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    Verdi St Alameda, CA 94501

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    For Sale
    $2,495,000

    Multifamily property with income, upside, and convenient location.

    Property size:
    5,493 SF
    Lot size:
    0.18 Acres

    Property Features for Verdi St

    General Information

    Standard status
    Active
    Size
    5,493 SF
    Lot size
    0.18 Acres

    Building Details

    Year built
    1890

    Source: KELLER WILLIAMS TRI-VALLEY Agent JASON PUGAO

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key Multifamily Property with ADU

    This multifamily property features five units plus a permitted Accessory Dwelling Unit (ADU). Located near Highway 880, BART, bus lines, and the ferry, the property benefits from steady rental demand. The front building is a Victorian structure with four units. The rear ADU provides additional income, and each unit has its own garage. One unit is currently vacant, presenting an opportunity to capture market rents or utilize as an owner’s unit. On-site coin-operated laundry supplements the income. Recent capital improvements include a new concrete foundation, tankless water heater, exterior paint, renovated storage area, new mailboxes, a new deck, and a new roof above one of the units, plus several fully renovated interiors. The property is 5493 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Alameda
    County
    Alameda
    State
    California
    Longitude
    -122.26694
    Latitude
    37.7731769

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    FAQs

    What type of property is this?
    Apartment building - Multifamily property with income, upside, and convenient location.
    Where is this apartment building located?
    The property is located at 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, providing strong in-place income.; - Ideally located near HWY 880, BART, bus lines, and the ferry, attracting steady rental demand.; - **One vacant unit offers immediate opportunity to capture market rents or use as an owner's unit.**
    (925) 397-4200
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    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
    Verdi St Alameda, CA 94501
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