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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 : ResidentialIncome

Price : $2,395,000

AD Id : 86165661

MLS Id : 41110185

Lot Size : 7,612 Sqft

Year Built : 1890

County : Alameda

Subdivision: Fallbrook

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Feature Features

  • Interior Features

    Roof: Shingle
    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: None

  • Building Information

    Year Built: 1890
    Construction Materials: Vinyl Siding, Wood Siding
    Private Pool: No

  • Lot Information

    Main Square Feet: 7612 Lot Size Acres: 0.1747 Lot Size Square Feet: 7,612 Lot Description: Street Level

    Property Information

    Subdivision: ALAMEDA Source Property Type: Residential Income Property Age: 136

  • Listing Price Information

    Listing Price: $2395000
    Original Price: $2995000

  • Tax Information

    Parcel Number: 7338912

  • Location Information

    Direction: Cross Street: Lincoln Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Clay Street, Alameda, CA, 94501 $1,300,000 2 1 1,290 1,290 SqFt
Sentinel Drive, Alameda, CA, 94501 $859,500 2 1 1,066 1,066 SqFt
638 Eucalyptus Way, Alameda, CA, 94501 $1,449,000 4 4 2,377 2,377 SqFt
Sentinel Drive, Alameda, CA, 94501 $761,700 2 2 1,066 1,066 SqFt
Bryant Avenue, Alameda, CA, 94501 $1,989,999 5 4 3,743 3,743 SqFt
3125 31293131 Fernside .., Alameda, CA, 94501 $1,850,000 4 4 --
3244 Fernside Blvd, Alameda, CA, 94501 $1,199,000 3 2 1,423 1,423 SqFt
1410 Pearl St., Alameda, CA, 94501 $995,000 2 1 1,332 1,332 SqFt
Everett St, Alameda, CA, 94501 $899,000 2 2 2,255 2,255 SqFt
3208 Washington St, Alameda, CA, 94501 $1,300,000 5 3 2,357 2,357 SqFt

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ByOwner last updated this listing 08/21/2026 @ 09:35

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

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