Mixed-Use Property with Dual
For Sale
$625,000
1096 48th Street, Emeryville, CA 94608
The property combines commercial and residential zoning in a building previously configured as four units.
Property Size2,772 SF
Price / SF$225.47
Days on Market206
Property Features for 1096 48th Street
General Information
Standard status
Active
Size
2,772 SF
Property subtype
Mixed Use
Building Details
Building Size
2,772 SF
Year Built
1935
Listing Agency:
Side
Listed By:
Marin's Finest
(415) 457-6000
Source:
Marinsfinest
Added: Apr 10
Changed: Oct 29
Last Checked: Oct 29 at 2:34PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Side
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Investment Insights
Based on property information with market context.
Located at 1096 48th Street in Emeryville, this 2,772-square-foot mixed-use property was built in 1935. Its zoning accommodates both commercial and residential uses, and the building was previously arranged as a four-plex. The property is offered in its current condition.
The dual-use zoning and prior four-unit configuration provide concrete context for evaluating the building’s existing setup and potential use options.
The dual-use zoning and prior four-unit configuration provide concrete context for evaluating the building’s existing setup and potential use options.
Key Highlights
- 2,772‑square‑foot building constructed in 1935
- Zoned for both commercial and residential use
- Previously configured as a four‑plex
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,133
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,660
$1.1M
Cap Rate 7%
$801,900
$801.9K
Cap Rate 9%
$623,700
$623.7K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$99.8K $36.00/SF
− Vacancy
−$10.0K −$3.60/SF
EGI
$89.8K $32.40/SF
− OpEx
−$33.7K −$12.15/SF
NOI
$56.1K $20.25/SF
Area
Alameda County, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,122,660
Cap Rate 7%
$801,900
Cap Rate 9%
$623,700
Alternative Uses
Best Use
Mixed Use
$801.9K
$701.7K – $935.6K
NOI $56,133 @ 7.0% cap · market cap 8.98%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$12.64M
$11.06M – $14.74M
NOI $884,619 @ 7.0% cap · market cap 141.54%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
2,747
Businesses Nearby
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Business Placement
Demographics for 94608, CA
33,073
Population
17,956
Households
1.8
Avg Household Size
36
Median Age
64%
College-Educated
94%
High-School Grad
2.8 sq mi
ZIP Area
11,812
Density / Sq Mi
$116,306
Median Household Income
$73,845
Median Earnings
$2,561
Median Rent
$826,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial and residential zoning in a building previously configured as four units.
Where is this mixed-use property located?
The property is located at 1096 48th Street Emeryville, CA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,772‑square‑foot building constructed in 1935; Zoned for both commercial and residential use; Previously configured as a four‑plex
