Under contract

Active Under Contract

1701 Shoreline Drive

Alameda CA, 94501

$13,250,000


$422.32 per sqft

Under contract

Active Under Contract

31,374 sqft

Commercial

Built in 1961

Listed by Robert Johnston with Marcus & Millichap 650-391-1744

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.

ML81970963

MLS ID

June 25, 2024

Listed

September 2, 2024

Updated

Map

1701 Shoreline Drive
Alameda CA, 94501

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

None


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

1 Acre


Roof

Flat

School Information

School District

Alameda City Unified

Other Property Details

Area Name

699 - Not Defined


Taxes

$189,930


Tax Frequency

Annually


Days on Market

65


Garage

No


Parking Total

21


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

R-3-PD

Listing History

Date

Event

Price

9/2/2024

Under contract

Listing Contact: (650) 391-1700 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/2/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/2/2024 at 5:39 PM UTC

 

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