1523 Schiller Street represents an extremely rare opportunity to acquire a 10-unit multifamily asset on one of Alameda's most coveted blocks, steps from downtown. Originally built in 1968, the property features eight (8) massive 3-bedroom/2-bathroom floor plans at over 1,000 square feet each, along with two (2) large 1-bedroom/1-bathroom layouts. Many units have recently undergone extensive renovation, including high-end kitchens and bathrooms, waterproof LVT flooring, and upgraded electrical panels. The exterior has also gone through major upgrades including new paint, fencing, modern landscaping, wood siding, and a full seismic retrofit in the parking area to comply with Alameda's city ordinance.