Chestnut Street Alameda, CA ^$ 2,350,000

Chestnut Street

^$ 2,350,000

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Recently Listed

Open House 5/29 11am - 1pm

Chestnut Street

Alameda, CA, 94501

^$ 2,350,000

Bedrooms-- Baths-- Sq 7,715

Monthly Estimate*

^$ 14,469

Listed by Compass

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Commercial Property for sale in Alameda, CA

for $2,350,000. This 7,715 square foot building was built in 1898 on a lot size of 0.2145.

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.

Open House

5/29/2026 11:00 AM - 1:00 PM
11:00 AM - 1:00 PM

Chestnut Street Alameda, CA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Commercial Active

Price

^$ 2,350,000

Property Type

Commercial

Taxes

^$ 36,972

Style

Lot Size

0.2145

Year Built

1898

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

ML82048178

Days on Market

Features

General

Heating Electric Fireplace(s)

Cooling None

Utilities Other

Roof Shingle

Zoning R-4

HOA Fee 0

Year Built 1898

County Alameda

Insurance Expense 15777

Property Type Commercial Sale

MaintenanceExpense 9500

Special Listing Conditions Standard

Status Active

City Alameda

High School District Alameda City Unified

MLS Area 699 - Not Defined

Lot Size Units Square Feet

Lot Size Square Feet 9344

Carport Spaces 3

Carport Y/N true

Tax Annual Amount 36972

Trash Expense 7282

Standard Status Active

Occupancy Type Tenant

Year Built Source Assessor

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Water Source Public

Total Parking 0

Lot Size Area 9344

Number of Buildings 2

Building Area Total 7715

Lot Size Acres 0.2145

Lot Size Source Other

* Excluded Features

List By

Compass

Broker

rachel.ivers@compass.com

Affordability Calculator

$17,550

Per Month

Monthly Principal & Interest: $14,469
Monthly Property Taxes: $3,081
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Alameda, CA

Average List Price ^$2,296,843

Percent of Sale Price 2%

About Alameda, CA

82,536 Population

14% Since 2002

^$88,664 Median Income

42.39 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/21/2026	$2,350,000		Listed Price

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Chestnut Street, Alameda, CA, 94501 is a Commercial Property for sale at $2,350,000 with 7,715 sqft and a lot size of 0.2145. Chestnut Street was built in 1898. The property's zip code is 94501 which is in Alameda, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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Chestnut Street

Commercial Property for sale in Alameda, CA

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