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.
MLS #
BE41110185
MLS Source
Bay East
Days on Site
16
Flooring
Carpet - Wall to Wall, Hardwood, Tile, Vinyl
Cooling
None
Heating
Heating - 2+ Zones
Roof
Composition
Garage/Parking
Assigned Spaces, Garage: Car(s)
Water
Public
Listing Agent
Jason Pugao
Keller Williams Tri-Valley
License #: 01908325
Phone: (510) 472-6916
Co-Listing Agent
Guy Blume
License #: 01766434
Phone: (510) 846-4687
# Buildings | # Leased Units | # Total Units |
---|---|---|
– | – | 6 |
Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
---|---|---|---|---|---|---|
1 | – | 2 | 0/0 | $2,507 | – | – |
2 | – | 2 | 0/0 | $4,400 | – | – |
3 | – | 2 | 0/0 | $2,090 | – | – |
4 | – | 0 | 0/0 | $1,750 | – | – |
5 | – | 3 | 0/0 | $3,200 | – | – |
1523 Verdi St is a Residential Income in Alameda, CA 94501. This 5,493 square foot property sits on a 7,612 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,995,000 and was built in 1890.
This address can also be written as 1523 Verdi St, Alameda, CA 94501.©2025 Bay East. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from Bay East.
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This listing information is up-to-date as of September 18, 2025. For the most current information, please contact Jason Pugao, (510) 472-6916