1034 47th Street
1034 47th Street
$4,925,000
—
13,322
13,322
$370
Sold 6/23/21
Description
14 single-family homes & bungalows on one parcel, plus a single-family home on a separate parcel located at 1031 53rd Street in Oakland (15-units total). Multiple exist strategy possibilities, including a lot split of four homes on 47th Street, and the sale of the single family home on 53rd. City of Emeryville approval to build three duplexes (6 total units) on the 47th Street side. Units separately metered for water, gas & electricity. Low operating expenses. Seven units delivered vacant at close...14 single-family homes & bungalows on one parcel, plus a single-family home on a separate parcel located at 1031 53rd Street in Oakland (15-units total). Multiple exist strategy possibilities, including a lot split of four homes on 47th Street, and the sale of the single family home on 53rd. City of Emeryville approval to build three duplexes (6 total units) on the 47th Street side. Units separately metered for water, gas & electricity. Low operating expenses. Seven units delivered vacant at close for immediate upside in rents. Property needs work, however several possible exit strategies to reduce overall cost basis in the property. Desirable Emeryville Triangle/NOBE neighborhood.
- Listed by Richard Martini • DRE #01505297 • Colliers International
Property Details for 1034 47th Street
City
EMERYVILLE
Building Type5 or More Units
Property Sub Type5 or More Units
Garage/ParkingSpaces per Unit - 1, Tandem Parking, Other
Total # Parking Spaces15
Location
LISTING UPDATED: 06/24/2021 01:16 PM
Property Details for 1034 47th Street
Status | Sold |
---|---|
MLS # | 40938722 |
Days on Compass | 45 |
Taxes | $35,387 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | 5+ Units |
Year Built | 1918 |
Lot Size | 1.00 AC / 43,740 SF |
County | Alameda County |
Location
Building Information for 1034 47th Street
Stories-Residences15Year Built1918Building Size-Lot Size1.00 AC / 43,740 SF
Payment Calculator
$29,827 per month
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Property Information for 1034 47th Street
Property History for 1034 47th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1034 47th Street
Taxable ValueLand$1,398,297Additions$3,275,699Total$4,673,996
Tax Record2023$60,231 ($5,019 / month)
Home Facts
Total Finished SqFt11,274 SqFtAbove Grade Finished SqFt11,274 SqFtStories1Lot Size41,220 SqFtStyleMulti-Family Res (5+ Units)Year Built1957CountyALAMEDAAPN49-1175-8-3
Schools near 1034 47th Street
This home is within Emery Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 8 | |||
Public - | 9 to 12 | |||
Private - | PK to 8 | |||
Private - | PK to 8 |
Rating | School | Distance |
---|---|---|
Anna Yates Elementary School PublicK to 8 | ||
Emery Secondary School Public9 to 12 | ||
East Bay German International School PrivatePK to 8 | ||
Pacific Rim International PrivatePK to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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