1049 43Rd Street

Emeryville, CA 94608

PRICE REDUCED

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-$350,000 (-9.74%)

$3,245,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1943

calendar_month Built

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.

Listing Information

List Price $3,245,000
Status Active
MLS 41049529
HOA $0
Type Residential Income
Year Built 1943
Lot Size 13,342
Structure Size N/A
DOM 183
Courtesy Of NAI Northern California
Listing Agent Grant Chappell DRE#01700439

Interior Features

Total Bedroom
Bedrooms N/A
Cooling Type
Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Grant Chappell, NAI Northern California . *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:38 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.