925 Chestnut ST, Alameda, CA 94501
- $1,350,000
- 3,275
- SqFt
Listed by Rachel Ivers, 650-576-8294 from Compass
(If provided) CoList: Matthew Thomson from Compass
- List Price
- $1,350,000
- Closing Date
- Aug 24, 2026
- MLS#
- ML82048186
- Status
- PENDING (DO NOT SHOW)
- Sqft. of Residence
- 3,275
- Lot Size
- 5,400
- Listing Area
- Alameda Map Area 2
- Year Built
- 1898
Property Description
Charming Victorian-style apartment property located in Alamedas highly sought-after Bronze Coast neighborhood. Excellent opportunity for investors, owner-occupants, multigenerational families, or buyers seeking additional space for home offices, guest accommodations, or supplemental income. The property features a diverse unit mix consisting of (3) 1BR/1BA units, (1) 1BR/2BA unit, and (1) vacant 2BR/1BA owners unit, allowing for immediate lease-up at market rents. The property offers a projected 6.91% cap rate upon occupancy of the vacant units. Additional income potential exists through garage and tandem parking, on-site storage, possible ADU conversion of storage areas, and implementation of shared laundry for units currently without in-unit washer/dryers. Recent capital improvements and interior upgrades include new LVP flooring, interior paint, cabinetry, and countertops in Unit E, along with a new dishwasher in the vacant owners unit. Major electrical improvements include brand-new main panels and subpanels. Sewer lateral inspection has also been completed.
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Additional Information
- Acres
- 0.12
- Cooling System
- None
- Days On Market
- Unknown
- Floor Covering
- Carpet, Hardwood, Laminate, Tile
- Foundation
- Concrete Slab
- Garage Parking
- Carport, Off-Site Parking
- Heating System
- Electric, Fireplace, Gas
- Laundry Facilities
- Washer/Dryer - Some Units
- Living Area
- 3,275
- Lot Size
- 5,400
- Neighborhood
- Alameda Map Area 2
- Other Utilities
- Other
- Roof
- Shingle
- Sewer
- Sewer - Public
- Zoning
- R-4
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