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$ 4,828,000
Est. payment /mo
Active
2231 Grant ST Berkeley, CA 94703
0.3 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID ML82053677
HOA Y/N No
Year Built 1967
Annual Tax Amount $87,972
Lot Size 0.298 Acres
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 699 - Not Defined
Zoning RM
Interior
Heating Electric
Cooling None
Fireplace No
Exterior
Carport Spaces 4
Total Parking Spaces 6
Building
Water Public
Schools
School District Other
Others
Tax ID 057201401901
Special Listing Condition Standard
Listed by Eymon Binesh Marcus & Millichap #02060059