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ChestnutAlameda, CA 94501

For Sale

$2,350,000

Smart Buyer Rebate $23,500

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.

Listed by Rachel Ivers

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License #02106194

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Compass

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650-576-8294

Listed by Matthew Thomson

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License #01471708

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Compass

Last updated May 30, 2026

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Source: MLSListings #ML82048178

Listing Facts

  • TypeMulti-family
  • NeighborhoodBronze Coast
  • Days on Prevu26
  • Size7,715 sqft
  • Price per sqft$305

Amenities

  • Pets Allowed
  • Parking

Location

Mortgage Calculator

Listing History

05/21/2026
Listed by Compass
$2,350,000

Property Details for Chestnut

Association

General

  • Number Of Units In Community: 10

Exterior

Construction

  • Roof: Shingle
  • Year Built: 1898

Measurements

  • Building Area Total: 7,715
  • Lot Size Acres: 0.21
  • Lot Size Area: 9,344
  • Lot Size Square Feet: 9,344

Financial

Taxes

  • Parcel Number: 071-0269-004-000

Interior

Features

  • Appliances: Washer/Dryer - Some Units
  • Flooring: Carpet, Hardwood, Laminate, Tile

Measurements

  • Living Area: 7,715

Parking

Parking

  • Carport: Yes
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Attached Garage, Carport, Off-Site Parking

Schools

Elementary School

  • Elementary School District: Alameda City Unified

High School

  • High School District: Alameda City Unified

Utilities

Equipment

  • Heating: Electric, Fireplace, Gas
  • Sewer: Public Sewer
  • Utilities: Other, Water - Public
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at Chestnut.

Does this multi-family home have parking?

Yes, there is 1 parking space available for Chestnut.

How does Chestnut compare to other multi-family homes in Bronze Coast?

This multi-family home is listed 161% above the average price for multi-family homes in Bronze Coast and has been on the market for 10 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 7,715 sqft.

Chestnut is a -bedroom multi-family home for sale in Alameda CA 94501. Listed on Prevu for 26 days at $2,350,000. This home features 7,715 square feet of living space, located in Alameda. The median listing price for multi-family homes in this area is $949,000. Additional amenities include pets allowed and parking. Browse more multi-family home listings in Alameda.

Based on information from MLSListings™️ 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.

Full MLS Disclaimers

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.