Home | Alameda County | Alameda | 94501 | 925 & 931 Chestnut St
925 & 931 Chestnut St, Alameda, CA 94501
MLS: ML82048178 | Status: | Price: $2,350,000
Beds/Baths: – / –
Property Type: Residential Income
Quick Facts
| Beds |
Baths |
Sq Ft |
Sq Ft Lot |
Yr Built |
| – |
– |
7,715 |
9,344 |
1898 |
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.
| Field |
Value |
| MLS # |
ML82048178 |
| MLS Source |
MLSListings, Inc. |
| Days on Site |
12 |
Features
Interior Features
| Feature |
Details |
| Appliances |
Washer/Dryer - Some Units |
| Flooring |
Carpet, Hardwood, Laminate, Tile |
| Cooling |
None |
| Heating |
Electric, Fireplace, Gas |
Exterior Features
| Feature |
Details |
| Roof |
Shingle |
| Foundation |
Slab |
| Feature |
Details |
| Garage/Parking |
Attached Garage, Carport, Off-Site Parking, Garage: 1 Car(s) |
| Elementary District |
Alameda City Unified |
| High School District |
Alameda City Unified |
| Sewer |
Public Sewer |
| Water |
Public |
| Zoning |
R-4 |
| Listing Agent |
Co-Listing Agent |
| Rachel Ivers |
Matthew Thomson |
| Compass |
|
| License #: 02106194 |
License #: 01471708 |
| Phone: (650) 576-8294 |
Phone: (650) 515-6555 |
Property Units
| # Buildings |
# Leased Units |
# Total Units |
| 2 |
4 |
10 |
Unit Details
| Type |
Sq Ft |
Beds |
Baths |
Min Rent |
Max Rent |
Units Like This |
| 1 |
465 |
0 |
1/0 |
$1,444 |
$1,600 |
2 |
| 2 |
642 |
1 |
1/0 |
$1,820 |
$2,100 |
5 |
| 3 |
700 |
1 |
2/0 |
$2,271 |
– |
1 |
| 4 |
1,437 |
2 |
1/0 |
$2,370 |
$3,650 |
2 |
School Ratings
School data provided by GreatSchools.org
Nearby Schools
| School |
Type |
Grades |
Distance |
Rating |
| Will C. Wood Middle School |
public |
6-8 |
0.33 mi |
6 |
| Franklin Elementary School |
public |
K-5 |
0.39 mi |
8 |
| Love Elementary School |
public |
TK,KG,1,2,3,4,5 |
0.44 mi |
8 |
| Maya Lin School |
public |
K-5 |
1.02 mi |
8 |
| Maya Lin Elementary School |
public |
K-5 |
1.02 mi |
N/A |
| Edison Elementary School |
public |
K-5 |
1.14 mi |
8 |
| Frank Otis Elementary School |
public |
K-5 |
1.20 mi |
10 |
| Alameda Unified Special Education |
public |
UG |
1.43 mi |
N/A |
| Bay Farm School |
public |
TK,KG,1,2,3,4,5 |
1.46 mi |
9 |
| Lincoln Middle School |
public |
6-8 |
1.56 mi |
10 |
| Paden Elementary School |
public |
K-5 |
1.57 mi |
6 |
| Island High School |
public |
9-12 |
1.60 mi |
2 |
| Amelia Earhart Elementary School |
public |
K-5 |
1.70 mi |
8 |
| International Community School |
public |
K-5 |
1.73 mi |
5 |
| Think College Now School |
public |
K-5 |
1.73 mi |
3 |
| Alameda Science And Technology Institute |
public |
9-12 |
1.77 mi |
10 |
| Garfield Elementary School |
public |
K-5 |
1.86 mi |
3 |
| Alameda High School |
public |
9-12 |
1.91 mi |
10 |
| Encinal Jr. Sr. High School |
public |
6-12 |
1.93 mi |
7 |
| Roosevelt Middle School |
public |
6-8 |
2.00 mi |
3 |
Nearby Homes
| Address |
Price |
Beds |
Baths |
Sq Ft |
Status |
| 1203 Benton St |
$2,195,000 |
– |
– |
6,568 |
|
| 1000 Central Ave. |
$2,580,988 |
– |
– |
5,101 |
|
| 1211 Paru St |
$1,995,000 |
– |
– |
6,857 |
|
| 1833 Clinton Ave |
$2,000,000 |
– |
– |
9,130 |
Active |
Disclosures
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This listing information is up-to-date as of May 30, 2026. For the most current information, please contact Rachel Ivers, (650) 576-8294.