1523 Verdi St, Alameda, CA 94501 | MLS #41110185 | PMZ Real Estate

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
  • 299 days on site
  • 0 views

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.

Source: bridgeMLS, MLS#: 41110185

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
  • Property Type
    Commercial Sale
  • Lot
    0.18 acres

Get in Contact

Would you like to know more about this property? We're here to help! Let's connect and find what you're looking for.

Kimm Kennedy

Create a profile so you can receive updates on this property as soon as they happen!

  • Median Age
    40
  • Population Density
    5,653
  • College Educated
    61%
  • Estimated Median Income
    $96,014
  • Estimated Total Home Owners
    10,423
  • Estimated Total Renters
    15,054
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    2
  • Total Population
    64,487
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
%
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1523 Verdi St

Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
2/2/2026Source: bridgeMLS Status Change
Active
1/26/2026Source: CRMLS Price Reduction
$2,395,000 -4.0%
1/26/2026Source: bridgeMLS Price Reduction
$2,395,000 -4.0%
1/26/2026Source: bridgeMLS Status Change
Price Change
1/19/2026Source: bridgeMLS Status Change
Active
1/12/2026Source: bridgeMLS Status Change
Back on Market
11/20/2025Source: bridgeMLS Status Change
Active
11/13/2025Source: CRMLS Price Reduction
$2,495,000 -9.3%
11/13/2025Source: bridgeMLS Price Reduction
$2,495,000 -9.3%
11/13/2025Source: bridgeMLS Status Change
Price Change
10/9/2025Source: bridgeMLS Status Change
Active
10/2/2025Source: CRMLS Price Reduction
$2,750,000 -8.2%
10/2/2025Source: bridgeMLS Price Reduction
$2,750,000 -8.2%
10/2/2025Source: bridgeMLS Status Change
Price Change
9/10/2025Source: bridgeMLS Status Change
Active
9/3/2025Source: CRMLS Added to Database
September 03, 2025
9/3/2025Source: bridgeMLS Added to Database
September 03, 2025
12/23/2022Source: CRMLS Added to Database
December 23, 2022
Listing provided courtesy of Keller Williams Tri-Valley- MLS# 41110185MLS Provider