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925 & 931 Chestnut Street Alameda, CA $ 2,350,000
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$ 2,350,000 Get more info
925 & 931 Chestnut Street
$ 2,350,000
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Open House 5/29 11am - 1pm
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925 & 931 Chestnut Street

Alameda, CA, 94501
$ 2,350,000
Bedrooms4 Baths-- Sq 7,715

Monthly Estimate*

$ 14,469

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Commercial Property for sale in Alameda, CA

for $2,350,000 with 4 bedrooms. This 7,715 square foot building was built in 1898 on a lot size of 0.215.

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.

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Open House

5/29/2026 11:00 AM - 1:00 PM
11:00 AM - 1:00 PM
925 & 931 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

Bedrooms

4

Property Type

Commercial

Taxes

$ 0

Style

Other

Lot Size

0.215

Year Built

1898

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

ML82048178
Features
General
Living Area 7715
Heating Electric Natural Gas
Cooling None
Zoning R-4
Year Built 1898
Property Subtype Other
County Alameda
Property Type Commercial Sale
HOA false
Garage Y/N true
Status Active
City Alameda
MLS Area Listing
Lot Size Square Feet 9344
Standard Status Active
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Interior
Flooring Hardwood Laminate Tile
Air Conditioning Y/N false
Heating Y/N true
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Exterior
Parking Features Attached Off Site
Water Source Public
Lot Size Area 9365.4
Building Area Total 7715
Lot Size Acres 0.215
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* Excluded Features
List By
Rachel Ivers

Listing Agent

Compass

Broker

rachel.ivers@compass.com

Email

Affordability Calculator

$14,469
Per Month
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Monthly Principal & Interest
$14,469
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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
0 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/21/2026$2,350,000 Listed Price

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925 & 931 Chestnut Street, Alameda, CA, 94501 is a Commercial Property for sale at $2,350,000 with 7,715 sqft and a lot size of 0.215. 925 & 931 Chestnut Street has 4 bedroomsThe property's zip code is 94501 which is in Alameda, CA

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