931 Chestnut, Alameda CA 94501 | $1,000,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 0 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1904
  • MLS#: ML82048184
  • Community: 699 - Not Defined

Listing provided courtesy of Rachel Ivers of Compass. Last updated 2026-05-23 08:35:20.000000. Listing information © 2026 SANDICOR.

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.

More Details

Parking Spots: 0.00
Carport Spaces: 0.00
Natural Gas Available
Heating: Electric

Cristopher Crozier

Call or Text: 760.626.2600