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1121 40th St APT 4201, Emeryville, CA, 94608

1beds
1baths
644sqft
$235,000
$365price/sqft
$1,782/moest. monthly cost
$71,280/yrincome needed

About This Home

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.

Getting Around

95
WalkingWalker's Paradise
0
TransitVery Limited Transit
97
BikeBiker's Paradise

Schools

4/10
3/10
Emery Secondary SchoolGrades 9-120.4 mi

Construction

Condition

  • Property condition: Existing
  • Year built: 2005

Materials

  • Roof: Tar/Gravel

Type & Style

  • Home type: Condo
  • Architectural style: Contemporary
  • Property subType: Residential,Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Microwave,Refrigerator,Dryer,Washer

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Storage
  • Flooring: Laminate,Carpet
  • Fireplace features: None
  • Common walls with other units/homes: Corner Unit

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total structure area: 644
  • Total interior livable area: 644 sqft

Kitchen

  • Features: Stone Counters,Dishwasher,Electric Range/Cooktop,Microwave,Refrigerator

Property

Details

  • Parcel number: 049 154702200
  • Special condition: Below Market Rate

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Exterior features: Balcony

Lot

  • Lot size: 5,860 sqft
  • Features: Zero Lot Line,No Yard

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Alameda County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,188$14,256
Home Insurance *$48$576
Property Taxes $148$1,776
Electricity $398$4,786
Total$1,782$21,384
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$61,097/yr
40% on housing$53,460/yr
45% on housing$47,520/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.0%
2.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$365This listing

vs Other Active Listings

Avg $/sqft

ZIP 94608$347
Alameda County$497

vs Homes Sold Last Month

Median $/sqft

ZIP 94608$557
Alameda County$664

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-03Listed for sale$235,000
2026-06-26Contingent$235,000
2026-06-01Listed for sale$235,000
2026-04-26Listing removed$279,999
2026-03-10Price change$279,999
2026-01-01Price change$296,000
2025-10-26Price change$314,900
2025-09-14Listed for sale$329,000
2025-06-27Listing removed$329,000
2025-04-24Listed for sale$329,000

For Sale by Agent

AgentRajeet Kaur
BrokerageVylla Home, Inc.

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