OPEN OCT 20, 11AM TO 1PM

For sale

$1,497,000

Est. $10,080/mo —

•

4 ba

•

4,896

sq ft

1525 Chestnut St, Alameda, CA 94501

About this home

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.

Multi-familyProperty Type

1939Year Built

8,034 sq ftLot Size

$306Price/Sq.Ft.

Listed by Jose Cerda-zein •DRE #01403669 • Cerda-Zein Real Estate

Listing updated: Oct 18, 2026 at 12:44pm

Redfin checked: 2 minutes ago

•Source:bridgeMLS, Bay East AOR, or Contra Costa AOR #41151537

Payment calculator

$10,080 per month

Principal and interest$8,272

Property taxes

$1,559

HOA dues

Home insurance

$250

Utilities

Add

5 minutes to get started. No credit impact.

Affordability tools

See this home in person

This home is unavailable to tour on this day.

Next available date: Monday, October 19

Open houses

Tuesday, Oct 20

11:00am - 1:00pm

Sunday, Oct 25

2:00pm - 4:00pm

Nearby open houses (10)

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Around this home

Schools

K - 12
Preschool & daycare

Love Elementary School

Public Tk-5 • Assigned • 0.1mi

8/10

Will C. Wood Middle School

Public 6-8 • Assigned • 0.8mi

6/10

Encinal Jr. Sr. High School

Public 6-12 • Assigned • 2.1mi

7/10

Provided by GreatSchools

About Central

Alameda

Central Alameda, located between Park Street and Grand Street, is a residential and waterfront Alameda neighborhood with tree-lined blocks and a classic small-town retail spine. The neighborhood’s character concentrates around the Park St & Central Ave crossroads, where independent cafes, bakeries, boutiques, and sidewalk patios set a steady, walkable rhythm. Architectural cues lean Craftsman bungalows, early-20th-century Victorians, and tidy apartment courts. Alameda Theatre & Cineplex anchors nights out with a restored Art Deco marquee. Park Street’s local institutions—Julie’s Coffee & Tea Garden and The Hobnob—double as everyday meeting points. Shoreline paths and pocket parks keep the island geography present between errands and dinner plans.

Provided by Walk Score and Local Logic

Offer insights

1525 Chestnut St · $1,497,000

Strong offer

$1.58M and above

75% chance or better to win

Why $1.58M+ is a strong offer

DAYS ON MARKET

The average home goes pending in 42 days.

SALE-TO-LIST

Most homes are selling 0% above list price.

About offer insights

Property details

Interior
Exterior
Finance

Kitchen

Bathroom

Bedroom

Living

Interior features
Storage area(s)
Fireplace in some units

Bathrooms
1 bathroom in each of the four units

Laundry & utility
Common-area, coin-operated laundry in the basement
Washer and dryer
Gas water heater

Flooring
Hardwood, tile, and carpet flooring

Heating & cooling
Central heating
No air conditioning

Sale and tax history for 1525 Chestnut St

Sale History
Tax History

Year

Property tax

Land + Additions

Assessment*

2025

$17,969 (+1.7%)

$323,282 + $736,642

$1,059,924

2024

$17,669 (+3.6%)

$316,945 + $722,202

$1,039,147

2023

$17,061 (+2.1%)

$310,731 + $708,043

$1,018,774

2022

$16,705 (+2.3%)

$298,667 + $680,554

$979,221

2021

$16,328 (+1.2%)

$298,667 + $680,554

$979,221

2020

$16,135 (+9.9%)

$292,812 + $667,214

$960,026

2019

$14,680 (+2.4%)

$289,811 + $660,375

$950,186

2018

$14,329 (+4.4%)

$284,130 + $647,430

$931,560

2017

$13,722

$273,101 + $622,298

$895,399

2016

$13,722 (+0.4%)

$273,101 + $622,298

$895,399

2015

$13,664 (+2.7%)

$267,747 + $610,100

$877,847

2014

$13,306 (+0.5%)

$258,562 + $589,170

$847,732

2013

$13,244 (+2.0%)

$258,562 + $589,170

$847,732

2012

$12,983 (+3.9%)

$257,395 + $586,511

$843,906

2011

$12,490 (+13.2%)

$252,350 + $575,015

$827,365

2010

$11,033 (+0.5%)

$247,403 + $563,742

$811,145

2009

$10,973 (+2.8%)

$245,554 + $559,530

$805,084

2008

$10,677

$246,139 + $560,862

$807,001

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

8,034 Sq. Ft.

Year renovated

1939

Finished Sq. Ft.

4,896

Unfinished Sq. Ft.

—

Total Sq. Ft.

4,896

Year built

1939

Style

Multi-Family (2-4 Unit)

County

Alameda County

APN

071 026300400

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Sep 16, 2026.

R-5

General Residential District

It is intended that this district classification be applied in areas where one-, two-, and multifamily dwellings, public buildings, institutions, and certain office uses, if found compatible, may be located to promote a mix of uses.

Permitted uses

Include but are not limited to:

Agriculture
Day care facility
Housing-Single unit
Housing-Multiple units
Housing-Senior
Bed & breakfast
Public service
Educational/school
Library
Park & open space

Feb 13, 2023 • Final

Express plumbing permit - residential

Replace the earthquake valve on a gas meter.

Gas

Plumbing

Water heater

Jun 12, 2017 • Final

Residential - over the counter

Remove and replace wood windows with fiberglass windows at the rear of the building.

Remodel

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

3/10 Heat Factor

7 days above 83° expected this year, 15 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

9/10 Air Factor

16 unhealthy days expected this year, 16 days in 30 years

Provided by First Street

Historical weather

Alameda, CA • 94501

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

79/ 100

Good sunlight

Sunscore

This home receives average direct sun exposure in Alameda. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.

8.9 hrs

5.2 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1525 Chestnut St

$1,517,004

$20K over list price of $1.50M

Nearby comparable homes

The Redfin Estimate uses 6 recent nearby sales, priced between $1.4M to $1.7M.

SOLD AUG 31, 2026
$1,650,000 Last sold price
3 beds2.5 baths2,185 sq ft
1836 Ohlone St, Alameda, CA 94501
$449/sq ft
smaller lot
64 years newer
SOLD MAY 15, 2026
$1,650,000 Last sold price
7 beds4.5 baths4,364 sq ft
1604 Schiller St, Alameda, CA 94501
$72/sq ft
larger lot
16 years older
SOLD APR 21, 2026
$1,650,000 Last sold price
7 beds3 baths3,670 sq ft
1822 Clinton Ave, Alameda, CA 94501
$144/sq ft
larger lot
32 years older
SOLD JUN 15, 2026
$1,412,000 Last sold price
5 beds4 baths2,736 sq ft
1628 Minturn St, Alameda, CA 94501
$210/sq ft
smaller lot
30 years older
SOLD JUL 28, 2026
$1,585,000 Last sold price
3 beds3.5 baths2,287 sq ft
1568 Clement Ave, Alameda, CA 94501
$387/sq ft
smaller lot
77 years newer
SOLD JUN 26, 2026
$1,700,000 Last sold price
5 beds3 baths1,980 sq ft
1712 Paru St, Alameda, CA 94501
$553/sq ft
smaller lot
43 years older

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(310) 254-9424

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Details provided by bridgeMLS, Bay East AOR, or Contra Costa AOR and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Offer insights

Property details

Sale and tax history for 1525 Chestnut St

Public record

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1525 Chestnut St

Early Access listings

Nearby similar homes

New listings for sale in 94501

More real estate resources