1523 Verdi St, Alameda, CA 94501
1523 Verdi St, Alameda, CA 94501
1523 Verdi St, Alameda, CA 94501
1523 Verdi St, Alameda, CA 94501
1523 Verdi St, Alameda, CA 94501
1523 Verdi St, Alameda, CA 94501
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Nicole Tscherneff

Nicole Tscherneff

+1(925) 565-8336
$ 2,395,000
Est. payment | /mo

5,493 SqFt

Save
$ 2,395,000
Est. payment | /mo
Save

5,493 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,493 sqft

Price per Sqft $436

Subdivision Alameda

MLS Listing ID 41110185

HOA Y/N No

Year Built 1890

Lot Size 7,612 Sqft

Acres 0.18

Property Sub-Type Multi Family

Property Description

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.

Location

State CA

County Alameda

Rooms

Basement Partial, Storage Space

Interior

Heating Zoned

Cooling None

Flooring Hardwood, Tile, Vinyl, Carpet

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Individual Electric Meter, Individual Gas Meter

Building

Lot Description Level, Rectangular Lot, Front Yard, Garden, Landscaped

New Construction No

Others

Tax ID 7338912

Bridge MLS
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Jason Pugao • Keller Williams Tri-Valley

Nearby Locations

Nicole Tscherneff

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(925) 565-8336

nicole@nicolealexishomes.com

39899 Balentine Dr. Suite 200, Newark Ca. 94560

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1523 Verdi St