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1523 Verdi St

Alameda, CA 94501
  • $2,395,000
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: 41110185
$2,395,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1890
County:

School Ratings & Info

Listing Agent(s): Jason Pugao of Keller Williams Tri-Valley (925-397-4200) and Guy Blume of ()


Description

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 both immediate cash flow and future appreciation potential—an ideal addition to any investment portfolio.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
www.hometownnorthcounty.com/homes/167570393
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1523 Verdi St Alameda, CA 94501

  • Price: $2,395,000
  • Status: Active
  • On Site: 193 Days
  • ID#: 41110185
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1890
Built
Neighborhood:
Alameda
County:
Alameda
Property Description
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 both immediate cash flow and future appreciation potential—an ideal addition to any investment portfolio.
Exterior Features

Construction Materials Vinyl SidingWood Siding Lot Features Street Level Parking Total 0 Roof Shingle

Interior Features

Appliances Gas Water Heater Cooling None Cooling YN Yes Heating Forced Air Heating YN Yes

Property Features

Association Fee 0 Listing Service Full Service Tenant Pays Gas



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-16T00:26:03.207. 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 deemed reliable but is not guaranteed accurate by the MLS or eXp Realty of California Inc.. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_375120340-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_375120340-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_375120340-2.jpg
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eXp Realty of California Inc.
2603 Camino Ramon Suite 200
San Ramon CA, 94583
Listing Agent(s): Jason Pugao of Keller Williams Tri-Valley (925-397-4200) and Guy Blume of ()