Investment Overview
The Mitchell Warren Team is pleased to present 2425 Grant Street, 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.
Investment Highlights
- Prime Central Berkeley location, just one mile from the UC Berkeley campus, with convenient access to Downtown Berkeley and BART
- Highly Desirable Unit Mix consisting of nine two-bedroom/one-bathroom units and one studio
- Nine of ten units feature remodeled interiors with updated contemporary finishes
- Capital Improvements include a seismic retrofit, exterior painting, and updated landscaping
- Separate water, gas, and electric meters help reduce operating expenses and increase cash flow
- Property amenities include nine off-street parking spaces, on-site laundry, and a large owner’s storage room