List Search

925-931 Chestnut St
Alameda, CA South Shore

$2,350,000 USD

Multifamily For Sale  •  7,715 SF

2 Properties View all

Property Details

  • Property Type Multifamily
40 Transit Score
60 Walk Score

Highlights

OWNER USER OR INVESTMENT FLEXIBILITY: Large owner’s unit at 925 Chestnut allows for owner occupancy or operation as a fully leased investment property
DIVERSE 10 UNIT MIX ACROSS TWO PROPERTIES: Portfolio includes (10) units across two adjacent properties ranging in Studios, 1-BR, and 2-BR units.
VALUE-ADD & ANCILLARY INCOME OPPORTUNITY: Four vacant units provide immediate lease up upside with additional potential ancillary income streams.
NEWLY CONVERTED TRUE 1 BEDROOM UNIT AT 931 CHESTNUT: Recently reconfigured studio conversion to true 1-BR/1-BA unit.
NEW CAPITAL IMPROVEMENTS AND INTERIOR UPGRADES: New LVP flooring, fresh paint, new electrical systems and knob-and-tube replacement.
PRIME BRONZE COAST LOCATION: Close to Park Street retail, Alameda Beach, top rated schools, and public transit.

Public Transportation

Commuter RailDriveWalkDistance
Oakland (Capitol Corridor - Amtrak, Coast Starlight - Amtrak, San Joaquins - Amtrak) 8 min - 3.6 mi
Emeryville (Capitol Corridor - Capitol Corridor Joint Powers Authority) 16 min - 8.4 mi
AirportDriveWalkDistance
Metro Oakland International 10 min - 4.6 mi
San Francisco International 42 min - 26.8 mi
Rachel Ivers 650-576-8294 Compass Commercial
Rachel Ivers 650-576-8294 Compass Commercial