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1523 Verdi St

Alameda, CA 94501
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Bed 0

Bed

Bath 0

Bath

SqFt7,612

Sqft(Lot)

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, renovate d 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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Detail Ic Property Details

Property Type : Residential Income

Price : $2,395,000

AD Id : 74057207

MLS Id : 41110185

Lot Size : 7,612 Sqft

Year Built : 1890

County : Alameda

Subdivision: Fallbrook

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Feature Features

  • Bathroom Information

    Total Baths: 0
  • Interior Features

    Roof: Shingle Property Appliances: Gas Water Heater
  • Cooling Features

    None Air Conditioning

    Heating Source

    Forced Air Has Heating

  • Building Information

    Year Built: 1890 Construction: Vinyl Siding,Wood Siding Roof: Shingle

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1747
  • Lot Size Source: Vendor Enhanced Lot Size Square Feet: 7612

  • Listing Price Information

    Original List Price: 2,395,000 Listing Contract Date: 2025-09-03

  • Tax Information

    Parcel Number: 7338912

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: Directions: Webster St - Lincoln Ave - Ver Cross Street: Lincoln Ave. Source Property Type: Residential Income
  • Building and Construction

    Property Age: 136 Year Built Source: Vendor Enhanced
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Webster Street #202, Alameda, CA, 94501 $386,000 1 1 701 701 SqFt
Webster Street #202, Alameda, CA, 94501 $386,000 1 1 701 701 SqFt
1815 Balsa St, Alameda, CA, 94501 $1,020,000 3 3 1,727 1,727 SqFt
2031 Otis Dr #H, Alameda, CA, 94501 $396,000 1 1 798 798 SqFt
1401 Cottage St #D, Alameda, CA, 94501 $605,000 2 2 1,163 1,163 SqFt
9 Regulus Court, Alameda, CA, 94501 $1,485,000 4 4 2,842 2,842 SqFt
325 Kitty Hawk Rd #UNIT.., Alameda, CA, 94501 $489,000 2 1 771 771 SqFt
489 Diller Street, Alameda, CA, 94501 $993,888 3 3 1,784 1,784 SqFt
2829 Tradewind Ct, Alameda, CA, 94501 $785,000 2 1 1,000 1,000 SqFt
1333 Webster St #A107, Alameda, CA, 94501 $398,000 1 1 701 701 SqFt

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ByOwner last updated this listing 06/05/2026 @ 10:53

MLS: 41110185 LISTED BY: Jason Pugao, Keller Williams Tri-Valley 925-397-4200 SOURCE: CRMLS

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