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2120 Grant St 9 Unit Apartment Building $3,800,000 ($422,222/Unit) 6.33% Cap Rate Berkeley, CA 94703
Investment Highlights
- 7,347 SF Building with 9 Units
- Strong Rental Income Potential
- Well-Maintained Property
- Prime Berkeley Location
- Modern, Comfortable Living Spaces
- Attractive Multifamily Investment Opportunity
Executive Summary
This impressive property features a 7,347 square foot building comprising 9 units, making it a desirable asset for Multifamily and High-Rise investors. With its prime location in Berkeley, the property offers a lucrative potential for long-term rental income and appreciation. The building's well-designed layout and spacious units provide a compelling proposition for tenants seeking modern and comfortable living spaces. This meticulously maintained property presents an attractive investment in the thriving Berkeley area, making it an ideal choice for astute investors looking to expand their portfolio.
Financial Summary (Actual - 2026) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2026) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,800,000 | Apartment Style | Low-Rise |
| Price Per Unit | $422,222 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 6.33% | Building Size | 7,347 SF |
| Gross Rent Multiplier | 10.34 | Average Occupancy | 0% |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.08/1,000 SF |
| Zoning | R2 - Restricted Two Family Residential | ||
| Price | $3,800,000 |
| Price Per Unit | $422,222 |
| Sale Type | Investment |
| Cap Rate | 6.33% |
| Gross Rent Multiplier | 10.34 |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,347 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built | 1964 |
| Parking Ratio | 1.08/1,000 SF |
| Zoning | R2 - Restricted Two Family Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $4,000 | 708 |
| 3+2 | 1 | $5,400 | - |
1 1
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 056-2012-011-00 | Improvements Assessment | $2,388,633 |
| Land Assessment | $1,023,463 | Total Assessment | $3,412,096 |
Property Taxes
Parcel Number
056-2012-011-00
Land Assessment
$1,023,463
Improvements Assessment
$2,388,633
Total Assessment
$3,412,096
Contacts
-
Grant Chappell -
Jonathan Burmenko -
Robert Chappell -
Sam Hayes -
NAI Northern California
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