1049 43rd St

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Address: 1049 43rd St, Emeryville, California, US
Created date: February 28, 2024
Date last updated: April 9, 2024
  • 12 1-bedroom, 1-bathroom units
  • 13 onsite parking spaces
  • Attractive rental upside
  • No city imposed rent increase restrictions
  • Convenient, central location within minutes of many amenities
  • Easy access to MacArthur Bart Station
  • Direct access to San Francisco via I-80 and the Bay Bridge

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Multifamily type: Apartments
Price: $3,445,000
No. of Units: 12
Lot Size: 0.31 Sq ft
Opportunity Zone: No
Price per unit: $287,083
Property Website Click Here
Address: 1049 43rd St, Emeryville, CA 94608, USA
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