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Sold for $12,925,000 on 12/05/24
  • $12,925,000

    Shoreline, Alameda, CA 94501

    --beds
    --baths
    31,374sqft
    Five Or More Units
    Built in 1961
    -- sqft lot
    $12,197,700 Zestimate®
    $412/sqft
    $2,619 Estimated rent

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    $82,388/mo

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    What's special

    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.

    Zillow last checked: 8 hours ago

    Listing updated: December 21, 2024 at 02:58am

    Listed by:

    Robert Johnston 01853816 510-304-8077,

    Marcus & Millichap 650-391-1700,

    Adam S. Levin 01462752 650-492-0934

    Bought with:

    Arman Sadigh, 02191036

    Marcus & Millichap

    Robert Johnston, 01853816

    Marcus & Millichap

    Source: MLSListings Inc,MLS#: ML81970963MLS Logo

    Facts & features

    Interior

    Heating
    • Wall Furnace
    Cooling
    • None
    Features
    • Doors: None
    Interior area
    • Total structure area: 31,374
    • Total interior livable area: 31,374 sqft

    Property

    Parking
    • Total spaces: 21
    • Parking features: Carport, On Street
    • Has carport: Yes
    Accessibility
    • Accessibility features: None
    Lot
    • Size: 1 Acres
    Details
    • Parcel number: 74125032
    • Zoning: R-3-PD
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Five Or More Units
    Materials
    • Foundation: Slab
    • Roof: Flat
    Condition
    • Year built: 1961

    Utilities & green energy

    • Gas: IndividualGasMeters
    • Water: Public
    • Utilities for property: Water Public

    Community & neighborhood

    Location
    • Region: Alameda

    Other

    Other facts
    • Listing agreement: ExclusiveRightToSell
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    Estimated market value
    $12,197,700