2231 Grant ST, Berkeley, CA 94703
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2231 Grant ST, Berkeley, CA 94703
2231 Grant ST, Berkeley, CA 94703
2231 Grant ST, Berkeley, CA 94703
2231 Grant ST, Berkeley, CA 94703
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Kevin Khoi Nguyen

Kevin Khoi Nguyen

+1(408) 890-8098
Listed by Eymon Binesh • Marcus & Millichap, DRE#02060059
$ 4,828,000
Est. payment /mo
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2231 Grant ST Berkeley, CA 94703

5 Beds

4.5 Baths

15,069 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 15,069 sqft

Price per Sqft $320

MLS Listing ID ML82053677

Bedrooms 5

Full Baths 4

Half Baths 1

Year Built 1967

Lot Size 0.298 Acres

Property Sub-Type Five or More Units

Property Description

Perfectly positioned just blocks from the University of California, Berkeley and the vibrant dining, shopping, and entertainment along Downtown Berkeley and Shattuck Avenue, 2231 Grant Street offers investors the opportunity to acquire a premier Berkeley apartment asset in one of the East Bay's most sought-after rental markets. The 22-unit community features an attractive mix of studio, one-bedroom, and two-bedroom floor plans within a well-maintained, elevator-served building with individually metered gas and electricity and 10 off-street parking spaces. Priced at just $219,000 per unit with a 6.39% in-place CAP rate and significant upside, 2231 Grant Street represents one of the most compelling multifamily investment opportunities currently available in Berkeley.

Location

State CA

County Alameda

Area Berkeley Map Area 7

Zoning RM

Rooms

Other Rooms Laundry Room

Interior

Heating Electric

Cooling None

Laundry Coin Operated

Exterior

Parking Features Assigned Spaces, Off-Street Parking

Utilities Available Individual Electric Meters, Individual Gas Meters

Roof Type Rolled Composition

Building

Foundation Wood Frame

Sewer Sewer - Public

Water Public

Others

Restrictions None

Tax ID 057-2014-019-01

Security Features None

Special Listing Condition Not Applicable

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Kevin Khoi Nguyen
Kevin Khoi Nguyen

Agent | License ID: 01480801

+1(408) 890-8098 | kevinkhoi@pacificwide.com

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2231 Grant ST