1525 Chestnut St

Alameda, CA 94501

About this property

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.

About this property

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.

Features and Additional Information

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$1,497,000 Active
0 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Cerda-Zein Real Estate
1-510-523-5673
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Area Information

| Alameda County | ALAMEDA

$ 1,497,000
This listing is play_arrow 57.7% higher than the average in the area
$ 949,000 in the area
0 SqFt
This listing is play_arrow 0% larger than the average in the area
0 SqFt in the area
$ 0 $/SqFt
This listing is play_arrow 0% less than the average in the area
$ 0 $/SqFt in the area
12 days on site
This listing is play_arrow 71.4% above the average in the area
7 days on site in the area

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Listed By Jose Cerda-Zein
Brokerage: Cerda-Zein Real Estate

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