$ 13,250,000
1701 Shoreline DR Alameda, CA 94501
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$ 13,250,000
Est. payment | /mo
2 Beds
1 Bath
31,374 SqFt
$ 13,250,000
Est. payment | /mo
2 Beds
1 Bath
31,374 SqFt
Key Details
Property Type Commercial
Sub Type Five or More Units
Listing Status Pending
Purchase Type For Sale
Square Footage 31,374 sqft
Price per Sqft $422
MLS Listing ID ML81970963
Bedrooms 2
Full Baths 1
Year Built 1961
Lot Size 1.000 Acres
Property Description
Islander Apartments is a stunning 38-unit apartment community located at 1701 Shoreline Dr in Alameda, CA. Situated on a parcel of land totaling 1-acre, the subject property was originally constructed in 1961 and has a gross building area of approximately 31,374 square feet, offering its tenants beautifully designed two-bedroom floor plans. The subject property offers tenants and residents convenient community amenities including pool, on-site laundry facilities, gated secured entrance, gated covered parking, bike storage, barbeque/picnic area and individual storage units. In addition, Islander Apartments also provides tenants with 21 open space and 17 covered space parking. The subject property is conveniently located on Shoreline Dr, one of Alamedas main thoroughfares, which contains various restaurants, stores and retail shops. It is also located within close proximity to the 1,500-acre Alameda Point Development, one of the largest development projects in the Bay Area expected to create over 9,000 new jobs. The project is slated for 1,425 new homes and over 5.5 million square feet of commercial space. The total cost of the project is expected to exceed 1.5 billion dollars.
Location
State CA
County Alameda
Area Alameda Map Area 1
Zoning R-3-PD
Interior
Heating Wall Furnace
Cooling None
Exterior
Garage Carport , On Street, Uncovered Parking
Pool Pool - In Ground
Utilities Available Individual Electric Meters, Individual Gas Meters
Roof Type Flat / Low Pitch
Building
Foundation Concrete Slab
Sewer Sewer Connected
Water Public
Others
Restrictions Other
Tax ID 74-1250-3-2
Security Features Other
Special Listing Condition Not Applicable
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Listed by Robert Johnston • Marcus & Millichap
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Pete Ruiz
Agent | License ID: 01974535