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.
MLS #
EB41129075
MLS Source
Bridge MLS
Days on Site
2
Appliances
Dryer, Washer
Flooring
Carpet - Wall to Wall, Hardwood
Cooling
Air Conditioning - None
Heating
Floor Furnace
Roof
Composition
Garage/Parking
Covered Parking, Garage: Car(s)
Sewer
Public Sewer
Complex Amenities
Other
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| – | – | 5 |
| Unit # | Sq Ft | Beds | Baths | Rent |
|---|---|---|---|---|
| 1 | – | 3 | 0/0 | – |
| 2 | – | 1 | 0/0 | $2,000 |
| 3 | – | 1 | 0/0 | $2,100 |
| 4 | – | 1 | 0/0 | $1,193 |
2045 Emerson St is a Residential Income in Berkeley, CA 94703. This 3,270 square foot property sits on a 5,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,500,000 and was built in 1909. This address can also be written as 2045 Emerson St, Berkeley, CA 94703.
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This listing information is up-to-date as of March 31, 2026. For the most current information, please contact Willem Bos, (916) 698-9954