
Emeryville, California 94608
This Turnkey BMR Condominium is listed at $345,000, offering a stable and accessible entry point closely aligned with its $339,216 Fair Market Value. Boasting a Condition Rating of 3, the unit features fresh interior paint, a new dishwasher, and a flexible open floor plan with in-unit laundry. Residents benefit from extensive amenities including a fitness center with sauna, private theater, and gated parking. Located steps from the free BART shuttle and Bay Street, this urban retreat is ideal for first-time buyers or commuters meeting the specific BMR income qualifications.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5855 Horton Street 613 Subject | $345,000* List Price | 1 | 1 | 633 | $530 | - |
A 6466 Hollis Street 248 Sold | $369,000 | 1 | 1 | 736 | $501 | 0.5 mi |
B 6400 6400 Christie Ave 2410 Sold | $365,000 | 1 | 1 | 658 | $555 | 0.4 mi |
C 1121 40th St 3103 Sold | $295,000 | 1 | 1 | 622 | $474 | 0.9 mi |
D 7 Commodore Drive A460 Sold | $358,000 | 1 | 1 | 683 | $524 | 0.8 mi |
E 7 Commodore Dr 355 Sold | $310,000 | 1 | 1 | 530 | $585 | 0.8 mi |
F 4 4 Admiral Drive 226 Sold | $355,000 | 1 | 1 | 791 | $449 | 0.8 mi |
G 1007 41st St 513 Active | $353,400 List Price | 1 | 1 | 635 | $557 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and has been well-maintained since its construction in 2003. It features fresh interior paint and a new dishwasher, though most kitchen appliances and bathroom fixtures appear to be original to the building. The unit shows minimal wear and tear, and the open floor plan with in-unit laundry and updated paint makes it a turnkey opportunity despite the 20-year-old styling.
The property is ideally situated near major employers, the Emeryville Public Market, and a free BART shuttle, providing exceptionally convenient access to San Francisco and Oakland.
Residents benefit from a robust suite of amenities including a fitness center with sauna, a private theater, a business center, and gated parking with dedicated guest spots.
The unit is move-in ready, featuring fresh interior paint, a new dishwasher, in-unit laundry, and a flexible open floor plan that maximizes natural light.
As a Below Market Rate (BMR) unit, purchase is limited to buyers meeting specific income caps and involves a complex lottery and qualification process.
The $719 monthly association fee is relatively high for a one-bedroom unit of this size, which may impact the overall affordability for the target income-restricted buyer.
Welcome to Unit 613 at The Terraces, a Below Market Rate opportunity in Emeryville’s highly regarded community. This bright 1-bedroom, 1-bath (633 SF) features large windows and an open kitchen/living floor plan maximizing light and flow. Freshly repainted with new carpet installed, the unit is clean and move-in ready. The spacious bedroom includes pocket doors that open to the living area for flexibility, along with a private en suite bath. The open kitchen offers ample cabinet & counter space, a new dishwasher, and a large pantry closet with in-unit washer/dryer. Two additional closets provide excellent storage. Overlooking an enclosed courtyard, the home enjoys a peaceful & vibrant commuter-friendly location. The building offers gated parking (+ guest spots), fitness center with sauna and locker rooms, business center, & private theater. Located near Bay Street, Emeryville Public Market, Trader Joe’s, cafes, restaurants, major employers, and one block from a free BART shuttle. San Francisco and Oakland are minutes away. *BMR unit subject to Resale Restriction Agreement. Buyer income must not exceed 120% AMI for Alameda County: 1p $134,250; 2p $153,400; 3p $172,600. OH May 31st 1-3 PM. Offers reviewed as they come now. Buyer to verify BMR eligibility.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 633 | 828 | 18% |
| Lot Size | 93,820 | 50,821 | 60% |
| Price | $345.0K | $467.0K | 23% |
| Price per sq ft | $545 | $528 | 56% |
| Built year | 2003 | 1984 | 65% |
| HOA | $719.0 | $659 | 70% |
| Days on market | 94 | 123 | 28% |
Mar 13, 2026
$345,000
Initial Listing
Oct 2, 2003
$234,000
Public Record