Sold

1701 Shore Line Drive

Alameda CA, 94501

$14,250,000


$454.20 per sqft

Sold

31,374 sqft

Commercial

Built in 1961

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 residents community amenities such as a swimming pool, on-site laundry facilities, a gated secured entrance, gated and covered parking, bike storage, barbecue/picnic area and individual storage units. The investment appeal of this asset is driven by Alamedas strong employment fundamentals and desirable location. With a world-class location in the heart of the San Francisco Bay Area, Islander Apartments presents an attractive choice for East Bay renters due to its close proximity to major employers, transportation corridors, shopping, dining and entertainment.

ML81832377

MLS ID

February 15, 2024

Updated

Map

1701 Shore Line Drive
Alameda CA, 94501

Interior Features

Fireplace

No


Cooling

Yes


Cooling Description

Other


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

1 Acre


Sewer

Public Sewer

Other Property Details

Area Name

Alameda Map Area 1


Garage

No


View

No


County

Alameda


Water Source

Public


Pool

No


Zoning

Buye


Buyer Agency Compensation

2%

Listed by Chris Saiz with Marcus & Millichap
Listing Contact: 408-887-8106 

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