CA
Alameda
ALAMEDA
94501
931 Chestnut Street
931 Chestnut Street, ALAMEDA, CA 94501
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Listing Type
Multi Family
Listing Status
Active
36
$1,000,000

Home Details for 931 Chestnut Street

Price
$1,000,000
Type
Residential Income
Square feet
3491
Year built
1904
Lot size acres
0.091
County
Alameda
Garage
1
Days on site
12
MLS Listing#
ML82048184
Listed By: Compass - 415-660-9955
Listed By: Rachel Ivers
Property Description

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 units, allowing for immediate lease up at market rents. The property delivers a 6.70% CAP RATE after occupancy of vacant units. Unit E recently renovated from a Studio unit to a true 1BR/1BA unit. Additional income potential exists through garage and off street parking, and 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 Unit C & D and 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.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Electric
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Garage
    • 1
  • Parking
    • Attached
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-05-22 11:10:27
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
408 778 9990
Agent
408 202 3243
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