Seller's Agent in 2024
Keith Manson
Cushman & Wakefield
(415) 244-6300
3 in this area
39 Total Sales
2425 Grant St Berkeley, CA 94703
Downtown Berkeley Neighborhood
18
Beds
--
Bath
7,297
Sq Ft
6,750
Sq Ft Lot
Highlights
- Wood Flooring
- Fenced Yard
- Double Pane Windows
- Washington Elementary School Rated A
- Balcony
- 3-minute walk to Becky Temko Tot Park
About This Home
As of June 2024Back 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.
Last Agent to Sell the Property
Cushman & Wakefield License #DRE #01490046 Listed on: 02/27/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962 | Remodeled
Lot Details
- 6,750 Sq Ft Lot
- Fenced Yard
Interior Spaces
- 7,297 Sq Ft Home
- 3-Story Property
- Double Pane Windows
Kitchen
- Free-Standing Electric Oven
- Free-Standing Electric Range
- Microwave
- Free-Standing Freezer
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 9 Parking Spaces
- 9 Carport Spaces
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Wall Furnace
- Separate Meters
- Gas Water Heater
Community Details
- 10 Units
- Coin Laundry
- 10 Leased Units
Listing and Financial Details
- Tenant pays for electricity, gas, parking fee, sewer, water
- Assessor Parcel Number 055-1903-023
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/13/2024 06/13/24 | Sold | $3,600,000 | -0.8% | $493 / Sq Ft |
| 03/16/2024 03/16/24 | Pending | -- | -- | -- |
| 02/27/2024 02/27/24 | For Sale | $3,630,000 | -- | $497 / Sq Ft |
Source: San Francisco Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $41,111 | $3,673,350 | $1,020,000 | $2,641,800 |
| 2024 | $41,111 | $2,174,460 | $541,995 | $1,632,465 |
| 2023 | $40,187 | $2,131,829 | $531,369 | $1,600,460 |
| 2022 | $53,450 | $2,090,028 | $520,950 | $1,569,078 |
| 2021 | $39,229 | $2,049,058 | $510,738 | $1,538,320 |
| 2020 | $36,643 | $2,031,955 | $505,503 | $1,526,452 |
| 2019 | $34,665 | $1,992,202 | $495,594 | $1,496,608 |
| 2018 | $33,988 | $1,953,226 | $485,879 | $1,467,347 |
| 2017 | $32,754 | $1,915,007 | $476,353 | $1,438,654 |
| 2016 | $31,396 | $1,878,188 | $467,015 | $1,411,173 |
| 2015 | $30,935 | $1,850,045 | $460,000 | $1,390,045 |
| 2014 | $27,537 | $1,544,245 | $555,311 | $988,934 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Manson
-
Zachary Greenwood
Seller Co-Listing Agent in 2024
Zachary Greenwood
Cushman & Wakefield
(559) 930-1770
1 in this area
33 Total Sales
-
Thomas So
T
Buyer's Agent in 2024
Thomas So
Derek Yeung, Broker
(650) 827-9000
1 in this area
5 Total Sales
Map
Source: San Francisco Association of REALTORS®
MLS Number: 424011528
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