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1220 Chestnut St, Alameda, CA 94501

List Price: $1,388,000On Market FlagOn market
Aug 18, 20253,115 sqft6 beds0 baths
Listed by: Ron Hariri
License #: 02159571
Phone #: 925-297-5519
RE/MAX Accord
Source:
CRMLS Logo
MLS #: 41107987

Property Description

Unit A pictured only. Charming Alameda Triplex , a well-maintained and upgraded rental property in the heart of central Alameda. Offering 3115 sq.ft. of living space on a 3,500 sq.ft. lot, this versatile property includes three separately metered units. Unit A (vacant): A spacious 3-bedroom, 1-bath main-level flat with living space below adding 3 more rooms and 2 full bathrooms, ideal for extended living, guest quarters, office, or storage. Rented Unit B and C each has 1 Bedroom with 1 bath and a bonus attic room. Combined current rent for Units B & C is $2,950/month, with upside potential in leasing large Unit A. Below Unit A are 3 rooms and 2 full bathrooms and connected to Unit A with internal stairs, also separate backyard entries. Upgrades include a concrete foundation, modern plumbing, and updated electrical, dual-pane windows. Each unit has separate gas and electric meters, plus dedicated house meters for owner’s common-area use. A detached garage is used for owner storage and houses coin-operated laundry for tenant use. No off-street parking, but easy street parking and an ultra-convenient location more than make up for it. Just steps from Chestnut-Encinal Market, and the beloved Blue Dot Café. Minutes to downtown Park Street, Alameda Landing, parks, transit, ferry.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

$20,997

TurboHome Estimated Value

$1,393,900

$447 sqft

High Valuation
$1,463,595
$470/sqft
Normal Valuation
$1,393,900
$447/sqft
Low Valuation
$1,324,205
$425/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$447/sqft$1,393,900

Neighborhood

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Comparative Value

$955K

$1.00M

$1.39M

2102 Buena Vista Ave, Alameda, CA 94501

Sale Price: $955,000

Selected Comparable

2007 Lincoln Ave, Alameda, CA 94501

Sale Price: $1,005,000

Selected Comparable

1220 Chestnut St, Alameda, CA 94501

List Price: $1,388,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
1220 Chestnut St, Alameda, CA 94501

1220 Chestnut St, Alameda, CA 94501

List: $1,388,000

Listed: 8/18/2025

Area:3,115 sqft
Price/sqft:$446
Beds:6
Baths:
Year Built:
Lot Size:3,500

Comparable Properties

COMPARABLE
Choose comps
2007 Lincoln Ave, Alameda, CA 94501

2007 Lincoln Ave, Alameda, CA 94501

Sale: $1,005,000

11/25/20240.30 mi

Area:3,195 sqft
Price/sqft:$315
Beds:6
Baths:
Year Built:
Weight:54.6%
2102 Buena Vista Ave, Alameda, CA 94501

2102 Buena Vista Ave, Alameda, CA 94501

Sale: $955,000

4/24/20250.44 mi

Area:2,919 sqft
Price/sqft:$327
Beds:5
Baths:
Year Built:
Weight:45.4%

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