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510-703-0356
Real Estate Company
1525 Chestnut St, Alameda, CA 94501
- $1,497,000
- 4,896
- SqFt
- List Price
- $1,497,000
- Status
- ACTIVE
- Year Built
- 1939
- MLS#
- 41151537
- Living Area
- 4,896
- Lot Size
- 8,034
- Type
- Multifamily
- Zip
- 94501
- city
- Alameda
- Neighborhood
- Alameda
Property Description
Four generously sized one-bedroom apartments. Strong rental income. Classic Mediterranean style. Built in 1939, 1525 Chestnut makes a strong first impression with its tile roof, arched entry, and landscaped front lawn. Inside, four generously sized one-bedroom apartments offer formal dining rooms, plenty of closet space, and random-plank hardwood floors. Spacious rooms and period details give each home character and warmth. The property generates strong rental income. With one unit vacant, you can welcome a new resident or explore owner-occupancy while the other three units continue producing income. It’s an opportunity to grow your portfolio or make Alameda home with rental income already in place. The added bonuses: four garages, separate utility meters, on-site coin-operated laundry, and basement storage. The courtyard provides outdoor space for residents to enjoy. Location, location, location. Park Street is a short walk away, putting neighborhood restaurants, shopping, and everyday stops close to home. Alameda’s shoreline offers another reason to enjoy island living. Nearby bus lines and access to ferry service, BART, major commuter routes, and Oakland International Airport keep the rest of the Bay Area within reach. Generous living space. Strong income. Four doors in a place people love to call home.
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Additional Information
- Lot Description
- Premium Lot, Landscaped, Security Gate
- Flooring
- Hardwood, Tile, Carpet
- Heating
- Central
- Cooling
- No Air Conditioning
- Laundry
- Coin Operated, Common Area, In Basement
- Exterior
- Stucco, Other
- Roof
- Unknown
- Garage
- Yes
- Garageparking
- Detached, On Street
- Water Sewer
- Public
- Building Type
- Quadruplex
- Acres
- 0.18
- School District
- Alameda (510) 748-4000
- Elementary School
- Alameda (510) 748-4000
- High School
- Alameda (510) 748-4000
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Listing courtesy of Jose Cerda-Zein from Cerda-Zein Real Estate. 510-523-5673
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