931 Chestnut ST, Alameda, CA 94501
931 Chestnut ST, Alameda, CA 94501
931 Chestnut ST, Alameda, CA 94501
931 Chestnut ST, Alameda, CA 94501
931 Chestnut ST, Alameda, CA 94501
931 Chestnut ST, Alameda, CA 94501
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Jim Black

Jim Black

+1(925) 285-4898
Listed by Rachel Ivers, DRE #02106194 • Compass
$ 1,000,000
Est. payment | /mo

3 Beds

4 Baths

3,491 SqFt

Save
$ 1,000,000
Est. payment | /mo
Save

3 Beds

4 Baths

3,491 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,491 sqft

Price per Sqft $286

MLS Listing ID ML82048184

Bedrooms 3

Full Baths 4

Year Built 1904

Lot Size 3,944 Sqft

Property Sub-Type Five or More Units

Source MLSListings, Inc.

Property Description

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.

Location

State CA

County Alameda

Area Alameda Map Area 2

Zoning R-4

Interior

Heating Electric

Cooling None

Flooring Carpet, Hardwood, Laminate, Vinyl / Linoleum

Laundry Washer/Dryer - Some Units

Exterior

Parking Features Attached Garage

Utilities Available Natural Gas

Roof Type Shingle

Building

Foundation Concrete Slab

Sewer Sewer - Public

Water Public

Others

Tax ID 071-0269-003

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
Copyright 2026 MLSListings Inc All rights reserved.

GET MORE INFORMATION

Jim Black
Jim Black

Chief Lending Officer : Founder | License ID: NMLS633511/1065732 DRE02089890

+1(925) 285-4898

www.meetjimblack.com

2571 S Main St., Ste D, Soquel, CA, 95073, USA

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Revest Homes, Inc., including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

931 Chestnut ST