1701 Shoreline DR Pending

Alameda,CA 94501

$ 13250000

- Bed

0 Bath

- SqFt


Key Details

Property Type Commercial

Listing Status Pending

Purchase Type For Sale

MLS Listing ID ML81970963

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

Exterior

Roof Type Flat

Building

Water Public

Schools

School District Alameda City Unified

Others

Special Listing Condition Standard

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