Berkeley, CA 94703,2425 Grant
Listed by Keith Manson CBRE
$3,600,000
$3,630,000
0.8%
Est.Price: ?

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18 BD
4 BA
7,297 SqFt

2425 Grant Berkeley, CA 94703

Est. payment /mo
SOLD DATE : 06/13/2024

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Key Details

Sold Price $3,600,000

Property Type Multi-Family

Sub Type Multi Family

Listing Status Sold

Purchase Type For Sale

Square Footage 7,297 sqft

Price per Sqft $493

MLS Listing ID 424011528

Sold Date 06/13/24

Bedrooms 18

Full Baths 4

HOA Y/N No

Year Built 1962

Lot Size 6,751 Sqft

Acres 0.155

Property Description

Back on the market at a 6.00% Cap Rate. 2425 Grant St is a 10 unit apartment building in central Berkeley, just a few blocks from Downtown Berkeley & under 1 mile from UC Berkeley, the #1 public university in the world. the property features 1 studio, and 9 2-bedroom units. 2 units feature private backyards & 1 unit is a tomehome style unit. 9 units have been updated with contemporary finishes. The units are individually metered for water/sewer, gas and electric, leaving few operating expenses for the seller to pay for. The property has undergone significant exterior capital improvements including a seismic retrofit (2015), sewer lateral compliance (2014), new exterior paint (2023) and new landscaping (2023). The property features 9 parking spaces, and on-site, coin-operated laundry facility and a large owner's storage room. Residents of the property are steps from Downtown Berkeley, under 1 mile to the UC Berkeley Campus and proximate to the Southside, South & North Berkeley neighborhoods making this an ideal housing option for students, young professionals and families alike. The property features an 83 Walk Score and a 95 Bike Score in addition to having easy access to several modes of public transportation including BART and AC Transit Bus lines.

Location

State CA

County Alameda

Area Berkeley Map Area 7

Interior

Heating Wall Furnace

Flooring Tile, Wood

Fireplace No

Window Features Double Pane Windows,Varies by Unit

Appliance Dishwasher, Disposal, Electric Cooktop, Free-Standing Electric Oven, Free-Standing Electric Range, Free-Standing Freezer, Free-Standing Refrigerator, Gas Water Heater, Microwave, Varies By Unit

Laundry Coin Operated, Common Area

Exterior

Exterior Feature Yard Space

Parking Type Carport, Covered, Off Street

Total Parking Spaces 9

Building

Lot Description Shape Regular, Other

Sewer Public Sewer

Water Separate Meter, Public

Level or Stories Three Or More

New Construction Yes

Others

Tax ID 0551903023

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Epique Realty

Company | License ID: DRE01797917

+1(512) 387-0722

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