1049 43rd Street, Emeryville, CA 94608

$3,195,000

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Listed by Grant Chappell, (415) 246-4314 from NAI Northern California
(If provided) CoList: from

List Price
$3,195,000
MLS#
EB41146335
Status
ACTIVE
Lot Size
13,342
Listing Area
Emeryville
Year Built
1943

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

Acres
0.31
Amenities
None
Cooling System
None
Exterior Features
None
Floor Covering
None
Garage Parking
No Parking
Heating System
Gas
Lot Description
Regular
Lot Size
13,342
Neighborhood
Emeryville
Numberof Units
12
Roof
None
Unincorporated Yn
Yes

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Based on information from MLSListings MLS as of . 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.


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