1523 Verdi St, Alameda, CA 94501
Local realty services provided by:Better Homes and Gardens Real Estate Haven Properties
1523 Verdi St,Alameda, CA 94501
$2,750,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:jason pugao
Office:keller williams tri-valley
MLS#:41110185
Source:CRMLS
Price summary
- Price:$2,750,000
About this home
Open house scheduled for Friday, September 5, 10, 12 and 17th from 11am to 12:30pm. 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.
Contact an agent
Home facts
- Year built:1890
- Listing ID #:41110185
- Added:41 day(s) ago
- Updated:October 02, 2025 at 08:29 PM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1890
- Lot area:0.17 Acres
Finances and disclosures
- Price:$2,750,000
New listings near 1523 Verdi St
- New$1,195,000Active3 beds 2 baths2,235 sq. ft.
1818 Fremont Dr, Alameda, CA 94501
MLS# 41114526Listed by: EXP REALTY OF CALIFORNIA INC. - New$2,100,000Active13 beds -- baths5,482 sq. ft.
2057 Central, Alameda, CA 94501
MLS# 41114710Listed by: JAMIE LATTERI BROKER - New$1,178,000Active3 beds 3 baths2,072 sq. ft.
477 Mitchell Ave, Alameda, CA 94501
MLS# 41114680Listed by: KW ADVISORS EAST BAY - New$1,600,000Active-- beds -- baths
2216 Santa Clara Ave, Alameda, CA 94501
MLS# 41114507Listed by: COLDWELL BANKER - New$1,000,000Active3 beds 3 baths1,725 sq. ft.
Address Withheld By Seller, Alameda, CA 94502
MLS# 41114488Listed by: EASTSIDE WEST - New$875,000Active2 beds 2 baths1,028 sq. ft.
3530 Depassier Way, Alameda, CA 94502
MLS# 41114491Listed by: BHHS DRYSDALE PROPERTIES - New$789,888Active1 beds 1 baths798 sq. ft.
2417 Marti Rae Ct, Alameda, CA 94501
MLS# 41114357Listed by: THE GRUBB COMPANY - NewListed by BHGRE$669,000Active2 beds 2 baths1,078 sq. ft.
2106 Otis Dr #D, Alameda, CA 94501
MLS# 41113562Listed by: COMPASS - New$1,950,000Active3 beds 3 baths2,784 sq. ft.
608 Fortress Isle, Alameda, CA 94501
MLS# 41114326Listed by: COMPASS - New$1,495,000Active3 beds 3 baths1,716 sq. ft.
3012 Bayview Dr, Alameda, CA 94501
MLS# 41113684Listed by: COMPASS