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1121 40th Street, 4201, Emeryville, CA

$235K1bd · 1ba · 644 sqft
Lot 5,860 sqft•HOA $648/mo•Condominium•
Active
•133d on market•MLS# 01-41136752

Property Description

Discover modern, move-in-ready living in the heart of Emeryville — and one of the Bay Area's rare BMR opportunities with NO income limits and NO first-time buyer requirement. This bright 1-bed, 1-bath condo features an open-concept layout, abundant natural light, in-unit laundry, generous closet space, and a private balcony. Residents enjoy gated parking, a fitness center, and a relaxing jacuzzi. Commuting is effortless: less than half a mile to MacArthur BART, with the free Emery-Go-Round shuttle and Transbay F bus right outside — direct access to BART, Bay Street, Emeryville Marina, San Francisco, and UC Berkeley. Trader Joe's, Whole Foods, Berkeley Bowl, and Pak 'n Save are all minutes away. An accessible entry into Bay Area homeownership designed for long-term value in one of the East Bay's most connected neighborhoods.

Features & Amenities

FeeBuilt 2005

Property Details

Land Type
Fee
Year Built
2005
Property Type
Residential
Property Subtype
Condominium
Parking Spaces
1
Garage Spaces
1
Heating
Forced Air
Cooling
None
Flooring
Carpet, Laminate
Roof
Tar/Gravel
City
Emeryville
County
Alameda
Listed byUnknown Agency, Rajeet Kaur

Mortgage Calculator

Current Rates

$
$
%
Monthly Payment
$1,188.29
Principal & Interest
Loan Amount
$188,000
Total Interest
$239,784
Total Payment Over 30 Years
$427,784
This calculator provides estimates only. Actual mortgage payments may include taxes, insurance, HOA fees, and PMI. Contact a lender for accurate quotes.

Comparative Market Analysis

Affordable Tier · 5 active · 5 closed

1121 40th Street, 4201, Emeryville, CA

Emeryville · Condominium

$235K
Affordable Tier
Beds
1
Baths
1
Sqft
644
Lot
5,860 sqft
Year
2005
$/Sqft
$365
Pool: No✓
Spa: Yes✓
Garage: 1-car✓

Listed 33.8% below the median closed sale of $355,000. Price per sqft ($365) is a 31% discount to closed comps ($531).

Price Position

Priced below the market — value advantage over the field.

Price advantage
Subject listed at $235K· $365/sqft
Total list price
Closed comps
vs closed median $355K
−$120K (−33.8%)
Active comps
vs active median $350K
−$115K (−32.9%)
Price per sqft
Closed compsinsufficient comp data
Active comps
vs active avg $/sqft $548
−$183 (−33.4%)

Active Properties (5)

Active Comparables

AddressCityYearBDBTHSqFtLotSzLP/SqFtLPDIMScore
6400 Christie AveEmeryville198811685286,590$511$350,0003880
1121 40th STEmeryville2006227580$637$482,8886679
4 Admiral DrEmeryville197311670109,923$521$349,00012275
6400 Christie AveEmeryville198801565286,590$504$285,0005874
8 Commodore DREmeryville197311731109,923$568$415,0003273
Total: 5 · Average1.01.2681.8198,256.5$548.2$376,377.663.2
Median685$350,000

Closed Properties (5)

Closed Comparables

AddressCityYearDateBDBTHSqFtLotSzLPSPSP/SqFtSP/LPDIMScore
5855 Horton StreetEmeryville200309/04/20261163393,820$335,000$335,000$5291.0010186
6363 Christie AveEmeryville198409/16/2026116340$369,000$369,000$5821.008986
8 Commodore DriveEmeryville197309/18/2026116530$395,000$360,000$5510.9113685
6400 Christie AveEmeryville198807/15/202611658286,590$365,000$355,000$5400.976280
8 Admiral Dr.Emeryville197307/11/2026116880$315,000$310,000$4510.987080
Total: 5 · Average1.01.0653.2190,205$345,800$345,800$530.6—91.6
Median653$355,000$355,000

Market Analysis

List vs Sale $/SqFt

Sale Price Trend

Days on Market

Sale vs List Price

AI-generated CMA

This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.