1096 48th Emeryville, CA 94608
Dual-zoned property in a dynamic, rapidly growing Bay Area market.
Property Features for 1096 48th
General Information
- Standard status
- Active
- Size
- 2,772 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1935
Listing office TWIN OAKS REAL ESTATE INC 7468700
Listing date Apr 10, 2026
Source Corcoran
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All listing content including descriptions, pricing, images are the copyrighted material of TWIN OAKS REAL ESTATE INC
Investment Insights
Based on property information with market context.
Key Highlights
- Prime investment opportunity in rapidly growing Emeryville market.
- Dual‑zoned for commercial and residential use, offering flexible development options.
- Previously configured as a four‑plex, suggesting potential for multi‑unit redevelopment.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $99.8k | $36.00 |
| − Vacancy | −$10.0k | −$3.60 |
| EGI | $89.8k | $32.40 |
| − OpEx | −$33.7k | −$12.15 |
| NOI | $56.1k | $20.25 |
