2231 Grant Street, Berkeley, CA 94703

  • $5,200,000
  • $5,328,000
2231 Grant Street, Berkeley, CA 94703
Active
2231 Grant Street, Berkeley, CA 94703
2231 Grant Street, Berkeley, CA 94703
  • $5,200,000
  • $5,328,000

Description

BCG Multifamily of Marcus & Millichap is pleased to present 2231 Grant Street, a well-located 22-unit apartment community in Berkeley featuring a strong mix of spacious two-bedroom, one-bedroom, and studio floor plans. Situated in a highly desirable rental market with consistent demand, the property benefits from strong fundamentals, proximity to major employers and transit, and easy access to downtown Berkeley, UC Berkeley, and neighborhood retail. The property offers a 5.7% in-place cap-rate with upside to an estimated 9% return, combined with an exceptionally low price per unit, presenting a rare value-add opportunity in one of the Bay Area’s most supply-constrained rental markets.

  • Address 2231 Grant Street
  • City Berkeley
  • State/county CA
  • Zip/Postal Code 94703

Details

Updated on March 16, 2026 at 11:37 pm
  • Property ID: ML82033849
  • Price: $5,200,000
  • Property Size: 16733 Sqft
  • Land Area: 0.2984 Acres
  • Garage Size: x x
  • Year Built: 1967
  • Property Type: Commercial Sale
  • Property Status: Active

Additional details

  • Cooling: None
  • Heating: Electric
  • County: Alameda
  • Property Type: Commercial Sale

Contact Information

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  • Hoyt Hochman