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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.

EB41146335 MLS

1049 43rd Street, Emeryville

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

$2,200,000

This seven-unit property is a gem spread across two structures totaling approximately 6,416 square feet*. 1261 64th St. is comprised of four approximately 730 square foot two-bedroom and one in-a-half bathroom units, and 1263 64th St. is comprised of three unique floor plans with two three-bedroom and two bathroom units, and a two-bedroom, one in-a-half bathroom townhouse unit. The buildings are situated on a large approximately 9,060 square foot /±0.21 acre lot and feature secured off-street parking for up to 7 vehicles. The in place rents are below projected market rate rents, offering an opportunity to significantly increase the net operating income of the property. The property is located in the desirable city, Emeryville, which provides excellent public transportation e.g. Rail Station, Bart Station and Bus Lines all less than one mile and the property has been deemed a Walker's Paradise (94 Walk Score) and Biker's Paradise (90 Biker Score) by walkscore.com.

8 Beds ⋅ BE41071564 MLS

1261-1263 64th St, Emeryville

Listed by Yolanda James-Elston, (510) 575-8686 from Excel Realty
(If provided) CoList: from

Sold listing courtesy of Blake Martini from OBOMCORE

The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than Real Estate Company are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
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.