2045 Emerson St, Berkeley, CA 94703
2045 Emerson St, Berkeley, CA 94703
2045 Emerson St, Berkeley, CA 94703
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$1,500,000
Est. payment /mo
6 Beds
3,270 SqFt
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Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $458

Subdivision Lorin

MLS Listing ID 41129075

Bedrooms 6

HOA Y/N No

Year Built 1909

Lot Size 5,000 Sqft

Acres 0.11

Property Sub-Type OTHER

Property Description

***Open House Thursday (4/9) from 11AM-12PM*** 2045 Emerson Street, a 5-unit multifamily property located in Berkeley's South Berkeley neighborhood offered at $1,500,000. The property features a unit mix of four 1BD/1BA units and one 3BD/1BA, generating $11,852 in current monthly income. This is an exceptional opportunity for an owner-user, with a spacious 3-bedroom unit complemented by a large approximately 500 SF finished basement with half bath, offering significant potential for additional living space, home office, or added income. Three of the five units, including the owner's unit, have been renovated with modern kitchens and baths, providing a strong mix of turnkey and value-add potential. The owner's unit features in-unit washer and dryer, while the remaining units benefit from on-site coin-operated laundry, creating additional income potential. The property also offers on-site parking with covered carport spaces and further upside through implementing parking and laundry income. With strong in-place cash flow and approximately 12% rental upside, this is a rare opportunity in a highly desirable Berkeley location.

Location

State CA

County Alameda

Rooms

Basement Finished, Separate Entry

Interior

Heating Floor Furnace

Cooling No Air Conditioning

Flooring Hardwood, Carpet

Fireplace No

Appliance Dryer, Washer

Laundry In Basement, In Unit

Building

Lot Description 2 Houses / 1 Lot

New Construction No


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Bridge MLS
Listed by Willem Bos • COMPASS

NEARBY SCHOOL & BUSINESS

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