2425 Grant St | Berkeley, CA 94703
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- LoopNet Team
2425 Grant St
Berkeley, CA 94703
10 Units Under 1 Mile From UC Berkeley · Multifamily Property For Sale
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10 Units
INVESTMENT HIGHLIGHTS
- 6% CAP RATE, $2,603 AVERAGE RENT: SOLID INVESTMENT POTENTIAL WITH STRONG RETURNS
- NEAR UC BERKELEY CAMPUS: LESS THAN A MILE FROM THE #1 PUBLIC UNIVERSITY IN THE WORLD
- SEISMIC RETROFIT COMPLETED IN 2015, SEWER LATERAL IS IN COMPLIANCE
- CENTRAL BERKELEY LOCATION: JUST 2 BLOCKS FROM DOWNTOWN & BART FOR PRIME ACCESSIBILITY
- MODERN RENOVATIONS: 9 OUT OF 10 UNITS FEATURE STYLISH CONTEMPORARY FINISHES
- FRESH EXTERIOR UPDATES: NEW PAINT AND LANDSCAPING FOR ENHANCED CURB APPEAL
PROPERTY FACTS
| No. Units | 10 | Building Size | 7,697 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1962/2023 |
| Building Class | C | Parking Ratio | 1.17/1,000 SF |
| Lot Size | 0.15 AC |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 7,697 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1962/2023 |
| Parking Ratio | 1.17/1,000 SF |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Tub/Shower
- Yard
- Double Pane Windows
- Freezer
- Linen Closet
SITE AMENITIES
- Controlled Access
- Laundry Facilities
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 1 | - | 400 |
| 2+1 | 9 | - | 800 - 895 |
PROPERTY TAXES
| Parcel Number | 055-1903-023-00 | Improvements Assessment | $2,641,800 |
| Land Assessment | $1,020,000 | Total Assessment | $3,673,350 |
PROPERTY TAXES
Parcel Number
055-1903-023-00
Land Assessment
$1,020,000
Improvements Assessment
$2,641,800
Total Assessment
$3,673,350
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