925 Chestnut Street, Alameda, CA 94501
List Price: $1.35M
Listing Status: Pending
0Close Date: 2026-08-24
Days on Market: 31
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1898
Lot Size: 5,400 sq ft
Annual Property Tax: $20,782
MLS Number: ML82048186
About This Property
Charming Victorian-style apartment property located in Alamedas highly sought-after Bronze Coast neighborhood. Excellent opportunity for investors, owner-occupants, multigenerational families, or buyers seeking additional space for home offices, guest accommodations, or supplemental income. The property features a diverse unit mix consisting of (3) 1BR/1BA units, (1) 1BR/2BA unit, and (1) vacant 2BR/1BA owners unit, allowing for immediate lease-up at market rents. The property offers a projected 6.91% cap rate upon occupancy of the vacant units. Additional income potential exists through garage and tandem parking, on-site storage, possible ADU conversion of storage areas, and implementation of shared laundry for units currently without in-unit washer/dryers. Recent capital improvements and interior upgrades include new LVP flooring, interior paint, cabinetry, and countertops in Unit E, along with a new dishwasher in the vacant owners unit. Major electrical improvements include brand-new main panels and subpanels. Sewer lateral inspection has also been completed.
Listing provided by: Rachel Ivers DRE #02106194 (415) 660-9955 rachel.ivers@compass.com, Compass
Source: CRMLS, MLS #: ML82048186
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.