$1,500,000
 $8,052 est/mo Sourced by Back At You

2045 Emerson St,Berkeley, CA 94703

Berkeley, CA 94703

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Description

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.

Details

MLS #41129075
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1909
Days On Site149
Listing Provided ByCOMPASS | Willem Bos

Features

Car PortYes
Units5
Acreage0.11

Interior

HeatingFloor Furnace
Heating Yes / NoYes
Cooling Yes / NoNo
AppliancesDryer, Washer

Exterior

RoofShingle
Construction MaterialsStucco

Parking

Parking FeaturesCovered, Carport

Area Information

StateCA
CountyAlameda
CityBerkeley
Zip Code94703
Community NameLORIN
Listing VS Median (in LORIN)
Price:
$1,500,000
low | high
Med:
$0
On site:
149
low | high
Med:
Sourced by Back At You

Market Activity 94703

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Learn More About This Property

StateCA
CountyAlameda
CityBerkeley
Zip Code94703
Community NameLORIN
Listing VS Median (in LORIN)
Price:
$1,500,000
low | high
Med:
$0
On site:
149
low | high
Med:
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.125M - $1.875M
sqft: 0 - 0
Nearby Listings Property ImageNearby Listings Details
2057 Emerson Street Property Photo 1
$1,165,000
2057 Emerson Street
Berkeley, CA 94703
Listing Updated: August 21, 2026 at 11:03:36 PM PDT