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5-Unit Apartment Building
For Sale
$1,500,000

2045 Emerson St, Berkeley, CA 94703

Renovated units, covered parking, laundry facilities, and a finished basement support flexible multifamily use.

Property SizeContact for details
Days on Market44

Property Features for 2045 Emerson St

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1909
Units 5
Listing Agency: COMPASS
Listed By: Willem Bos · License #02013980
Source: Elliman
Added: Jul 21 Changed: Aug 30 Last Checked: Sep 1 at 7:44PM

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 COMPASS

Investment Insights

Based on property information with market context.

Built in 1909, this five-unit apartment property includes four 1BD/1BA residences and one 3BD/1BA unit. The larger residence includes an approximately 500 SF finished basement with a half bath, creating additional space for living, a home office, or other owner-user needs. Three units, including the owner’s residence, have updated kitchens and bathrooms.

The owner’s unit has an in-unit washer and dryer, while the other apartments use on-site coin-operated laundry. Covered carport parking is provided on the property. Located in Berkeley’s South Berkeley neighborhood, the property records a 93 bike score, 86 walk score, and 71 transit score. The source information also indicates approximately 12% rental upside.

Key Highlights

  • Five units: four 1BD/1BA units and one 3BD/1BA unit
  • Approximately 500 SF finished basement with half bath
  • Three units renovated with modern kitchens and baths

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Pharmacy Home Appliance Store HVAC Service Auto Parts Store Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,340
Businesses Nearby

Demographics for 94703, CA

20,805
Population
9,654
Households
2.2
Avg Household Size
37
Median Age
71%
College-Educated
95%
High-School Grad
1.3 sq mi
ZIP Area
16,004
Density / Sq Mi
$108,922
Median Household Income
$66,261
Median Earnings
$2,257
Median Rent
$1,273,000
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Renovated units, covered parking, laundry facilities, and a finished basement support flexible multifamily use.
Where is this apartment building located?
The property is located at 2045 Emerson St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Five units: four 1BD/1BA units and one 3BD/1BA unit; Approximately 500 SF finished basement with half bath; Three units renovated with modern kitchens and baths
More about this property
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