1525 Chestnut St, Alameda, CA 94501
1525 Chestnut St, Alameda, CA 94501
1525 Chestnut St, Alameda, CA 94501
1525 Chestnut St, Alameda, CA 94501
1525 Chestnut St, Alameda, CA 94501
1525 Chestnut St, Alameda, CA 94501
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Ian Michael

Ian Michael

+1(714) 723-1545
$ 1,497,000
Est. payment | /mo

8,032 Sqft Lot

Save Virtual Tour
$ 1,497,000
Est. payment | /mo
Save Virtual Tour

8,032 Sqft Lot

Open House

Tue Oct 20, 11:00am - 1:00pm

Sun Oct 25, 2:00pm - 4:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision Alameda

MLS Listing ID 41151537

HOA Y/N No

Year Built 1939

Lot Size 8,032 Sqft

Property Sub-Type Quadruplex

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.

Location

State CA

County Alameda

Interior

Flooring Carpet, Tile, Wood

Fireplace No

Appliance Gas Water Heater, Dryer, Washer

Exterior

Parking Features Garage

Total Parking Spaces 4

Others

Tax ID 712634

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://vimeo.com/1235958477

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Listed by Jose Cerda-Zein Cerda-Zein Real Estate #01403669

Nearby Locations

Ian Michael

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 723-1545

admin@luxurela.com

50 Wilshire Blvd suite 203,, Beverly Hills, California 9021290212, USA

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1525 Chestnut St