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.
Details
| MLS # | 41151537 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1939 |
| Days On Site | 30 |
| Listing Provided By | Cerda-Zein Real Estate | Jose Cerda-Zein |
Features
| Units | 4 |
|---|---|
| Acreage | 0.18 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | No |
| Appliances | Gas Water Heater, Dryer, Washer |
Exterior
| Construction Materials | See Remarks, Stucco |
|---|
Parking
| Parking Features | Garage |
|---|---|
| Garage Yes / No | Yes |
Area Information
| State | CA |
|---|---|
| County | Alameda |
| City | Alameda |
| Zip Code | 94501 |
| Community Name | ALAMEDA |
| Listing VS Median (in ALAMEDA) | |
Price: $1,497,000 low | high Med: $0 On site: 30 low | high Med: | |
Market Activity 94501
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Learn More About This Property
| State | CA |
|---|---|
| County | Alameda |
| City | Alameda |
| Zip Code | 94501 |
| Community Name | ALAMEDA |
| Listing VS Median (in ALAMEDA) | |
Price: $1,497,000 low | high Med: $0 On site: 30 low | high Med: | |
 | $1,399,0001718 Alameda AveAlameda, CA 94501 |
 | $1,375,0001620 Santa Clara AveAlameda, CA 94501 |