Multifamily
2231 Grant St
2231 Grant St, Berkeley, CA 94703
Listing Price: $4,828,000
Investment Overview
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.
2231 Grant St
Investment Highlights
- Rare 22-unit Berkeley multifamily asset offered at $219,455/unit and $288/SF, providing investors an attractive basis in a highly desirable, supply-constrained rental market.
- Stable cash-flowing investment with 91% occupancy, $43K+ in monthly rental income, individually metered gas and electric, elevator service, and dedicated parking—offering immediate income with long-te
- Ideally situated near UC Berkeley this 22-unit apartment community benefits from strong and consistent rental demand driven by one of the nation's top universities offering investors durable occupancy
Exclusively Listed By
Listing Price: $4,828,000
Investment Highlights
- Rare 22-unit Berkeley multifamily asset offered at $219,455/unit and $288/SF, providing investors an attractive basis in a highly desirable, supply-constrained rental market.
- Stable cash-flowing investment with 91% occupancy, $43K+ in monthly rental income, individually metered gas and electric, elevator service, and dedicated parking—offering immediate income with long-te
- Ideally situated near UC Berkeley this 22-unit apartment community benefits from strong and consistent rental demand driven by one of the nation's top universities offering investors durable occupancy
Investment Overview
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.
Exclusively Listed By
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