners will revitalize the property through interior and exterior renovations, breathing new life into this iconic Eastlake apartment community.

Press

103 Eastlake units, to remain affordable, trade for $22M

Coronado North & South

ADDRESS
2828 & 2840 Eastlake Ave E, Seattle
NEIGHBORHOOD
Eastlake
YEAR BUILT
1958
UNITS
78
NRSF
36,660
GROSS SF*
56,144
SITE AREA*
27,500 LSF
ZONING
NC3-55 (M)
PARKING
40 Open Stalls
EXTERIOR
Reinforced Masonry

Valencia

ADDRESS
2852 Eastlake Ave E, Seattle
NEIGHBORHOOD
Eastlake
YEAR BUILT
1957
UNITS
25
NRSF
10,690
GROSS SF*
14,713
SITE AREA*
11,000 LSF
ZONING
NC3-55 (M)
PARKING
14 Open Stalls
EXTERIOR
Reinforced Masonry

Location

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Coronado & Valencia

2828 & 2852 Eastlake Ave E.
Seattle, WA 98102
Units: 103
Price: $22,000,000

Eastlake

The Coronado & Valencia is located in Seattle’s Eastlake neighborhood, one of the most coveted pockets in the Puget Sound.

Resting right on Lake Union, Eastlake is an escape from the city while being a stone’s throw away from South Lake Union and Downtown Seattle CBD. Ever since Amazon and the nation’s top life science companies moved into the neighborhood, we have seen walkable dining and retail flourish along the lake. The property is also a few blocks from the vibrant Capitol Hill neighborhood that boasts a thriving nightlife and restaurant scene. There are also many local parks that residents will be very close to including Rogers Playground, Harvard Miller / Roanoke Annex, Lynn Street Park and Gas Works Park. With transit to downtown, Capitol Hill and University of Washington, Eastlake has a small suburb feel in the middle of it all, which has been attractive for renters and investors for years.

Ideally located

In one of Seattle's most desirable neighborhoods.

Excellent Access

To the region's top job centers.

Puget Sound is largest metro area

In the state with 17.6% population growth since 2010

Contact Us

Exclusive Listing Brokers

Call/Text: 425.736.5516

Call/Text: 206.665.3272