Multifamily Housing
1049 43rd Street Emeryville, CA 94608
Details & Description
Price: $3,825,000
    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. The spacious and sophisticated renovated units showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property and submarket benefit 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.The subject property is located on 43rd Avenue, between San Pablo Avenue and Adeline Street just west of the Longfellow neighborhood of Emeryville. This attractive location offers convenient access to public transportation, freeways, shops, restaurants, schools, and a variety of other services, many within walking distance.
    Property Highlights
    Additional Photos
    Listing Agents
    Rudas Gebregiorges

    O: 510-244-3707
    M: 510-828-1214
    rudas@nainorcal.com
    Ecaterina Bicova

    O: 510-336-4713
    M: 530-220-7147
    kbicova@nainorcal.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1049 43rd Street

    Emeryville, CA 94608

    Listing ID: 250979
    • 1049 43rd Street Emeryville, CA 94608 | for Sale | Photo 1
    • 1049 43rd Street Emeryville, CA 94608 | for Sale | Photo 2
    • 1049 43rd Street Emeryville, CA 94608 | for Sale | Photo 3
    • 1049 43rd Street Emeryville, CA 94608 | for Sale | Photo 4
    • 1049 43rd Street Emeryville, CA 94608 | for Sale | Photo 5
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    1049 43rd Street | for Sale | Thumbnail 2
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    Building Size: 7,218 SF
    Lot Size: 0.310 AC
    Land Size: 13,503 SF
    Building $/SF: $529.93
    Land $/SF: $283.27
    Price
    $3,825,000
    Property Highlights
    12 1-bedroom, 1-bathroom units
    Great rental upside
    Direct access to San Francisco via I-80 and the Bay Bridge
    One-to-one offsite parking
    Convenient, central location within minutes of many amenities
    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. The spacious and sophisticated renovated units showcase modern design and aesthetic elements, including efficient layouts, stainless steel appliance packages, and upgraded finishes throughout. Due to its desirable location, the property and submarket benefit 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.

    The subject property is located on 43rd Avenue, between San Pablo Avenue and Adeline Street just west of the Longfellow neighborhood of Emeryville. This attractive location offers convenient access to public transportation, freeways, shops, restaurants, schools, and a variety of other services, many within walking distance.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Oakland History of Multifamily Housing for Sale

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    Emeryville Area Market Trends

    Listing Demographics for 1049 43rd Street Emeryville, CA 94608

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population36,288267,328511,517
    Population Median Age373939
    Population by Age0-9 Yrs3110 (8%)19228 (7%)46736 (9%)
    10-19 Yrs2276 (6%)25675 (9%)51949 (10%)
    20-29 Yrs7683 (21%)57335 (21%)96073 (18%)
    30-39 Yrs9094 (25%)52791 (19%)90871 (17%)
    40-49 Yrs5231 (14%)33668 (12%)67733 (13%)
    50-59 Yrs3769 (10%)27548 (10%)57075 (11%)
    60-69 Yrs2894 (7%)26013 (9%)53590 (10%)
    70+ Yrs2230 (6%)25071 (9%)47490 (9%)
    Median HH Income$81,744$82,287$86,307
    Total Household Income< 24K3012 (19%)23697 (20%)36712 (17%)
    25-49K2454 (15%)17103 (14%)30770 (14%)
    50-74K1791 (11%)14459 (12%)26156 (12%)
    75-99K1901 (12%)12672 (10%)22252 (10%)
    100-199K4231 (27%)30264 (25%)53598 (25%)
    200K+2151 (13%)19711 (16%)37918 (18%)
    Highest Education LevelNo Diploma25201455735950
    Diploma or GED39181967940420
    Some College49032740752173
    Assoc. Degree18271106920654
    Bachelors Degree985667589117903
    Higher Degree548057190103878
    Total Housing Units16,775126,576221,694
    --Owner-Occupied5,07538,73280,933
    --Renter-Occupied10,46679,175126,474
    Owner-Occupied Values< 100K1047681443
    100-199K1076241052
    200-299K23117822593
    300-399K41229935159
    400-499K49133415778
    500K+37302922564908
    Total Working Age Population31,768237,351438,534
    In Work Force23,962163,659299,069
    Not In Work Force7,80673,692139,465
    Workforce Employed22,736155,189281,743
    Workforce Unemployed1,2218,36316,129
    Civlian Workforce23,957163,553297,872
    Military Workforce41071,197
    Total Households15,541117,907207,407
    Family Households6,48047,521102,300
    Non-Family Households9,06170,386105,106
    Married Couple3,75134,43874,461
    Other Family2,72913,08327,839
    Married w/Child1,38112,60130,449
    Single Male w/Child3581,4153,139
    Single Female w/Child7774,2949,367

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    California33,871,648+1037,253,956+940,467,295+843,631,295
    Alameda County1,443,741+51,510,271+121,696,752+101,861,027
    Contra Costa County948,816+111,049,025+121,171,305+111,296,786
    Marin County247,289+2252,409+4263,085+2267,912
    San Francisco County776,733+4805,235+12903,294+8976,481

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1049 43rd Street in Emeryville?
    The asking price for 1049 43rd Street is $3,825,000
    What is the building size of this Multifamily property in Emeryville, CA?
    The size of the building/unit at 1049 43rd Street in Emeryville is 7,218 square feet
    How much land does the Emeryville, CA property at 1049 43rd Street include?
    1049 43rd Street in Emeryville includes 0.310 acres of land
    What is the population within 1 mile of 1049 43rd Street in Emeryville?
    The population within 1 mile of 1049 43rd Street Emeryville, CA 94608 is 36,288 people.
    Who do I contact for questions about 1049 43rd Street?
    You should contact the listing agent, Rudas Gebregiorges, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Metropolitan Oakland International Airport (OAK) 8
    San Francisco International Airport (SFO) 16
    Norman Y. Mineta San Jose International Airport (SJC) 38