925 & 931 Chestnut Street, Alameda, CA 94501 | MLS #ML82048178 | PMZ Real Estate

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  • 39 days on site
  • 1 views

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.

Source: bridgeMLS, MLS#: ML82048178

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  • Property Type
    Commercial Sale
  • Lot
    0.22 acres

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Kimm Kennedy

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  • Median Age
    40
  • Population Density
    5,653
  • College Educated
    61%
  • Estimated Median Income
    $96,014
  • Estimated Total Home Owners
    10,423
  • Estimated Total Renters
    15,054
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    64,487
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 925 & 931 Chestnut Street

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/21/2026Source: CRMLS Added to Database
May 21, 2026
5/21/2026Source: bridgeMLS Added to Database
May 21, 2026
5/21/2026Source: MLSListings Added to Database
May 21, 2026
Listing provided courtesy of Compass- MLS# ML82048178MLS Provider