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.
Listed by Jose Cerda-Zein
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License #01403669
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Cerda-Zein Real Estate
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jose@cerdazein.com
Last updated September 04, 2025
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Source: bridgeMLS #41102455
Listing Facts
TypeMulti-family
NeighborhoodEast End
Bedrooms4
Days on Prevu78
Size1,719 sqft
Price per sqft$640
Amenities
Private Outdoor Space
Washer/Dryer
Parking
Location
Mortgage Calculator
Listing History
08/05/2025
Price Decreased
$1,100,000
06/30/2025
Status changed to Active
$1,200,000
06/30/2025
Status changed to Removed from Feed
$1,200,000
06/23/2025
Listed by Cerda-Zein Real Estate
$1,200,000
Property Details for 1421 Chestnut St
Exterior
Construction
Number Of Units Total: 2
Year Built: 1947
Construction Materials: Stucco
Exterior Features: Back Yard, Side Yard
Features
Patio And Porch Features: Patio, Balcony/Patio
Measurements
Building Area Total: 1,719
Lot Features: 2 Houses / 1 Lot, Premium Lot
Lot Size Acres: 0.10
Lot Size Area: 0
Lot Size Square Feet: 4,264
Lot Size Units: Acres
Financial
Taxes
Parcel Number: 712646
Interior
Features
Appliances: Dryer, Washer
Fireplace: Yes
Flooring: Linoleum, Tile, Wood
Measurements
Living Area: 1,719
Living Area Units: Square Feet
Rooms
Bedrooms Total: 4
Other
Location
Subdivision Name: CENTRAL ALAMEDA
Parking
Parking
Parking Features: Garage, Space Per Unit - 2, Tandem
Utilities
Equipment
Cooling: No Air Conditioning
Heating: Other
Has Heating: Yes
Laundry Features: Dryer, In Unit, Washer
Based on information from bridgeMLS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.