1523 Verdi Street

Property Overview

***100% Occupied*** 1523–1527 Verdi Street is a six-unit multifamily asset in Alameda’s West End, on a roughly 7,612 SF lot (0.17 AC) in the Encinal Park area. There is about 5,493 SF of livable area across two structures. The detached rear building holds two units (1525 and 1527 Verdi), and each has its own private garage. The seller invested over $600,000 into the property, which cuts near-term capital needs for a new owner. Work includes a new concrete foundation, a tankless water heater, fresh exterior paint, a renovated storage area, new mailboxes, and a new deck and roof over 1527. Several units have fully renovated interiors. Tenants pay their own utilities through separate electric and gas meters, and coin-operated laundry on site adds income. The location supports steady rental demand. Webster Street’s shops and restaurants are a short walk away, and Maya Lin Elementary is about 0.2 miles from the property. Commuters can reach the Posey/Webster Tubes to Oakland and I-880, the Alameda ferry to San Francisco, and AC Transit bus lines. College of Alameda and the Alameda Point redevelopment are nearby. The property combines historic character, recent capital improvements, and value-add opportunities in one of the East Bay’s most supply-constrained rental markets.

Home Details

Property type: Residential Income
Year built: 1890
Lot size: 7,612 sq ft
Days on market: 1
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

Alameda, CA 94501

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Frequently Asked Questions About 1523 Verdi Street

Property type: Residential Income

The current asking price is $2,200,000. 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 Street. 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 1 days. Status can change, so verify availability before relying on it.