2120 Grant Street, Alameda, California 94703

$3,800,000

Property Type

Residential Income

City

Berkeley

Status

Active

Presenting 2120 Grant Street, a turnkey property located on a quiet tree lined street . The building comprises 9 spacious units, each featuring private balconies and modern amenities. With over $1,000,000 in recent capital improvements, including seismic retrofit and unit remodeling, this property offers exceptional value. Ideally situated just six blocks from UC Berkeley, it appeals to both students and working professionals seeking proximity to the vibrant campus. The mix of eight 2-bed 2-bath and one 3-bed 2-bath unit is unique to this submarket, appealing to a broad tenant base. The property also has city approved plans for two additional 3-bed 2-bath ADU's, further increasing the property's income potential. Ideally located on a quiet street bear downtown Berkeley, the property's location appeals to both students and young professionals. Residents benefit from the close proximity to BART, UC Berkeley and Shattuck Ave. With an abundance of national retailers and local businesses nearby, the area offers an array of dining and retail options. North Berkeley's Gourmet Ghetto, home to Chez Panisse and Cheese Board, is also a short walk away.