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$4,828,000
ML82053677 MLS
Perfectly positioned just blocks from the University of California, Berkeley and the vibrant dining, shopping, and entertainment along Downtown Berkeley and Shattuck Avenue, 2231 Grant Street offers investors the opportunity to acquire a premier Berkeley apartment asset in one of the East Bay's most sought-after rental markets. The 22-unit community features an attractive mix of studio, one-bedroom, and two-bedroom floor plans within a well-maintained, elevator-served building with individually metered gas and electricity and 10 off-street parking spaces. Priced at just $219,000 per unit with a 6.39% in-place CAP rate and significant upside, 2231 Grant Street represents one of the most compelling multifamily investment opportunities currently available in Berkeley.

2231 Grant ST, Berkeley

$4,488,000
ML82057793 MLS
1430 Josephine Street, a 19-unit, fully occupied multifamily investment opportunity located in one of Berkeley's most desirable rental submarkets. Built in 1960, the property spans 12,288 square feet on a 0.31-acre lot and offers a highly desirable unit mix of fifteen 2-bedroom and four 1-bedroom units, complemented by 12 carport parking spaces. Offered at $4,488,000 ($236,211 per unit / $365 per square foot), the asset is 95% leased and generating a stable 6.03% current cap rate, with in-place rents running approximately 23% below market creating substantial upside for a new owner through natural turnover and lease-up to market rates, projected to reach an 8.99% pro forma cap rate. Individually metered gas and electric help control owner expenses, while the property's infill North Berkeley location provides convenient access to UC Berkeley, major East Bay employers, BART, and I-80. With Berkeley's limited housing supply and consistently strong renter demand, 1430 Josephine Street offers investors a rare opportunity to acquire a stabilized, high-occupancy asset with significant embedded rental growth in a high-barrier-to-entry market.

1430 Josephine ST, Berkeley

$4,388,000
ML82053675 MLS
Located in the heart of Berkeley's highly sought-after Elmwood neighborhood, 2801 College Avenue presents a rare opportunity to acquire a 21-unit apartment community in one of the East Bay's premier rental markets. The property offers an attractive mix of one-bedroom, two-bedroom, and studio floor plans, providing broad tenant appeal and long-term occupancy stability. Offered at an in-place 6.29% CAP rate with substantial upside through future rental growth, the asset combines strong day-one cash flow with significant value-add potential. Priced at just $209,000 per unit, 2801 College Avenue represents an exceptional value in a supply-constrained location, just steps from the vibrant College Avenue retail corridor, renowned restaurants, cafés, and UC Berkeley.

2801 College AVE, Berkeley

$2,700,000
ML82054024 MLS
Located in one of Berkeley's most sought-after residential corridors, 1614 Milvia Street presents a compelling opportunity to acquire an eleven-unit apartment building consisting of (11) one-bedroom, one-bathroom units. Built in 1961, the property offers approximately 6,722 square feet of building area situated on a 6,750 square foot lot, delivering an efficient and well-proportioned multifamily asset in the heart of the East Bay's strongest rental market. Notably, (5) units will be delivered vacant at close of escrow, offering an investor the immediate ability to lease at current market rents and capture significant upside from day one. Ideally positioned just blocks from the UC Berkeley campus, Downtown Berkeley, and the energy of University Avenue, the property benefits from immediate proximity to Andronico's Community Market, BART, and the full complement of dining, retail, and cultural amenities that define this vibrant neighborhood. This premier Berkeley location commands consistent tenant demand driven by the university's academic calendar, a deep pool of professional and graduate renters, and the area's enduring desirability among long-term residents making 1614 Milvia Street an exceptional addition to any Bay Area multifamily portfolio.

1614 Milvia ST, Berkeley

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