1523 Verdi St, Alameda, CA 94501

Alameda
Local realty services provided by:ERA Excel Realty
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:346 day(s) ago
  • Updated:August 16, 2026 at 01:18 PM

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

  • Appliances:Gas Water Heater
Based on information from California Regional Multiple Listing Service, Inc. as of August 16, 2026 . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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