931 Chestnut St

Alameda, CA 94501

$1,000,000
Price
—
Beds
—
Baths
3,491 Sq. Ft.
$286 / Sq. Ft.
3,491
Sq. Ft.
$286
per Sq. Ft.
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Listed By Compass
Listed By Compass

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...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.

Listing Agents

  1. Rachel Ivers

    Rachel Ivers

    Listing Agent

    Compass

    DRE #02106194

    P: (650)-576-8294

    CallText
  2. Matt Thomson

    Matt Thomson

    Alternative Listing Agent

    Compass

    DRE #01471708

    P: (650)-515-6555

    CallText

Property Details for 931 Chestnut Street

MLS City Name
ALAMEDA
Building Type
Other
Garage Spaces
1
Parking Spaces
0
LISTING UPDATED: 05/22/2026 09:28 AM

Property Details for 931 Chestnut Street

StatusActive
MLS #ML82048184
Days on Compass2
Taxes$16,190 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family 5+
MLS Type5+ Units / Five or More Units
Year Built1904
Lot Size0.09 AC / 3,944 SF
CountyAlameda County
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Location

Listing Courtesy of Compass, Rachel Ivers, DRE #02106194; Compass, Matt Thomson, DRE #01471708
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Building Information for 931 Chestnut Street

Stories-Residences-Year Built1904Building Size-Lot Size0.09 AC / 3,944 SF

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$6,332 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,983

Property Taxes

$1,349

HOA Dues

$0

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Property Information for 931 Chestnut Street

Features
Features
  • Fireplace: No
  • Flooring: Carpet, Hardwood, Laminate, Vinyl / Linoleum
  • Laundry: Washer/Dryer - Some Units
  • Living SqFt: 3491
  • Pool: No
  • Security Features: Controlled / Secured Access
  • Special Features: None
Utilities
  • Cooling: None
  • Heating: Electric
  • Meters: Master Water, Separate Electric, Separate Gas
  • Sewer Septic: Sewer - Public
  • Utilities: Natural Gas
  • Water: Public
Carport and Parking
  • Carport Min: 0
Garage
  • Garage and Parking: Attached Garage
Property Details
Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
Property Details
  • Min Num Of Units in Complex: 5
  • Area Text: Alameda Map Area 2
  • Restrictions: None
  • Roof: Shingle
  • Subclass: Five or More Units
  • Year Built Source: Assessor
  • Street Number: 931
  • Street Name: Chestnut
  • Street Suffix: Street
  • Area ID: 2902
Lot / Property Details
Building Information
  • Number of Buildings: 1
  • Structure SqFt: 3491
  • Structure SqFt Source: Other
  • Age: 122
Development Information
  • Ownership Type: Individual
  • Zoning Detail: R-4
Location Information
  • City Limits: Yes
  • Incorporated: Yes
  • Parcel Number: 071-0269-003
  • County Name: Alameda
  • City Name: ALAMEDA
  • City Postal ID: 121
  • Postal Code: 94501
  • Elementary School District: 966
  • High School District Text: Alameda City Unified
Lot Information
  • Foundation: Concrete Slab
  • Lot Acres: .09
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
Building Information
  • No Of Leased: 2
General Information
  • Annual Tax Amount: $16,190
  • Capitalization Rate: 6.68
  • Tenant Expenses: Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Rents
  • Vacancy Factor: 5
Income / Expense Details
  • Expense Insurance: $7,394
  • Expense Landscape: $2,100
  • Expense Maintenance: $4,750
  • Expense Management: $0
  • Expense Trash: $3,007
  • Expenses Other: $2,105
  • Expenses Utility: $11,243
  • Expenses Total: $46,789
  • Operating Expenses Include: Fee - License/Advertising, Maintenance - Repair, Services - Gardener, Services - Janitor, Services - Trash Removal, Utilities - Electric, Utilities - Gas, Utilities - Water
  • Gross Rent Multiplier: 8.36
  • Income Annual Gross: $113,590
  • Income Annual Rental: $115,368
  • Income Gross Scheduled: $119,568
  • Income Other: $4,200
Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 2
  • Unit 1 Rent: $2,370
Unit 2 Information
  • Unit 2 Approx Square Footage: 430
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 1
  • Unit 2 Rent: $2,100
Unit 3 Information
  • Unit 3 Approx Square Footage: 500
  • Unit 3 Full Bathrooms: 1
  • Unit 3 Number of Bedrooms: 0
  • Unit 3 Rent: $1,444
Unit 4 Information
  • Unit 4 Approx Square Footage: 430
  • Unit 4 Full Bathrooms: 1
  • Unit 4 Number of Bedrooms: 0
  • Unit 4 Rent: $1,600
Unit 5 Information
  • Unit5 Full Baths: 1
Unit Type 1
  • Unit Type1 Approx SqFt: 1044

Property History for 931 Chestnut Street

DateEvent & SourcePriceAppreciation
May 21, 2026

Listed (Active)

MLSListings #ML82048184

$1,000,000—
May 21, 2026

Listed (Active)

EBRD #ML82048184

$1,000,000—
DateEvent & SourcePrice
05/21/2026

Listed (Active)

MLSListings #ML82048184

$1,000,000
05/21/2026

Listed (Active)

EBRD #ML82048184

$1,000,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 931 Chestnut Street

Taxable ValueLand$50,261Additions$40,209Total$90,470
Tax Record2025$5,160 ($430 / month)
Home Facts
Total Finished SqFt2,833 SqFtAbove Grade Finished SqFt2,833 SqFtStories2Lot Size3,944 SqFtStyleQuadraplexYear Built1904Year Renovated1911CountyALAMEDAAPN71-269-3

Schools near 931 Chestnut Street

This home is within Alameda Unified School District.
Rating
School
Type
Grades
Distance
Love Elementary School
Public - K to 5
Will C. Wood Middle School
Public - 6 to 8
Alameda High School
Public - 9 to 12
Maya Lin Elementary School
Public - K to 5
Rating
School
Distance
Love Elementary School
PublicK to 5

Will C. Wood Middle School
Public6 to 8

Alameda High School
Public9 to 12

Maya Lin Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 931 Chestnut Street, Alameda, CA 94501

931 Chestnut Street is for sale in Alameda, CA 94501. This property was listed for sale on May 21, 2026 by Compass, it's currently listed at $1,000,000. This listing's school district is Alameda Unified School District. Nearby schools include Love Elementary School, Will C. Wood Middle School and Alameda High School. 931 Chestnut Street is a 0-bed, 0-bath, 3,491 sqft built in 1904.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Rachel Ivers, DRE #02106194; Compass, Matt Thomson, DRE #01471708

Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.