1049 43rd Street new

Emeryville,CA 94608

$ 3250000

- Bed

- Bath

7218 SqFt


Key Details

Property Type Commercial

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 7,218 sqft

Price per Sqft $450

MLS Listing ID 41103228

Year Built 1943

Lot Size 0.306 Acres

Property Sub-Type 5 or More Units

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.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling None

Flooring None

Exterior

View None

Building

Lot Description Rectangular Lot

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