- $1M Price
- .09 Acres
- 30 DOM
931 Chestnut Street
Charming Victorian-style apartment property located in Alamedas highly sought-after Bronze Coast neighborhood. Excellent opportunity for value-add investors. The property features a diverse unit mix consisting of (2) studio units, (2) 1BR/1BA units, and (1) 2BR/1BA unit, allowing for immediate lease-up at market rents. The property offers a projected 6.70% cap rate upon occupancy of the vacant units. Unit E was recently renovated from a studio into a true 1BR/1BA unit. Additional income potential exists through garage and off-street parking, as well as implementation of shared laundry for units currently without in-unit washer/dryers. Recent capital improvements and interior upgrades include new LVP flooring and interior paint in Units C and D, along with updates to common areas. 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® #ML82048184
- Price$1,000,000
- Bathrooms0.00
- Acres0.09
- Year Built1904
- TypeCommercial Sale
- StatusActive
Community Information
- Address931 Chestnut Street
- Area699 - Not Defined
- CityAlameda
- CountyAlameda
- Zip Code94501
Amenities
- UtilitiesNatural Gas Available
Interior
- HeatingElectric
- 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 6:20pm 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.