931 Chestnut Street Alameda, CA $ 1,000,000
931 Chestnut Street
$ 1,000,000
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931 Chestnut Street

Alameda, CA, 94501
$ 1,000,000
Bedrooms-- Baths-- Sq 3,491

Monthly Estimate*

$ 6,157

Listed by Compass
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Commercial Property for sale in Alameda, CA

for $1,000,000. This 3,491 square foot building was built in 1904 on a lot size of 0.0905.

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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Commercial Active

Price

$ 1,000,000

Property Type

Commercial

Taxes

$ 16,190

Style

Lot Size

0.0905

Year Built

1904

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

ML82048184

Days on Market

5

Features
General
Heating Electric
Cooling None
Utilities Natural Gas Available
Roof Shingle
Zoning R-4
HOA Fee 0
Year Built 1904
County Alameda
Insurance Expense 7394
Property Type Commercial Sale
MaintenanceExpense 4750
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 3944
Carport Spaces 0
Tax Annual Amount 16190
Trash Expense 3007
Standard Status Active
Occupancy Type Tenant
Year Built Source Assessor
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Water Source Public
Total Parking 0
Lot Size Area 3944
Number of Buildings 1
Building Area Total 3491
Lot Size Acres 0.0905
Lot Size Source Assessor
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* Excluded Features
List By
Compass

Broker

rachel.ivers@compass.com

Email

Affordability Calculator

$7,506
Per Month
82%
18%
0%
Monthly Principal & Interest
$6,157
Monthly Property Taxes
$1,349
Monthly 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2026$1,000,000 Listed Price

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931 Chestnut Street, Alameda, CA, 94501 is a Commercial Property for sale at $1,000,000 with 3,491 sqft and a lot size of 0.0905. 931 Chestnut Street was built in 1904. The property's zip code is 94501 which is in Alameda, CA