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.
MLS #
ML82033849
MLS Source
MLSListings, Inc.
Days on Site
5
Laundry
Coin Operated
Cooling
None
Heating
Electric
Roof
Rolled/Hot Mop
Foundation
Wood Frame
Garage/Parking
Assigned Spaces, Off-Street Parking, Garage: 0 Car(s)
Elementary District
Berkeley Unified
High School District
Berkeley Unified
Sewer
Public Sewer
Water
Public
Zoning
RM
Listing Agent
Eymon Binesh
Marcus & Millichap
License #: 02060059
Phone: (650) 546-1030
Co-Listing Agent
Mark Kis
License #: 02248309
Phone: (510) 955-7988
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | 22 | 22 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | 950 | 2 | 1/1 | $1,756 | $1,756 | 1 |
| 2 | 850 | 2 | 1/0 | $1,390 | $2,803 | 7 |
| 3 | 680 | 1 | 1/0 | $994 | $2,250 | 11 |
| 4 | 500 | 0 | 1/0 | $1,500 | $1,895 | 3 |
2231 Grant St is a Residential Income in Berkeley, CA 94703. This 16,733 square foot property sits on a 13,000 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $5,328,000 and was built in 1967. This address can also be written as 2231 Grant St, Berkeley, CA 94703.
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This listing information is up-to-date as of February 06, 2026. For the most current information, please contact Eymon Binesh, (650) 546-1030