Berkeley, CA 94704,2222 Haste
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Berkeley, CA 94704,2222 Haste
Berkeley, CA 94704,2222 Haste
Berkeley, CA 94704,2222 Haste
Berkeley, CA 94704,2222 Haste

$2,010,000

Est. payment /mo

$2,078,000

3.3%
Est.Price: ?

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2222 Haste Berkeley, CA 94704

6,699 Sqft Lot

SOLD DATE : 09/09/2024

Key Details

Sold Price $2,010,000

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 41069383

Sold Date 09/09/24

HOA Y/N No

Year Built 1896

Lot Size 6,699 Sqft

Property Description

To access the marketing package copy/paste: https://bit.ly/kitehillre 2222 Haste is an exceptional investment opportunity tailored for the student rental market, offering a unique combination of convenience and functionality. With 7 bedrooms and 6 bathrooms, this property is designed to meet the demands of student tenants. Its versatile unit mix includes a studio, a 1-bedroom, a 2-bedroom, and a 4-bedroom with 3 baths, catering to a wide range of student needs and preferences. Located just three blocks from the south side of the UC Berkeley campus, 2222 Haste provides easy access to the university, making it highly attractive to students. The property boasts a strong and steady income stream, generating $10,877 per month, which amounts to an impressive annual income of $130,534. Additionally, there is significant potential to increase this cash flow, with a 32% upside in gross rents. Units 2220A and 2220B, in particular, present a remarkable opportunity for rental growth, with the potential to increase gross rents by 150% to 300%. This makes 2222 Haste not only a reliable source of income but also a valuable asset with room for further financial growth. Beyond its income potential, 2222 Haste offers practical features that enhance its appeal.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Flooring Carpet, Wood

Fireplace No

Exterior

Garage None

Parking Type None

Total Parking Spaces 3

Building

Sewer Public Sewer

Others

Tax ID 55188919

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Financing Cash

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California Regional MLS (CRMLS)
Listed by Jatin Mehta • Pellego
Bought with Noah Matthew • The Agency

Alexander Duarte

CEO | i01970077

+1(714) 376-9253

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