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Commercial Property — 2231 Grant Street, Berkeley, CA

$4,828,000

2231 Grant Street, Berkeley, CA

$4,828,000 — 2231 Grant Street, Berkeley, CA — photo 1 $4,828,000 — 2231 Grant Street, Berkeley, CA — photo 2 $4,828,000 — 2231 Grant Street, Berkeley, CA — photo 3 $4,828,000 — 2231 Grant Street, Berkeley, CA — photo 4 $4,828,000 — 2231 Grant Street, Berkeley, CA — photo 5
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About this property

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.

Property details

Square feet
15,069
Year built
1967
Property type
CommercialSale

Location

2231 Grant Street • Berkeley, CA 94703

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Listed by

Eymon Binesh · Marcus & Millichap

Listing courtesy of Marcus & Millichap. Information deemed reliable but not guaranteed.

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