$4,828,000
Pending2231 Grant Street
Berkeley CA 94703
15,069
SF
Commercial
Type
1967
Built
$320/SF
Cost/SF
Listing Agent
Mark Kis
DRE #: 02248309
Brokerage: Marcus & Millichap
Location Analysis
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 Information
Property Overview
Commercial
Property Type
Pending
Status
RM
Zoning
0.2984 acres
Lot Size
22
Total Units
15,069 SF
Square Footage
$320.39/SF
Price per SF
$87,972
Annual Tax
1,967
Year Built
6
Parking Total
0.40
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.
CRMLS
MLS# ML82053677
Listed:
Nalren refreshed:
Last updated
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Listed by: Marcus & Millichap
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Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.