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1523 Verdi St, Alameda, CA 94501

Alameda
Local realty services provided by:CENTURY 21 Discovery
1523 Verdi St,Alameda, CA 94501
$2,395,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason pugao, guy blume
Office: keller williams tri-valley925-397-4200
MLS#:41110185
Source:CRMLS

Price summary

  • Price:$2,395,000

About this home

This turn-key multifamily property (5 units plus a permitted ADU) combines strong in-place income with long-term upside. Ideally located near HWY 880, BART, bus lines, and the ferry, the property attracts steady rental demand and offers convenience for tenants and stability for investors. The front building is a classic Victorian with four well-maintained units, while the rear ADU (1525 and 1527 Verdi) provides additional income, each with its own garage. One unit, 1527 Verdi, is currently vacant—an opportunity to capture market rents immediately or utilize as an owner’s unit. Income is further supplemented by on-site coin-operated laundry. Recent capital improvements add to the property’s long-term value, including a new concrete foundation, tankless water heater, exterior paint, renovated storage area, new mailboxes, new deck and roof above 1527, plus several fully renovated interiors. With its combination of historic charm, modern upgrades, and strong tenant base, this asset offers...

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Home facts

  • Year built:1890
  • Subdivision & Development:ALAMEDA
  • Listing ID #:41110185
  • Added:355 day(s) ago
  • Updated:August 25, 2026 at 11:02 AM

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Roof:Shingle
  • Year built:1890
  • Lot area:0.17 Acres
  • Lot Features:Street Level
  • Construction Materials:Vinyl Siding, Wood Siding

Finances and disclosures

  • Price:$2,395,000

Features and amenities

  • Amenities:Gas Water Heater
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