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2222 Haste Berkeley, CA 94704
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Key Details
Sold Price $2,010,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,339 sqft
Price per Sqft $601
MLS Listing ID EB41069383
Sold Date 09/09/24
Bedrooms 7
Originating Board Bridge MLS
Year Built 1896
Lot Size 6,700 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
Area Other Area
Interior
Heating Gas
Cooling Air Conditioning - None
Flooring Carpet - Wall to Wall, Wood
Laundry Laundry Area - In Unit
Exterior
Garage No Parking
Garage Spaces 3.0
Building
Lot Description Regular
Sewer Sewer - Public
Others
Tax ID 55-1889-19
Special Listing Condition Not Applicable
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Bought with Noah Matthew • The Agency