Two Homes, One Opportunity. Welcome to Central Alameda, where charm meets flexibility. 1419–21 Chestnut Street offers a rare and desirable setup: two separate two-bedroom, one-bath homes on one lot, ideal for multigenerational living, rental income, or a hybrid of both. Both houses are filled with character, featuring wood beam ceilings, hardwood floors, built-in shelving, fireplaces, and in-unit laundry. The front home (1419) is a spacious split-level with two large bedrooms and its own private outdoor space. The rear home (1421) features a bright, single-level layout with natural light and direct access to a private courtyard oasis, ideal for relaxing or entertaining. Whether you’re living in one and renting the other, co-purchasing with family, or simply investing in a flexible, income-producing property, this is a move-in-ready opportunity with long-term upside. Each unit is currently rented at $2,290 per month, with room for future growth. Located just minutes from Park Street, top schools, and commuter options, 1419–21 Chestnut is an Alameda gem.
MLS #
BE41102455
MLS Source
Bay East
Appliances
Dryer, Washer
Flooring
Linoleum, Tile, Wood
Cooling
Air Conditioning - None
Heating
Other
Roof
Other
Garage/Parking
Garage, Spaces per Unit - >1, Tandem Parking, Garage: Car(s)
Sewer
Public Sewer
Water
Public
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 2 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | 877 | 2 | 0/0 | $2,290 |
| 2 | 842 | 2 | 0/0 | $2,290 |
1421 Chestnut St is a Residential Income in Alameda, CA 94501. This 1,719 square foot property sits on a 4,264 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,050,000 and was built in 1947. This address can also be written as 1421 Chestnut St, Alameda, CA 94501.
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This listing information is up-to-date as of November 20, 2025. For the most current information, please contact Jose Cerda-Zein, (510) 523-5673