Victorian-Style Apartment
925 Chestnut Street Alameda, CA 94501
For Sale
$1,350,000
Pending
Victorian-style multifamily property with a mixed unit layout and a vacant 2BR unit ready for lease-up.
Days on Market64
Property Features for 925 Chestnut Street
General Information
- Standard status
- Pending
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1898
Listing Agency:
Compass
(650) 576-8294
Listed By:
Rachel Ivers · License #02106194
(650) 576-8294
Source:
Exitrealty
Added: May 22
Changed: Jul 23
Last Checked: Jul 23 at 10:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This Victorian-style apartment property offers a diverse unit mix of (3) 1BR/1BA units, (1) 1BR/2BA unit, and (1) vacant 2BR/1BA owners unit. The vacancy supports immediate lease-up, with a stated projected 6.91% cap rate upon occupancy of the vacant units. Recent interior and system improvements include new LVP flooring, interior paint, cabinetry, and countertops in Unit E, along with a new dishwasher in the vacant owners unit. Major electrical updates include brand-new main panels and subpanels, and a sewer lateral inspection has also been completed.
Located at 925 Chestnut Street in Alameda’s Bronze Coast neighborhood, the property provides additional income opportunities noted in the remarks, including garage and tandem parking and on-site storage. The property also presents operational upside through possible ADU conversion of storage areas and implementing shared laundry for units currently without in-unit washer/dryers.
Located at 925 Chestnut Street in Alameda’s Bronze Coast neighborhood, the property provides additional income opportunities noted in the remarks, including garage and tandem parking and on-site storage. The property also presents operational upside through possible ADU conversion of storage areas and implementing shared laundry for units currently without in-unit washer/dryers.
Key Highlights
- Victorian‑style multifamily built in 1898 with a unit mix of 3x 1BR/1BA, 1x 1BR/2BA, and 1 vacant 2BR/1BA owner unit
- Vacant 2BR/1BA unit offers immediate lease‑up at market rents; projected 6.91% cap rate upon occupancy
- Recent interior upgrades include new LVP flooring, interior paint, cabinetry, and countertops in Unit E, plus a new dishwasher in the vacant owners unit
Property Analytics
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Victorian-style multifamily property with a mixed unit layout and a vacant 2BR unit ready for lease-up.
Where is this apartment building located?
The property is located at 925 Chestnut Street Alameda, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Victorian‑style multifamily built in 1898 with a unit mix of 3x 1BR/1BA, 1x 1BR/2BA, and 1 vacant 2BR/1BA owner unit; Vacant 2BR/1BA unit offers immediate lease‑up at market rents; projected 6.91% cap rate upon occupancy; Recent interior upgrades include new LVP flooring, interior paint, cabinetry, and countertops in Unit E, plus a new dishwasher in the vacant owners unit
