Alameda, CA 94501,1701 Shoreline DR
Alameda, CA 94501,1701 Shoreline DR
Alameda, CA 94501,1701 Shoreline DR
Listed by Robert Johnston • Marcus & Millichap
Bought with Arman Sadigh • Marcus & Millichap
$12,925,000
Est. payment /mo
$13,250,000
2.5%
Est.Price: ?

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2 Beds
1 Bath
31,374 SqFt
SOLD DATE : 12/05/2024

Key Details

Sold Price $12,925,000

Property Type Commercial

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 31,374 sqft

Price per Sqft $411

MLS Listing ID ML81970963

Bedrooms 2

Full Baths 1

Year Built 1961

Lot Size 1.000 Acres

Property Sub-Type Five or More Units

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

Parking Features 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

Special Listing Condition Not Applicable

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agent

Steven Gary

+1(408) 644-3287

Realtor | License ID: 01895061

Realtor License ID: 01895061

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