1075 47th St, Emeryville, California 94608, Emeryville, 94608 - 0 bed, 0 bath
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Emeryville, California 94608
This Turnkey Triplex represents a High-Potential Investment Opportunity, listed at $1,500,000—positioned well below the $1,685,004 Fair Market Value by 10%. This valuation gap provides $185,004 in Instant Equity. Boasting a Condition Score of 2, the property features two fully remodeled units with modern kitchens, stainless appliances, and a freshly repainted exterior. Located in Emeryville’s desirable Triangle neighborhood, it offers immediate rental upside and low maintenance. This is an exceptional acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1075 47th St Subject | $1,399,000* List Price | 0 | 0 | 2,450 | $612 | - |
A 1023 54th St Sold | $1,620,000 | 0 | 0 | 2,224 | $728 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This triplex has undergone extensive recent renovations, with two of the three units fully remodeled featuring modern kitchens with stainless steel appliances and stone countertops. The property shows high pride of ownership with a freshly repainted exterior, new fencing, and a newly paved concrete driveway. The interiors feature updated bathrooms and move-in ready finishes that meet current market standards, effectively mitigating the property's 1940 build year through comprehensive updates.
With two of the three units currently vacant and move-in ready, this triplex offers an excellent opportunity for immediate market-rate rental income or a 'house-hacking' owner-occupant.
The property features two fully remodeled units, a freshly repainted exterior, new fencing, and a newly paved driveway, significantly reducing the need for immediate capital improvements.
Situated in a highly desirable Emeryville neighborhood, the property is ideally located near major transportation, shopping hubs like Home Depot, and popular restaurants, ensuring high tenant demand.
Unit 1 is currently tenant-occupied, which may limit the buyer's ability to immediately adjust rents to market rates or occupy that specific unit due to local tenant protections.
Built in 1940, the property may have aging core systems typical of its era that could require more intensive long-term maintenance compared to newer constructions.
Welcome to this beautifully updated triplex, offering a rare opportunity to live in one unit while generating steady rental income from the others. Ideal for both investors and owner-occupants, this property provides strong income potential in a prime location. Unit 1 is currently tenant-occupied, while Units 2 and 3 are vacant and ready for immediate occupancy or rental. Located in Emeryville’s desirable Triangle neighborhood, two units have been fully remodeled, and the entire exterior has been freshly repainted. The vacant units are move-in ready, making it easy to start generating income right away. Each unit features modern finishes designed for low maintenance and strong tenant appeal, along with convenient washer and dryer hookups. The front unit offers comfortable living with a spacious layout, updated kitchen, two bedrooms, and one full bathroom. The remaining two units are turnkey and ready to rent, ideal for long-term tenants, short-term rentals, or traveling professionals. Separate entrances and utilities provide privacy for tenants while offering ease of management for the owner. Enjoy a spacious front yard with raised planting beds, plus new fences & newly paved driveway for parking. Conveniently located near transportation, Home Depot, restaurants, & shopping.
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 | 2,450 | 2,354 | 58% |
| Lot Size | 5,738 | 3,900 | 92% |
| Price | $1.40M | $867.5K | 83% |
| Price per sq ft | $571 | $346 | 75% |
| Built year | 1940 | 1912 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 35 | 126 | 8% |
Apr 15, 2026
$1,399,000
$1,445,000
-3% Price Drop
Initial Listing
Apr 5, 2026
$1,445,000
$1,500,000
-4% Price Drop
Initial Listing
Mar 18, 2026
$1,500,000
Initial Listing