Commercial property
Listing Agent: Rachel Ivers (DRE #02106194) · Listing Office: Compass · Contact: (415) 660-9955 · Bought with: Thomas Anicete · Kinetic Real Estate · MLS #ML82048184 · Source: CRMLS
931 Chestnut Street sold for $1,000,005 in August 2026, 0.0% over its $1,000,000 list price, after 31 days on the market.
Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.
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 description from the August 2026 sale, as reported to CRMLS.
931 Chestnut Street last sold in August 2026 for $1,000,005, according to CRMLS-reported closed sales.
$1,000,005, 0.0% above the $1,000,000 list price, after 31 days on the market.
931 Chestnut Street is not currently listed on the MLS. Browse current homes for sale in Alameda on Nalren.