Two Homes, One Opportunity. Welcome to Central Alameda, where charm meets flexibility. 1419–21 Chestnut Street offers a rare and desirable setup: two separate two-bedroom, one-bath homes on one lot, ideal for multigenerational living, rental income, or a hybrid of both. Both houses are filled with character, featuring wood beam ceilings, hardwood floors, built-in shelving, fireplaces, and in-unit laundry. The front home (1419) is a spacious split-level with two large bedrooms and its own private outdoor space. The rear home (1421) features a bright, single-level layout with natural light and direct access to a private courtyard oasis, ideal for relaxing or entertaining. Whether you’re living in one and renting the other, co-purchasing with family, or simply investing in a flexible, income-producing property, this is a move-in-ready opportunity with long-term upside. Each unit is currently rented at $2,290 per month, with room for future growth. Located just minutes from Park Street, top schools, and commuter options, 1419–21 Chestnut is an Alameda gem.
Property Details
Price:
$1,100,000
MLS #:
41102455
Status:
Active
Baths:
0
Type:
Residential Income
Subtype:
Single Family Residence
Listed Date:
Jun 23, 2025
Lot Size:
4,264 sqft / 0.10 acres (approx)
Year Built:
1947
See this Listing
Schools
Interior
Flooring
Laminate, Tile, Wood
Heating
See Remarks
Laundry Features
Dryer Included, Washer Included
Exterior
Construction Materials
Stucco
Parking Features
Garage
Parking Spots
4.00
Financial
Map
Community
- Address1421 Chestnut St Alameda CA
- CityAlameda
- CountyAlameda
- Zip Code94501
Subdivisions in Alameda
- ALAMEDA
- BAY FARM
- BAY FARM ISLAND
- BAY PORT
- BAYFASLAND
- BRITTANY HARBOR
- CENTRAL
- CENTRAL ALAMEDA
- CENTRALALA
- CLIPPER COVE
- EAST END
- EAST END/PARK ST
- FREEPORT
- GOLD COAST
- GOLD COAST EDGE
- HARBOR BAY
- HARBOR BAY ISLE
- ISLANDIA
- MARINA VILLAGE
- MARINA/FERNSIDE
- NEAR SOUTHSHORE
- NORTHSIDE
- PARK ST DISTRICT
- PARK WEBSTER
- SHOREPOINT COURT
- SOUTH SHORE
- SOUTHSHORE
- STONEHENGE
- WEST ALAMEDA
- WEST END
Market Summary
Current real estate data for Residential Income in Alameda as of Oct 21, 2025
32
Residential Income Listed
161
Avg DOM
$1,711,062
Avg List Price
Property Summary
- 1421 Chestnut St Alameda CA is a Residential Income for sale in Alameda, CA, 94501. It is listed for $1,100,000
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