Martha Park
Better Homes And Gardens Rp
(628) 213-7201
49 Total Sales
1 in Downtown Berkeley
$775,000 Price
2425 Grant St Berkeley, CA 94703
Downtown Berkeley Neighborhood
18
Beds
--
Bath
7,297
Sq Ft
6,750
Sq Ft Lot
Highlights
- Wood Flooring
- Balcony
- Coin Laundry
- Fenced Yard
- Double Pane Windows
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
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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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 27, 2024
Closed on
May 15, 2024
Sold by
Bought by
Seller's Agent
Keith Manson
Cushman & Wakefield
Buyer's Agent
Thomas So
Derek Yeung, Broker
List Price
$3,630,000
Sold Price
$3,600,000
Premium/Discount to List
-$30,000
-0.83%
Views
21
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,525,000
Outstanding Balance
$1,491,427
Interest Rate
7.22%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 20, 2014
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,180,000
Interest Rate
4.09%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 25, 2007
Sold by
Bought by
Purchase Details
Closed on
Jul 7, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,000
Interest Rate
6.57%
Mortgage Type
Commercial
Purchase Details
Closed on
May 2, 2006
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.18%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 8, 2000
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Downtown Berkeley, CA
-
Martha Park
-
Stephen Beard
Stephen Beard
Kw Advisors East Bay
(510) 962-7729
41 Total Sales
2 in Downtown Berkeley
$802,500 Price Range
-
Mitchell Barocio
Mitchell Barocio
Real Broker
(925) 483-7517
48 Total Sales
1 in Downtown Berkeley
$1,800,000 Price
-
Daniel Winkler
Daniel Winkler
Winkler Real Estate Group
(510) 871-8855
143 Total Sales
1 in Downtown Berkeley
$1,710,000 Price
-
Marc Guay
Marc Guay
(628) 230-5948
38 Total Sales
2 in Downtown Berkeley
$1,650,000 Price Range
-
Seth Franklin
Seth Franklin
Responds QuicklyRed Oak Realty
(925) 402-1347
43 Total Sales
2 in Downtown Berkeley
$901K - $1.1M Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $3,600,000 | Old Republic Title | ||
| -- | Old Republic Title Company | ||
| -- | None Available | ||
| $1,415,000 | North American Title Co | ||
| -- | North American Title Co | ||
| -- | North American Title Co | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,525,000 | ||
| Previous Owner | $2,560,000 | ||
| Previous Owner | $1,180,000 | ||
| Previous Owner | $1,050,000 | ||
| Previous Owner | $910,000 | ||
| Previous Owner | $800,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $64,542 | $3,745,536 | $1,040,400 | $2,694,636 |
| 2025 | $64,542 | $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
Seller's Agent in 2024
Keith Manson
Cushman & Wakefield
(415) 244-6300
1 in this area
34 Total Sales
-
Zachary Greenwood
Seller Co-Listing Agent in 2024
Zachary Greenwood
Cushman & Wakefield
(559) 930-1770
1 in this area
30 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
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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