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    1523 Verdi St Alameda, CA 94501

    For Sale
    $2,495,000

    5 or More Units - Alameda, CA

    Property size:
    5,493 SF
    Days on Market:
    27
    Last Refresh:
    Dec 15 at 9:06 am

    Property Features for 1523 Verdi St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Exterior features
    Level, Rectangular Lot, Front Yard, Garden, Landscaped
    Size
    5,493 SF

    Utilities

    Heating system
    Zoned (Heating)

    Building Details

    Year built
    1890
    Flooring type
    Carpet, Hardwood, Tile, Vinyl
    Building materials
    Vinyl Siding, Wood Siding
    Roof type
    Composition, Shingle
    Architectural style
    Other

    Keller Williams Tri Valley Realty (925) 397-4200 [email protected]

    Listing agent Jason Pugao (925) 397-4200

    Listing date Nov 19, 2025

    MLS# 41110185 Listing URL

    Copyright © 2025 Bay East. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Multifamily Property Near HWY 880

    This turn-key multifamily property features 5 units plus a permitted ADU. Ideally located near HWY 880, BART, bus lines, and the ferry, the property attracts steady rental demand. The front building is a classic Victorian with four well-maintained units. The rear ADU provides additional income, each with its own garage. One unit is currently vacant, presenting 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, plus several fully renovated interiors. The property is located in Alameda, CA, and has a total size of 5493 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.2674007
    Latitude
    37.7738063

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    • $2,499,000
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      Well-Maintained Multifamily Property

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      View Details

    FAQs

    What type of property is this?
    Apartment building - Turn-key multifamily property with income and long-term upside.
    Where is this apartment building located?
    The property is located at 1523 Verdi St Alameda, CA.
    What is the asking price?
    The asking price for this property is $2,495,000.
    What are key features of this property?
    This property features: - Turn-key multifamily property with 5 units plus a permitted ADU provides strong in-place income and long-term upside.; - Ideally located near HWY 880, BART, bus lines, and the ferry, offering convenience for tenants.; - One unit (1527 Verdi) is vacant, presenting an opportunity to capture market rents or use as an owner’s unit.
    (925) 397-4200
    Request Owner's contact information
    1523 Verdi St Alameda, CA 94501
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    Alameda, CA 94501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1523 Verdi St Alameda, CA 94501
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