CA
Alameda
BERKELEY
94703
2231 Grant Street
2231 Grant Street, BERKELEY, CA 94703
Share Listing
Listing Type
Multi Family
Listing Status
Active
19
$5,328,000

Home Details for 2231 Grant Street

Price
$5,328,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
16733
Year built
1967
County
Alameda
Garage
Days on site
24
MLS Listing#
ML82033849
Listed By: Marcus & Millichap - 650-391-1700
Listed By: Eymon Binesh
Property Description

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 5.50% 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.

Property Features
  • Parking
    • Off Street
    • Assigned
  • Cooling Information
    • None
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • Elevator
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Based on information from the MLSListings MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 MLSListings Inc. All rights reserved.

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Last Updated: 2026-02-18 03:10:10
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EXIT REALTY CONSULTANTS
16175 Monterey #A, Morgan Hill, CA 95037
CA DRE# 01424183. Kris Klair Broker.
Margaret Vierra
Associate Broker
Office
209 668 2525
Agent
408 202 3243
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