1050 1050 47th St, Emeryville, California 94608, Emeryville, 94608 - 0 bed, 0 bath
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Emeryville, California 94608
This Value-Add Quadruplex Asset presents a strategic acquisition opportunity in Emeryville with a List Price of $1,275,000. Reflecting a $1,165,787 Fair Market Value, the pricing accounts for the property's Condition Rating of 5, which includes documented asbestos and untreated mold. The 4,130 Sqft footprint across two separate buildings offers a high-density unit mix of two 3-bedroom and two 2-bedroom units. With significant deferred maintenance, the asset provides a clear path for forced appreciation through comprehensive remediation and modernization. This is an ideal project for Value-Add Investors or Contractors seeking a high-yield rental conversion.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1050 1050 47th St Subject | $1,275,000* List Price | 0 | 0 | 4,130 | $282 | - |
A 1012 44th St Pending | $900,000 List Price | 0 | 0 | 2,682 | $336 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, the property has significant deferred maintenance and safety concerns, including the presence of asbestos and untreated mold, requiring substantial rehabilitation and remediation.
Emeryville fourplex with strong investment potential. Property consists of two buildings. Building 1 (Front): • Unit A: 3 bedroom, 1 bath • Unit B: 3 bedroom, 2 bath Building 2 (Rear): • Two identical units: 2 bedroom, 1 bath each Property requires repairs and deferred maintenance, which is reflected in the price. Existing asbestos and untreated mold are present.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 4,130 | 2,354 | 92% |
| Lot Size | 5,000 | 3,900 | 83% |
| Price | $1.27M | $867.5K | 75% |
| Price per sq ft | $309 | $325 | 50% |
| Built year | 1940 | 1912 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 126 | 25% |
Feb 11, 2026
$1,275,000
Initial Listing