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Listed by Timothy Warren • NAI Northern California
$ 3,400,000
Est. payment | /mo
7,297 SqFt
$ 3,400,000
Est. payment | /mo
7,297 SqFt
Key Details
Property Type Commercial
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 7,297 sqft
Price per Sqft $465
Subdivision Central Berkeley
MLS Listing ID 41146444
HOA Y/N No
Year Built 1962
Lot Size 6,750 Sqft
Property Sub-Type 5 or More Units
Source Bridge AOR
Property Description
2425 Grant Street is a well-maintained 10-unit apartment building ideally located in central Berkeley. The property features an attractive unit mix of nine two-bedroom/one-bathroom units and one studio, totaling approximately 7,297 square feet on a 6,910-square-foot lot. Nine of the ten units have been remodeled with contemporary finishes, while recent capital improvements include a seismic retrofit, exterior painting, and updated landscaping. Additional amenities include nine off-street parking spaces, on-site coin-operated laundry, and a large owner's storage room. Each unit is separately metered for water, gas, and electricity, helping reduce operating expenses and maximize cash flow. With spacious floor plans, updated interiors, individual utility metering, ample parking, and significant completed improvements, 2425 Grant Street presents an attractive multifamily investment opportunity in the heart of Berkeley.
Location
State CA
County Alameda
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate, Vinyl
Fireplace No
Building
Lot Description Front Yard, Security Gate
Water Public
Others
Special Listing Condition Standard
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Adam Shoop
Broker Associate at LPT Realty Lic# 1782227