1049 43rd Street Emeryville

Investment Overview

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 9 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 and tremendous tenant demand. With strong in-place cashflow, the property can achieve both attractive financing and significant cash flow upside with additional unit turnover.

Investment Highlights

• (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