Updated Duplex with Two
1285 55Th St Emeryville, CA 94608
New
For Sale
$799,000
MULTI_FAMILY - Emeryville, CA
Property Size2,081 SF
Lot Size0.12 Acres
Price / SF$383.95
Days on Market2
Property Features for 1285 55Th St
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Rooms
Bedroom 1, Bedroom 3, Bedroom 4, Bedroom 2
Parking
3
Parking features
Carport, Parking Lot, Off Street, Covered
Interior features
Storage Area(s)
Exterior features
Front Yard, Garden/Play, Side Yard, Storage, Landscape Front, Yard Space, Garden
Fencing
Partial, Fenced
Accessibility
Accessible Approach with Ramp
Appliances
Dryer, Gas Water Heater
Standard status
Active
APN
491184152
Size
2,081 SF
Lot size
0.12 Acres
Utilities
Sewer type
Public Sewer
Heating system
Wall Furnace, Forced Air
Water source
Public
Building Details
Year built
1916
Flooring type
Vinyl, Tile, Engineered, Hardwood, Carpet
Building materials
Siding - Stucco, Wood, Fiber Cement, Glass
Additional Structures
Storage
Listing Agency:
Corcoran Icon Properties
(510) 428-0900
Listed By:
Michael Stephens · License #01186416
(510) 816-9693
Added: Jul 28
Last Checked: Jul 29 at 2:06PM
MLS# 41143096
Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate units with interiors that have been recently refreshed. Updates include fresh interior paint, refinished hardwood floors, and new carpeting, with original wood paneling that remains in the homes. The layout provides flexibility for an owner-occupant or a rental-focused setup.
The property is located in Emeryville, close to shopping and dining at Bay Street and the Emeryville Public Market. It also has convenient access to major freeways and BART, supporting easy trips to San Francisco and the East Bay.
With a total building size listed at 2,081 square feet, this is a move-in ready option that also leaves room for additional improvements over time.
The property is located in Emeryville, close to shopping and dining at Bay Street and the Emeryville Public Market. It also has convenient access to major freeways and BART, supporting easy trips to San Francisco and the East Bay.
With a total building size listed at 2,081 square feet, this is a move-in ready option that also leaves room for additional improvements over time.
Key Highlights
- 1916‑built duplex with 4 bedrooms (Bedroom 1, 2, 3, and 4) across both units
- Recent interior updates include fresh interior paint, refinished hardwood floors, and new carpeting
- Flooring includes hardwood, engineered, tile, vinyl, and carpet
Financial Insights For Multifamily LT 5
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 | $106.1k | $51.00 |
| − Vacancy | −$6.3k | −$3.05 |
| EGI | $99.8k | $47.95 |
| − OpEx | −$29.9k | −$14.39 |
| NOI | $69.8k | $33.57 |
2,081 SF · lease $51.00/SF/yr · vacancy 5.98% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$997.8K
$873.1K – $1.16M
NOI $69,849 @ 7.0% cap · market cap 8.74%
Second Best
Apartment 5plus
$430.7K
$376.8K – $502.4K
NOI $30,146 @ 7.0% cap · market cap 3.77%
Theoretical Best
Retail
$9.49M
$8.30M – $11.07M
NOI $664,102 @ 7.0% cap · market cap 83.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Duplex with recent interior updates, including fresh paint, refinished hardwood floors, and new carpeting.
Where is this duplex located?
The property is located at 1285 55Th St Emeryville, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 1916‑built duplex with 4 bedrooms (Bedroom 1, 2, 3, and 4) across both units; Recent interior updates include fresh interior paint, refinished hardwood floors, and new carpeting; Flooring includes hardwood, engineered, tile, vinyl, and carpet
