1523 Verdi St Alameda, CA $ 2,495,000
1523 Verdi St
$ 2,495,000
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1523 Verdi St

Alameda, CA, 94501
$ 2,495,000
Bedrooms9 Baths7.0 Sq 5,493

Monthly Estimate*

$ 15,566

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Commercial Property for sale in Alameda, CA

for $2,495,000 with 9 bedrooms and 7 full baths. This 5,493 square foot building was built in 1890 on a lot size of 0.174747.

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.

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Commercial Active

Price

$ 2,495,000

Bedrooms

9

Full Bath

7

Property Type

Commercial

Taxes

$ 0

Style

5 or More Units

Lot Size

0.174747

Year Built

1890

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41110185

Features
General
Living Area 5493
Heating Zoned
Cooling None
Utilities Individual Electric Meter Individual Gas Meter
Roof Composition Shingles
Construction Materials Vinyl Siding Wood Siding
Year Built 1890
Property Subtype 5 or More Units
County Alameda
Property Type Commercial Sale
HOA N
Subdivision Name Alameda
Garage Y/N Yes
Status Active
Directions Webster St - Lincoln Ave - Ver
City Alameda
MLS Area Listing
Lot Size Square Feet 7612
Standard Status Active
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Interior
Flooring Hardwood Tile Vinyl Carpet
Air Conditioning Y/N No
Heating Y/N Yes
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Exterior
Parking Features Garage Assigned On Street
Lot Features Level Rectangular Lot Front Yard Garden Landscaped
Lot Size Area 7840.8
Building Area Total 5493
Lot Size Acres 0.18
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Internal Only
Street Number 1 1523
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* Excluded Features
List By
Jason Pugao

Listing Agent

Keller Williams Tri-Valley

Broker

jason@thejpregroup.com

Email

Affordability Calculator

$15,566
Per Month
100%
0%
0%
Monthly Principal & Interest
$15,566
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
806588 Elementary School
806593 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/13/2025$2,495,000 -9.27% Price Down
10/2/2025$2,750,000 -8.18% Price Down
9/3/2025$2,995,000 Listed Price

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1523 Verdi St, Alameda, CA, 94501 is a Commercial Property for sale at $2,495,000 with 5,493 sqft and a lot size of 0.174747. 1523 Verdi St has 9 bedrooms, 7.0 baths, and was built in 1890. The property's zip code is 94501 which is in Alameda, CA