2045 Emerson St, Berkeley, CA 94703
2045 Emerson St, Berkeley, CA 94703
2045 Emerson St, Berkeley, CA 94703
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Willem Bos, DRE #02013980 • COMPASS
$1,500,000
Est. payment /mo
6 Beds
4 Baths
3,270 SqFt
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Key Details

Property Type Multi-Family

Sub Type Multiple Dwellings / Structures

Listing Status Active

Purchase Type For Sale

Square Footage 3,270 sqft

Price per Sqft $458

MLS Listing ID EB41129075

Bedrooms 6

Year Built 1909

Lot Size 5,000 Sqft

Property Sub-Type Multiple Dwellings / Structures

Source Bridge MLS

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

Area Berkeley Map Area 9

Interior

Heating Floor Furnace

Cooling Air Conditioning - None

Flooring Carpet - Wall to Wall, Hardwood

Laundry In Basement, Laundry Area - In Unit, Washer, Dryer

Exterior

Exterior Feature Stucco

Parking Features Covered Parking

Garage Spaces 5.0

Roof Type Composition

Others

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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2045 Emerson St

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