2222 Haste, Berkeley, CA 94704

$2,010,000
7
BD
3,339
SqFt

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Listed by Jatin Mehta, (949) 929-9562 from Pellego
(If provided) CoList: from

Sold listing courtesy of Noah Matthew from OBAGENCY

Sold Price
$2,010,000
List Price
$2,078,000
Closing Date
Sep 09, 2024
MLS#
EB41069383
Status
SOLD
Sqft. of Residence
3,339
Lot Size
6,700
Listing Area
Berkeley Map Area 9

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.

Additional Information

Acres
0.15
Age
128
Amenities
Storage Area(s)
Cooling System
Air Conditioning - None
Days On Market
Unknown
Floor Covering
Carpet - Wall to Wall, Wood
Garage Parking
No Parking
Heating System
Gas
Laundry Facilities
Laundry Area - In Unit
Living Area
3,339
Lot Description
Regular
Lot Size
6,700
Neighborhood
Berkeley Map Area 9
Numberof Units
4
Sewer
Sewer - Public
Unincorporated Yn
Yes

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