$2,995,000
OPEN WED 11AM - 12:30PM

1523 Verdi St Alameda, CA 94501

West Alameda Neighborhood

Estimated payment $19,187/month

Total Views 187
-- Bed
-- Bath
5,493 Sq Ft
$545 Price per Sq Ft

Highlights

  • Wood Flooring
  • No HOA
  • Garden
  • Maya Lin School Rated A-
  • Zoned Heating
  • Garage

About This Home

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, 1525 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 Agent

Jason Pugao

Keller Williams Tri-valley License #01908325 Listed on: 09/03/2025

Keller Williams Tri-valley

Co-Listing Agent

Guy Blume

Kw Advisors East Bay License #01766434

Open House Schedule

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 7,612 Sq Ft Lot
  • Garden
  • Front Yard

Home Design

  • Composition Shingle Roof
  • Wood Siding
  • Vinyl Siding

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Parking

  • Garage
  • On-Street Parking
  • Assigned Parking

Utilities

  • No Cooling
  • Zoned Heating

Community Details

  • No Home Owners Association
  • Alameda Subdivision

Listing and Financial Details

  • Assessor Parcel Number 7338912

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Year Built: 1890
  • Property Sub Type: 5 or More Units
  • Prop. Type: Commercial Sale
  • Co List Office Mls Id: SAEK01
  • Subdivision Name: Alameda
  • Directions: Webster St - Lincoln Ave - Ver
  • Garage Yn: Yes
  • Special Features: OpenHouse

Interior Features

  • Flooring: Hardwood, Tile, Vinyl, Carpet

Exterior Features

  • Roof: Composition Shingles
  • Lot Features: Level, Rectangular Lot, Front Yard, Garden, Landscaped
  • Construction Type: Vinyl Siding, Wood Siding

Garage/Parking

  • Parking Features: Garage, Assigned, On Street

Utilities

  • Heating: Zoned
  • Cooling: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7612
  • Parcel Number: 7338912

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2025 09/03/25 For Sale $2,995,000 +36.4% $545 / Sq Ft
02/04/2025 02/04/25 Off Market $2,195,000 -- --
05/20/2021 05/20/21 Sold $2,195,000 -3.7% $415 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $2,280,000 +14.0% $431 / Sq Ft
06/07/2017 06/07/17 Sold $2,000,000 0.0% $378 / Sq Ft
03/27/2017 03/27/17 Pending -- -- --
11/28/2016 11/28/16 For Sale $2,000,000 -- $378 / Sq Ft
Source: Bay East Association of REALTORS®

Source: Bay East Association of REALTORS®

MLS Number: 41110185

Bay East Association of REALTORS®

APN: 73-389-12

California Alameda County Alameda 94501 West Alameda

1523 Verdi St, Alameda, CA

This home is located at 1523 Verdi St, Alameda, CA 94501 and is currently priced at $2,995,000, approximately $545 per square foot. This property was built in 1890. 1523 Verdi St is a home located in Alameda County with nearby schools including Maya Lin School, Encinal Junior/Senior High, and Will C. Wood Middle School.

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Bay East Association of REALTORS® Bay East ©2025. CCAR ©2025. bridgeMLS ©2025. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Jason Pugao
Listing Agent
Jason Pugao
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Keller Williams Tri-valley
(341) 208-7376