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
Baths0.0

Monthly Estimate*

$ 15,566

Listed by Keller Williams Tri-Valley
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Studio

Multi-Family Home for sale in Alameda, CA

for $2,495,000. This home was built in 1890 on a lot size of 0.1747.

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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Multi-Family Active

Price

$ 2,495,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1747

Year Built

1890

Town/City

Alameda

County/Region

Alameda

MLS | Web ID

41110185

Days on Market

97

Features
General
Heating Forced Air
Cooling None
Roof Shingle
Appliances Gas Water Heater
HOA Fee 0
Construction Materials Vinyl Siding Wood Siding
Year Built 1890
Tenant Pays Gas
County Alameda
Property Type Residential Income
Subdivision Name ALAMEDA
Status Active
Directions Webster St - Lincoln Ave - Ver Cross Street: Lincoln Ave.
City Alameda
Number Of Units Total 6
Lot Size Units Square Feet
Lot Size Square Feet 7612
Standard Status Active
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Interior
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Lot Features Street Level
Total Parking 0
Lot Size Area 7612
Lot Size Acres 0.1747
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* Excluded Features
List By
Keller Williams Tri-Valley

Broker

jason@thejpregroup.com

Email

Affordability Calculator

$15,566
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Monthly Principal & Interest
$15,566
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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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/20/2025$2,495,000 Listed Price

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1523 Verdi St, Alameda, CA, 94501 is a Multi-Family Home for sale at $2,495,000 with a lot size of 0.1747. 1523 Verdi St is a studio with 0.0 baths and was built in 1890. The property's zip code is 94501 which is in Alameda, CA