1701 Shoreline DR, Alameda, CA 94501

$12,925,000
31,374
SqFt

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Listed by Robert Johnston, 650-391-1744 from Marcus & Millichap
(If provided) CoList: Adam S. Levin from Marcus & Millichap

Sold listing courtesy of Arman Sadigh from M&MKW

Sold Price
$12,925,000
List Price
$13,250,000
Closing Date
Dec 05, 2024
MLS#
ML81970963
Status
SOLD
Sqft. of Residence
31,374
Lot Size
43,560
Listing Area
Alameda Map Area 1
Year Built
1961

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.

Additional Information

Acres
1
Age
63
Cooling System
None
Days On Market
Unknown
Foundation
Concrete Slab
Garage Parking
Carport, On Street, Uncovered Parking
Heating System
Wall Furnace
Living Area
31,374
Lot Size
43,560
Neighborhood
Alameda Map Area 1
Other Utilities
Individual Electric Meters, Individual Gas Meters
Pool Description
Pool - In Ground
Roof
Flat / Low Pitch
Sewer
Sewer Connected
Unincorporated Yn
Yes
Zoning
R-3-PD

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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