931 Chestnut ST, Alameda, CA 94501
- $1,000,005
- 3,491
- SqFt
Listed by Rachel Ivers, 650-576-8294 from Compass
(If provided) CoList: Matthew Thomson from Compass
Sold listing courtesy of Thomas Anicete from KINE
- Sold Price
- $1,000,005
- List Price
- $1,000,000
- Closing Date
- Aug 07, 2026
- MLS#
- ML82048184
- Status
- SOLD
- Sqft. of Residence
- 3,491
- Lot Size
- 3,944
- Listing Area
- Alameda Map Area 2
- Year Built
- 1904
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 unit, allowing for immediate lease-up at market rents. The property offers a projected 6.70% cap rate upon occupancy of the vacant units. Unit E was recently renovated from a studio into a true 1BR/1BA unit. Additional income potential exists through garage and off-street parking, as well as 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 Units C and D, along with updates to 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.
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Additional Information
- Acres
- 0.09
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Carpet, Hardwood, Laminate, Vinyl / Linoleum
- Foundation
- Concrete Slab
- Garage Parking
- Attached Garage
- Heating System
- Electric
- Laundry Facilities
- Washer/Dryer - Some Units
- Living Area
- 3,491
- Lot Size
- 3,944
- Neighborhood
- Alameda Map Area 2
- Other Utilities
- Natural Gas
- Roof
- Shingle
- Sewer
- Sewer - Public
- Zoning
- R-4
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