8 Captain Drive Unit E363, Emeryville, California 94608, Emeryville, 94608 - 1 bed, 1 bath
8 Captain Drive Unit E363
Emeryville, California 94608
Property Price
SUMMARY
Analysis of 8 Captain Drive Unit E363, Emeryville, California 94608 is currently available with a list price of $405,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Emeryville Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1974, this condo is 50 years old. While the description mentions 'upgraded' and the images show updated hard surface flooring throughout, the kitchen features dated white cabinets and older appliances (like the visible white refrigerator). The light fixtures are basic and not modern. The property is well-maintained and move-in ready, but the kitchen and likely the bathroom (not fully shown) show clear signs of being outdated, fitting the 'Fair' criteria of an aged home with regular upkeep and occasional updates, where major components are functional but show signs of being outdated.
PROSSTRENGTHS & OPPORTUNITIES
- Extensive Resort-Like Amenities
The Watergate community offers an impressive array of amenities including four pools (two heated year-round), two tennis courts, a fitness center, hot tub, sauna, steam room, and 24-hour on-site security, providing a resort-like living experience.
- Prime Location & Transportation Access
Situated by the water in Emeryville, the property boasts exceptional access to public transportation, including the free 'Emery-Go-Round' shuttle to BART, Transbay bus to SF, AC Transit, and convenient freeway access (580, 80, 880).
- Modern Interior Upgrades
The condo features hard surface flooring throughout and an open-concept kitchen and living room, providing a contemporary and maximized living space.
CONSRISKS & DEFICIENCIES
- Compact Unit Size
At 530 square feet and described as a 'junior 1 bedroom,' the unit is quite small, which may limit its appeal to buyers seeking more spacious living arrangements.
- Shared Laundry Facilities
The property relies on 'card & coin operated laundry facilities,' indicating a lack of in-unit laundry, which is a common preference for many modern buyers.
- Extended Market Time & Price History
The property has been on the market since August 2021 and has seen a price increase from its original listing, suggesting potential challenges in attracting buyers or an initial overestimation of value.
About 8 Captain Drive Unit E363
Come home to this sweet and upgraded junior 1 bedroom 1 bath condo at resort-like Watergate by the bay! Enjoy easy living by the water and everything that Emeryville and the bay area has to offer! Hard surface flooring throughout the entire unit (no carpet!) with an open concept kitchen and living room to maximize your space. A sweet terrace extends the living space most of the year! Amenities include 1 assigned garage parking space, 4 pools (2 heated year round,) 2 tennis courts, fitness center, hot tub, sauna, steam room, 24 hour on-site security, onsite HOA office, and convenient card & coin operated laundry facilities. All public transportation options are right out your door including the 'Emery-Go-Round' (a free shuttle to MacArthur BART,) Transbay bus to SF, AC Transit bus, a casual carpool to SF and the 580, 80, 880 + nearby. Enjoy a myriad of dining and shopping options including the Watergate Market, The Eville Public Market, Bay St.Trader Joe's & Berkeley Bowl!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Emeryville Unified Schools
Anna Yates Elementary School
Grades K-8 • 1.1 mi
Emery Secondary School
Grades 9-12 • 1.2 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 1.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 530 | 768 | 15% |
| Lot Size | - | 50,821 | 23% |
| Price | $405.0K | $402.5K | 50% |
| Price per sq ft | $764 | $508 | 98% |
| Built year | 1974 | 1978 | 50% |
| HOA | $0 | $659 | 4% |
| Days on market | 1668 | 173 | 0% |
Pricing History
Listed for Sale
Sep 10, 2025
$405,000
Initial Listing
Price Change
Aug 12, 2021
$389,000
Initial Listing