Properties

Comm Ri Multi-units 5+ For Sale

0.72 Acre - 1701 Shore Line Drive, ALAMEDA, California 94501

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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 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.

Basic Details
Property Type : Comm Ri Multi-units 5+
Listing Type : For Sale
Listing ID : ML81832377
Price : $14,250,000
Bedrooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0.72 Acre
Year Built : 1961
Lot Area : 1 Sqft
Features
Heating System : Wall Furnace
Cooling System : Other
Address Map
Country : US
State : CA
County : Alameda
City : ALAMEDA
Zipcode : 94501
Street : Shore Line Drive
Street Number : 1701
Floor Number : 0
Longitude : W123° 44' 11.5''
Latitude : N37° 45' 34.7''
MLS Addon
Office Name : Marcus & Millichap
Building Type : Other
Area : Alameda Map Area 1
Address : 1701 Shore Line Drive
LA1User Code : MLL5069777
LA1Agent First Name : Chris
LA1Agent Last Name : Saiz
Status Category : Sold
Tot # Parking Spaces : 21
Tot # of Units : 38
Zoning : Buye
List $/SqFt : $0
Age : 60
Apx Lot Sq Ft : 43,721 Sqft
Type of Building : Apt Complex
Annual Taxes : $197,584
Total Deposits : $0
DISABLED FEATURES : Other
OPERATING EXPENSES : Other
TENANT PAYS : Other
WATER/SEWER : Water - Public, Sewer System - Public
Bus Sq Ft of Bldg : 0 Sqft
Other Loans (Y/N) : No
1st Loan Balance : $0
2nd Loan Balance : $0
Tot Other Loans : $0
Financial Data Verif(Y/N) : 5.81
Ann Act Gross Inc : $0
Gross Oper Actual Inc : $0
Listing Type : Excl Right
Listing Service : Full Service
Special Information : None
Original Price : $14,250,000
Sold Price : $14,250,000
Previous Price : $0
Sale $/SqFt : $0
Gross Oper Actual Inc : 0
Annual Gross Sched Inc : 1025120
Net Oper Income : 827536
Annual Mgmt Exp : 0
Annual License Exp : 0
Annual Util Exp : 0
Other Ann Exp : 0
Tot Ann Oper Exp : 0
First Loan Payment : 0
First Balance : 0
Annual Insurance Exp : 0
INTERNET DISPLAY : 0
INTERNET SITES : 0
SA1Agent Type : 0
Gross Rent Multiplier : 13.90
Buyer Agent DRE Num. : 01853816
List Agent DRE Num. : 01850380
Filtered Address : 1701 Shore Line DR
LA1Agent License ID : 01850380
LA1Old Agent ID : 319480
LA2Agent First Name : Robert
LA2Agent Last Name : Johnston
LA2User Code : MLL482270
LA2Old Agent ID : 230805
LA2NRDS_ID : 01853816
SA1Agent First Name : Robert
SA1Agent Last Name : Johnston
SA1Agent License ID : 01853816
SA1User Code : MLL482270
SA1Old Agent ID : 230805
SA1NRDS_ID : 01853816
Annual Vacancy : 0
Gross Income : 0
Sale/Original $ : 0
Annual Exp Yr : 0
Sale $/SqFt : 0
1st - Yrs Remaining : 0
Sale/Last List $ : 0
Interest Rate : 0
Board ID : Datashare MLSListings
Assessors Parcel No : 074-1250-003-02
Showing : Appointment Only
SA2Agent First Name : Adam S.
SA2Agent Last Name : Levin
SA2Agent License ID : 01462752
SA2Old Agent ID : 224354
LO2Office Name : Marcus & Millichap
SO1Office Abbreviation : MLL88226
SO1Office Name : Marcus & Millichap
LO1Main Office ID : 74903
LO1Board ID : 0
LO2Office Identifier : 74903
LO2Main Office ID : 74903
SO1Office Identifier : 74903
SO1Board ID : 0
SO2Office Identifier : 74903
SO2Office Type : 0
SO2Office Name : Marcus & Millichap
SO2Office State : CA
VOW Include : Yes
VOW Address : Yes
VOW Comment : Yes
VOW AVM : Yes
Status Detail : 0
Search Price : 14250000
Address Search Number : 1701
Listing Agent : 284199
Listing Office : 74903
Co-List Agent : 269729
Listing Office 2 : 74903
Apprx Equity : 0
Buyer Agent 1 : 269729
Buying Office 1 : 74903
Co-Sell Agent : 267804
Buying Office 2 : 74903
Photo Count : 14
Input Date : 04/03/2021 02:04:08
Update Date : 18/06/2021 03:13:49
PhotoTimestamp : 18/06/2021 05:04:32
First Photo Add Timestamp :
List Date : 04/03/2021
Expire Date :
Pending Date : 07/04/2021
Closing Date : 17/06/2021
Status Date : 17/06/2021
Price Date :
Off Market Date : 07/04/2021
Status : Sold
HOA : No
Off Market Status Date :
LVT Date :
DOMLS : 35
Cumulative DOMLS : 35
Unit # 1 # of Bedrooms: 2
Comm Ri Multi-units 5+ For Sale
  • Listing ID : ML81832377
  • Bedrooms : 0
  • Bathrooms : 0
  • Square Footage : 0.72 Acre
$14,250,000
Agent info
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