2045 Emerson St Berkeley, CA 94703
South Berkeley NeighborhoodEstimated payment $10,915/month
Highlights
- Additional Residence on Property
- 4-minute walk to Ashby Station
- No HOA
- Malcolm X Elementary School Rated A
- Wood Flooring
- Floor Furnace
About This Home
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.
Property Details
Property Type
- Other
Year Built
- Built in 1909
Lot Details
- 5,000 Sq Ft Lot
- Fenced
Parking
- 2 Carport Spaces
Home Design
- 3,270 Sq Ft Home
- Stucco
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Laundry
- Dryer
- Washer
Finished Basement
- Walk-Out Basement
- Laundry in Basement
Additional Features
- Additional Residence on Property
- Floor Furnace
Community Details
- No Home Owners Association
- Bridge Aor Association
- Lorin Subdivision
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $32,900 | $2,110,583 | $633,215 | $1,472,091 |
| 2024 | $30,408 | $2,074,100 | $620,802 | $1,443,232 |
| 2023 | $29,805 | $2,023,578 | $608,634 | $1,414,944 |
| 2022 | $29,326 | $1,993,966 | $596,700 | $1,387,200 |
| 2021 | $17,864 | $1,030,560 | $515,280 | $515,280 |
| 2020 | $16,855 | $1,021,897 | $510,000 | $511,897 |
| 2019 | $9,265 | $100,032 | $41,320 | $58,712 |
| 2018 | $11,382 | $98,102 | $40,510 | $57,592 |
| 2017 | $15,766 | $96,043 | $39,716 | $56,327 |
| 2016 | $13,605 | $94,187 | $38,937 | $55,250 |
| 2015 | $9,196 | $92,793 | $38,352 | $54,441 |
| 2014 | $14,693 | $91,003 | $37,601 | $53,402 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/30/2026 03/30/26 | For Sale | $1,500,000 | -23.1% | $459 / Sq Ft | |
| 02/04/2025 02/04/25 | Off Market | $1,950,000 | -- | -- | |
| 06/18/2021 06/18/21 | Sold | $1,950,000 | -2.3% | $596 / Sq Ft | View Prior Sale |
| 04/08/2021 04/08/21 | Pending | -- | -- | -- | |
| 03/11/2021 03/11/21 | Price Changed | $1,995,000 | -8.3% | $610 / Sq Ft | |
| 01/28/2021 01/28/21 | For Sale | $2,175,000 | -- | $665 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,950,000 | Old Republic Title Company | |
| Grant Deed | $1,000,000 | North American Title Co Inc | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,300,000 | Purchase Money Mortgage | |
| Previous Owner | $311,500 | Commercial | |
| Previous Owner | $750,000 | Commercial | |
| Previous Owner | $16,205 | Unknown | |
| Previous Owner | $65,000 | Commercial | |
| Previous Owner | $215,000 | Commercial |
Source: bridgeMLS
MLS Number: 41129075
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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