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Residential Income - 1049 43rd Street, Emeryville, CA

$3,195,000

1049 43rd Street, Emeryville, CA

1049 43rd Street, Emeryville, CA 94608 - $3,195,000 · Multi-Family Home for Sale, photo 1 1049 43rd Street, Emeryville, CA 94608 - $3,195,000 · Multi-Family Home for Sale, photo 2 1049 43rd Street, Emeryville, CA 94608 - $3,195,000 · Multi-Family Home for Sale, photo 3 1049 43rd Street, Emeryville, CA 94608 - $3,195,000 · Multi-Family Home for Sale, photo 4 1049 43rd Street, Emeryville, CA 94608 - $3,195,000 · Multi-Family Home for Sale, photo 5
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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.

Property details

Year built
1943
Property type
Residential Income
Lot size
13,342 sqft

Location

1049 43rd Street • Emeryville, CA 94608

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Listed by

Grant Chappell · NAI Northern California

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Sale history for 1049 43rd St

Listing courtesy of NAI Northern California. Information deemed reliable but not guaranteed.

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Nalren Corp. · CA DRE #02423715