2231 Grant Street, Berkeley, CA 94703

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List Price
$4,828,000
Closing Date
Oct 26, 2026
Status
PENDING
MLS#
ML82053677
Year Built
1967
Lot Size
13,000
Acres
0.30
Days on Market
78
Property Type
Commercial

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.

Additional Information

Taxes
$87,972
Heat
Electric
Cooling
Yes
Cooling Description
None
Water
Public
School District
Other
Attached Structure
Detached
Number Of Units Total
22
Gross Scheduled Income
$520,261

Listing courtesy of Listing Agent: Eymon Binesh (ebinesh@marcusmillichap.com) from Listing Office: Marcus & Millichap.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.