2231 Grant St, Berkeley, CA 94703 - Photo 1

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1/19

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$5,200,000 -$128,000 (-2.4%) Price Reduced

For Sale
Active
Commercial Residential Facility
16,733 Sq. Ft.
Updated 2 hours ago

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1/19

Property Description

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 5.7% 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.

Full Property Details

Full Property Details for 2231 Grant St

General

Price: $5,200,000
Status: Active
Type: Commercial Residential Facility
Source: RE_Infolink
MLS ID: ML82033849
Updated: 3/5/2026
Added to Site: 27 day(s) ago

Rooms

Other Rooms

Laundry: Coin-Operated

Additional Information

Security/Safety: None

Parking

Parking Features: Assigned Spaces, Off-Street Parking

Location

Area: Berkeley Map Area 7
County: Alameda

Heating & Cooling

Cooling Type: None

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Individual Electric Meters, Individual Gas Meters
Metering: Master Water, Separate Electric, Separate Gas

Structural Information

Foundation: Wood Frame
Roof: Rolled Composition
Disability Access: Elevator/Lift, Parking
Square Feet: 16,733
Year Built: 1967

Unit Information

Unit 1

Square Feet: 950
Bedrooms: 2

Unit 2

Square Feet: 850
Bedrooms: 2

Unit 3

Square Feet: 680
Bedrooms: 1

Unit 4

Square Feet: 500

Lot Features

Minimum Lot Size: 13000
Building Sites: 1
Zoning: RM

Disclosures and Reports

Restrictions: None

Listed by Marcus & Millichap, Eymon Binesh and Marcus & Millichap, Mark Kis

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Listing agents

— 2231 Grant St —

Eymon Binesh

Marcus & Millichap
Mark Kis

Marcus & Millichap

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Schools

Schools serving 2231 Grant St

School District:Berkeley Unified School District

Name	Grades	Distance
Washington Elementary School, Berkeley, CA 2300 Martin Luther King Junior Way, Berkeley, CA 94704	K-5	0.1 mi
Berkeley Arts Magnet at Whittier School 1645 Milvia Street, Berkeley, CA 94709	K-5	0.7 mi
Oxford Elementary School 1222 University Avenue, Berkeley, CA 94702	K-5	0.8 mi
Willard Middle School 2425 Stuart Street, Berkeley, CA 94705	6-8	1 mi
Berkeley High School 1980 Allston Way, Berkeley, CA 94704	9-12	0.2 mi
Sylvia Mendez Elementary 2840 Ellsworth Street, Berkeley, CA 94705	K-5	0.9 mi
Malcolm X Elementary School 1731 Prince Street, Berkeley, CA 94703	K-5	1 mi
Cragmont Elementary School 830 Regal Road, Berkeley, CA 94708	K-5	1.9 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2231 Grant St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/05/2026

Price Reduced

$5,200,000

-2.4%

MLS

2/05/2026

Listed

$5,328,000

19.73%

MLS

3/01/2016

Sold

$4,450,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 2231 Grant St

Year

Property Taxes

Change

Tax Assessment

Change

2025

$100,305

13%

$5,344,060

2024

$88,951

$5,161,280

2023

$84,946

$5,062,498

2022

$83,269

—

$4,963,664

2021

$83,373

$4,866,780

2020

$78,413

$4,817,120

2019

$74,800

$4,701,116

2018

$73,471

$4,608,972

2017

$70,896

48%

$4,518,600

63%

2016

$47,923

$2,768,437

2015

$47,205

$2,726,876

2014

$46,762

—

$2,673,475

—

2013

$46,906

—

$2,661,415

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 2231 Grant St

2231 Grant St, Berkeley, CA 94703 (MLS# ML82033849) is a Commercial Residential Facility property. 2231 Grant St is currently listed for $5,200,000 and was received on February 05, 2026. Want to learn more about 2231 Grant St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.

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2231 Grant St Berkeley, CA 94703