- $2.4M Price
- .21 Acres
- 30 DOM
Chestnut Street
AVAILABLE INDIVIDUALLY OR AS A PORTFOLIO. Two (2) Charming Victorian-style apartments located on adjacent parcels located in Alamedas highly sought after Bronze Coast neighborhood. Excellent opportunity for value-add investors. Each property boasts five (5) units each: 925 CHESTNUT ST - (3) 1BR/1BA units, (1) 1BR/2BA unit, and (1) 2BR/1BA owners unit delivered vacant & 931 CHESTNUT ST (2) Studio, (2) 1BR/1BA, and (1) 2x1 unit. The owners unit at 925 Chestnut is currently vacant, allowing for immediate lease up at market rents. The portfolio delivers a 6.82% CAP RATE upon immediate lease-up of four (4) vacant units. Additional income potential exists through garage and tandem parking, and implementation of shared laundry for units currently without in-unit washer/dryers. Extensive renovations across some units at 925 & 931 Chestnut include full interior upgrades, new LVP flooring, interior paint, kitchen countertops and cabinetry. Major electrical improvements include brand new main panels, subpanels, and replacement of existing knob-and-tube wiring. Sewer lateral inspection has also been completed.
Essential Information
- MLS® #ML82048178
- Price$2,350,000
- Bathrooms0.00
- Acres0.21
- Year Built1898
- TypeCommercial Sale
- StatusActive
Community Information
- AddressChestnut Street
- Area699 - Not Defined
- CityAlameda
- CountyAlameda
- Zip Code94501
Amenities
- UtilitiesOther
Interior
- HeatingElectric, Fireplace(s)
- CoolingNone
Exterior
- RoofShingle
School Information
- DistrictAlameda City Unified
Additional Information
- Date ListedMay 21st, 2026
- Days on Market30
- ZoningR-4
Listing Details
- AgentRachel Ivers
- OfficeCompass
Rachel Ivers, Compass.
Based on information from California Regional Multiple Listing Service, Inc. as of June 20th, 2026 at 8:56pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.