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.