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Intero Real Estate Services
1523 Verdi Street, Alameda, CA 94501
- $2,200,000
Listed by Jason Pugao, (510) 472-6916 from Keller Williams Tri-Valley
(If provided) CoList: Nicholas Oh from Keller Williams Tri-Valley
- List Price
- $2,200,000
- MLS#
- BE41153164
- Status
- ACTIVE
- Lot Size
- 7,612
- Listing Area
- Alameda Map Area 3
- Year Built
- 1890
Property Description
***100% Occupied*** 1523-1527 Verdi Street is a six-unit multifamily asset in Alameda's West End, on a roughly 7,612 SF lot (0.17 AC) in the Encinal Park area. There is about 5,493 SF of livable area across two structures. The detached rear building holds two units (1525 and 1527 Verdi), and each has its own private garage. The seller invested over $600,000 into the property, which cuts near-term capital needs for a new owner. Work includes a new concrete foundation, a tankless water heater, fresh exterior paint, a renovated storage area, new mailboxes, and a new deck and roof over 1527. Several units have fully renovated interiors. Tenants pay their own utilities through separate electric and gas meters, and coin-operated laundry on site adds income. The location supports steady rental demand. Webster Street's shops and restaurants are a short walk away, and Maya Lin Elementary is about 0.2 miles from the property. Commuters can reach the Posey/Webster Tubes to Oakland and I-880, the Alameda ferry to San Francisco, and AC Transit bus lines. College of Alameda and the Alameda Point redevelopment are nearby. The property combines historic character, recent capital improvements, and value-add opportunities in one of the East Bay's most supply-constrained rental markets.
Additional Information
- Acres
- 0.18
- Amenities
- Balcony/Patio
- Cooling System
- None
- Exterior Features
- Siding - Vinyl, Siding - Wood
- Floor Covering
- Tile, Vinyl, Carpet - Wall to Wall, Hardwood
- Garage Parking
- Assigned Spaces
- Heating System
- Heating - 2+ Zones
- Lot Description
- Grade - Level, Regular
- Lot Size
- 7,612
- Neighborhood
- Alameda Map Area 3
- Numberof Units
- 6
- Other Rooms
- Basement - Storage Area, Basement - Partial
- Roof
- Composition
- Unincorporated Yn
- Yes
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The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Intero Real Estate Services are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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