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In-PersonVirtual Tour
$ 1,497,000
Est. payment | /mo
8,032 Sqft Lot
$ 1,497,000
Est. payment | /mo
8,032 Sqft Lot
Open House
Sun Oct 18, 2:00pm - 4:00pm
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
Listed by Jose Cerda-Zein Cerda-Zein Real Estate #01403669
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "