1291 55th St

Emeryville, CA 94608
$985,000
3817 sqft | 10 beds | 7.5 baths | 0.09 acres | #41070580
Courtesy of Redfin

Description

Dream project for all investors and developers! Amazing chance to bring a duplex project to life in Emeryville! This fixer-upper comes with all permits approved and ready to be pulled, allowing you to convert the property into a massive 3,817 square foot duplex. The plans include two spacious units—one with 5 bedrooms and 4 bathrooms, and the other with 5 bedrooms and 3.5 bathrooms—making this property ideal for rental income or multi-generational living. This lot offers the space for this duplex transformation, which will result in two modern, expansive living spaces with ample room for tenants or family members. With the hard work of getting the plans approved already done, you can move forward immediately with construction and customization to fit your vision. There’s also the potential to add another ADU for an even greater return on your investment. Situated in a prime Emeryville location, this property is close to popular shopping centers, Bay Street, and a variety of dining options. Commuters will appreciate the convenient access to major freeways, public transit, and the quick connection to both San Francisco and Oakland. With permits ready to go,this is an extraordinary opportunity to create a profitable duplex in one of the Bay Area’s most desirable neighborhoods.
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  • Interior Details
    • Beds & Baths
      • Bedrooms:10
      • Bathrooms:7.5
      • Full Baths:7
      • Half Baths:1
  • Property Details
    • Property
      • Lot description:BackYard, FrontYard
    • Measurements
      • Acres:0.0884
      • Square Feet:3817
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Purchase
    • Condition
      • Year built:1910
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
  • Community and Neighborhood Details
    • Community
      • Subdivision:EMERYVILLE
    • Location
      • County:Alameda
  • Financial Details
    • Pricing Details
      • Original List Price:$985, 000
  • Other
    • Source
      • MLS #:41070580

Location

The Alcantara GroupReal Estate Group
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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