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Sold for $2,010,000 on 09/09/24
  • $2,010,000

    2222 Haste St, Berkeley, CA 94704

    7beds
    6baths
    3,339sqft
    Quadruplex
    Built in 1896
    -- sqft lot
    $1,690,700 Zestimate®
    $602/sqft
    $7,017 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: September 09, 2024 at 05:18pm

    Listed by:

    Jatin Mehta DRE #02045713 949-929-9562,

    Pellego

    Bought with:

    Noah Matthew, DRE #01941818

    The Agency

    Source: bridgeMLS/CCAR/Bay East AOR,MLS#: 41069383MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 6
    Heating
    • Natural Gas
    Cooling
    • No Air Conditioning
    Appliances
    • Laundry: In Unit
    Features
    • Storage
    • Flooring: Carpet, Wood
    • Basement: None
    Interior area
    • Total structure area: 3,339
    • Total interior livable area: 3,339 sqft

    Property

    Parking
    • Parking features: None
    Features
    • Exterior features: No Yard
    Lot
    • Size: 6,534 sqft
    • Features: Regular, Paved
    Details
    • Parcel number: 55188919
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Wood
    Condition
    • Year built: 1896

    Utilities & green energy

    • Utilities for property: Individual Electric Meter, Individual Gas Meter

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Berkeley

    Other

    Other facts
    • Listing terms: Cash,Conventional,1031 Exchange
    Services availability
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    Estimated market value

    $1,690,700