The Waterfront Apartments

Investment Overview

2051 Shoreline Drive delivers 36,412 square feet of multifamily ownership in a prominent waterfront setting. The 1962-built structure exudes enduring materials, generous ceiling heights, and abundant daylight through expansive fenestration. Thoughtful circulation weaves between private residences while offering unobstructed water views that elevate each living space. A commanding presence on the shore, the property provides a cohesive blend of rental offerings plus ample storage and utility infrastructure, supporting efficient operations. Well-maintained systems and a stable footprint make this an attractive asset for investors seeking steady income with the potential for targeted enhancements.

Investment Highlights

• 36,412 square feet of multifamily space on a single parcel
• Constructed in 1962 with lasting masonry and concrete structure
• Direct adjacency to the Alameda shoreline provides prominent exposure
• Expansive windows deliver abundant natural light to each unit
• Robust utility and mechanical infrastructure support efficient management
• Ground-level entry points simplify resident access and circulation
• Consistent unit mix offers an opportunity for rental stabilization
• Grand visual presence enhances curb appeal along Shoreline Drive
• Solid roofline and façade require minimal near-term capital
• Strategic layout supports resident privacy and operational flow