1121 40th ST, 5102, Emeryville, CA 94608
1121 40th ST, 5102, Emeryville, CA 94608
Property Description
LOCATION * LOCATION * BMR * This 758 square foot condo home features 2 bedrooms and 2 bathrooms. We can assist with the BMR guidelines. INCOME AND OCCUPANCY RESTRICTIONS This 2-bedroom home requires a minimum household size of two (2) persons. Maximum household income limits apply based on household size. For 2026, the maximum income is $197,300 for a 2-person household and $221,950 for a 3-person household. Please refer to the Emeryville BMR Guidelines for complete income and occupancy requirements. This is a Below Market Rate (BMR) resale opportunity subject to the City of Emeryville's BMR Ownership Program and Resale Restriction Agreement. Sale is restricted to buyers who qualify for and are approved by the City of Emeryville's BMR Program prior to the close of escrow. Buyers must complete the City's income certification and approval process.
Features & Amenities
Property Details
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Current Rates
Comparative Market Analysis
Affordable Tier · 5 active · 5 closed
Emeryville · Condominium
Listed 7.3% above the median closed sale of $450,000. Price per sqft ($637) is a 22% premium to closed comps ($523).
Price Position
Positioned above the market — commands a premium.
Active Properties (5)
Active Comparables
| Address | City | Year | BD | BTH | SqFt | LotSz | LP/SqFt | LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|
| 3801 San Pablo Ave | Emeryville | 2009 | 2 | 2 | 859 | 13,479 | $235 | $202,100 | 11 | 91 |
| 6400 Christie Ave | Emeryville | 1988 | 2 | 2 | 985 | 286,590 | $497 | $489,988 | 36 | 80 |
| 1121 40th Street | Emeryville | 2005 | 1 | 1 | 644 | 5,860 | $365 | $235,000 | 132 | 79 |
| 6400 Christie Ave | Emeryville | 1988 | 1 | 1 | 685 | 286,590 | $511 | $350,000 | 38 | 79 |
| 6363 Christie Ave | Emeryville | 1984 | 1 | 2 | 768 | 224,047 | $664 | $509,800 | 276 | 77 |
| Total: 5 · Average | 1.4 | 1.6 | 788.2 | 163,313.2 | $454.4 | $357,377.6 | 98.6 | |||
| Median | 768 | $350,000 | ||||||||
Closed Properties (5)
Closed Comparables
| Address | City | Year | Date | BD | BTH | SqFt | LotSz | LP | SP | SP/SqFt | SP/LP | DIM | Score |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3960 Adeline St | Emeryville | 2006 | 07/21/2026 | 1 | 2 | 895 | 14,256 | $459,000 | $450,000 | $503 | 0.98 | 124 | 83 |
| 6400 Christie Ave | Emeryville | 1988 | 08/07/2026 | 1 | 1 | 743 | 286,590 | $379,000 | $357,000 | $480 | 0.94 | 42 | 81 |
| 6363 Christie Ave | Emeryville | 1984 | 07/14/2026 | 1 | 2 | 768 | 224,046 | $425,000 | $430,000 | $560 | 1.01 | 38 | 80 |
| 6363 Christie Ave | Emeryville | 1984 | 08/03/2026 | 1 | 1 | 768 | 224,047 | $485,000 | $470,000 | $612 | 0.97 | 64 | 79 |
| 6400 Christie AVE | Emeryville | 1988 | 08/03/2026 | 2 | 2 | 985 | 286,590 | $469,000 | $455,000 | $462 | 0.97 | 115 | 79 |
| Total: 5 · Average | 1.2 | 1.6 | 831.8 | 207,105.8 | $432,400 | $432,400 | $523.4 | — | 76.6 | ||||
| Median | 768 | $450,000 | $450,000 | ||||||||||
Market Analysis
List vs Sale $/SqFt
Sale Price Trend
Days on Market
Sale vs List Price
This analysis was generated automatically from MLS data. For an in-depth, human-reviewed valuation, contact Joseph Sardella at josephsardella@gmail.com.