1049 43rd Street, Emeryville, CA 94608
- $3,195,000
- List Price
- $3,195,000
- Status
- ACTIVE
- Days on Market
- 16
- MLS#
- 41146335
- Subtype
- Residential Income
- Year Built
- 1943
- Lot Size
- 13,342
- Acres
- 0.31
- Subdivision
- Emeryville
- Neighborhood
- Emeryville
Property Description
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.
Additional Information
- Heating
- Natural Gas
- Air Conditioning
- Yes
Mortgage Calculator
Listing courtesy of Listing Agent: Grant Chappell (teamchappell@nainorcal.com) from Listing Office: NAI Northern California.
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.