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$3,445,000
1049 43rd Street, Emeryville, CA, 94608
7,218
Square Feet
The subject property consists of three multifamily buildings totaling 7,218 square feet, situated on a 13,342 square foot parcel, with a total of 12 1-bedroom, 1-bathroom units. With 8 of 12 units already renovated, these spacious and sophisticated unit renovations showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property benefits significantly from very low vacancy, tremendous tenant demand, and premium rental rates. With strong in-place cashflow, the property can achieve both attractive financing and significant cash flow upside with additional unit turnover.
Offered By
NAI Northern California
Property Details
Property Type
Multi-Family
Status
Active
Property Sub Type
5 or More Units
Square Feet
7,218
MLS #
41049529
Flooring
None
Heating
Natural Gas
Cooling
None
Utility Features
No Water/Sewer
SEWER
None
WATER SOURCE
None
Year Built
1943
Basement
None
Parking Features
None
Lot Features
Regular
View
Other
CITY
Emeryville
COUNTY
Alameda
AREA
Listing
STATE
CA
LATEST UPDATE
2024-03-27T08:22:06.377Z
PRICE CHANGE(S)
$3,595,000 Feb 12, 2024
$3,445,000 Mar 21, 2024
Property Details
Property Type
Multi-Family
Status
Active
Property Sub Type
5 or More Units
Square Feet
7,218
MLS #
41049529
New Properties On Market
56
300%
Increase In New Listings
Average Asking Price
$705,020
$57,618 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$360
$75 Increase In List Price/Sq. Ft.
Data as of May 05, 2024.
Remaining statistics above are calculated on activity within the period from Mar 01, 2024 to Apr 30, 2024.
Mortgage Calculator
The information provided by this calculator is for illustrative purposes only and accuracy is not guaranteed. The values and figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. This calculator does not have the ability to pre-qualify you for any mortgage or loan program. Qualification for mortgages or loans requires additional information such as credit scores and existing debts which is not gathered in this calculator. Information such as interest rates and pricing are subject to change at any time and without notice. All information such as interest rates, taxes, insurance, monthly mortgage payments, etc. are estimates and should be used for comparison only.
Purchase Price
Loan Type
Down Payment
HOA Dues
Interest Rate
Estimated Property Taxes
Homeowner's Insurance
Private Mortgage Insurance
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2024 (date the AOR/MLS data was obtained). 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.
Based on information from this brokerage/Association of REALTORS® (alternatively, from the East Bay Regional Data MLS) as of 2021 (date the AOR/MLS data was obtained). 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.