1523 Verdi St, Alameda, CA — listing photo 1
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FOR SALE

1523 Verdi St

Alameda, CA 94501
7,612 Lot Sq Ft
Built 1890
$2,395,000
Price ReducedWas $2,995,000 — $2,395,000 (-$600,000)

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1890
Lot size
7,612 sq ft
Days on market
288
MLS status
Active

Features & Amenities

Appliances

  • Gas Water Heater

Lot

  • Street Level

Community, Schools & Utilities

Community

Subdivision
ALAMEDA

Utilities

Heating
ForcedAir
Cooling
None
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Location & Neighborhood

1523 Verdi St

Alameda, CA 94501

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Frequently Asked Questions About 1523 Verdi St

Property type: Residential Income

The current asking price is $2,395,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 1523 Verdi St. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1890. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Alameda, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Alameda property.
The MLS currently reports the property as Active. It has been listed for 288 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Jason Pugao
MLS ID: CCBE-183507095

Available property

$2,395,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.