REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Willem Bos • COMPASS
$ 1,500,000
Est. payment /mo
Active
2045 Emerson St Berkeley, CA 94703
3,270 SqFt
UPDATED:
Key Details
Property Type Multi-Family
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
HOA Y/N No
Year Built 1909
Lot Size 5,000 Sqft
Property Sub-Type OTHER
Source Bridge AOR
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
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
Others
Special Listing Condition Standard
© 2026 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.