1. California
2. Alameda
3. 1523 Verdi St

1523 Verdi St, Alameda, CA 94501

Property Description

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.

Listing Status:

Active

Date Added:

September 3, 2025 at 05:00AM

Listing Office:

Keller Williams Tri-Valley : 925-397-4200

Listing Agent:

Jason Pugao : 925-397-4200

MLS ID:

41110185

Interior

• Appliances: Gas Water Heater
• A/C: None
• Heating: Forced Air

Exterior

• Parking: Parking spaces: 0

Construction

• Roofing: Shingle
• General: Vinyl SidingWood Siding

Location

• HOA Amenities: 0.0
• Originating MLS: CRMLS_CCBE
• County: Alameda

Lot

• Zoning: 7338912

Financial

• Source: CRMLS_CCBE

This listing courtesy of Jason Pugao, Keller Williams Tri-Valley