$ 13,250,000
1701 Shoreline DR Alameda, CA 94501
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$ 13,250,000
Est. payment | /mo
1 Acres Lot
$ 13,250,000
Est. payment | /mo
1 Acres Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID ML81970963
HOA Y/N No
Year Built 1961
Annual Tax Amount $189,930
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 699 - Not Defined
Zoning R-3-PD
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Carport Spaces 17
Roof Type Flat
Total Parking Spaces 21
Building
Water Public
Schools
School District Alameda City Unified
Others
Tax ID 74125032
Special Listing Condition Standard
Listed by Robert Johnston • Marcus & Millichap