To access the marketing package copy/paste: https://bit.ly/kitehillre. OFFERS MAY 22ND BY NOON. Discover an exceptional investment opportunity at 2209-2211 Haste, a recently renovated duplex in the heart of Southside Berkeley just 2 blocks to campus. With a strong in-place income, this property offers an attractive combination of reliable returns, attractive metrics, and substantial upside potential. This property generates $15,800/month, resulting in an impressive annual income of $189,600, ensuring a steady and consistent cash flow. Priced at a competitive 10.88 Gross Rent Multiplier (GRM) and a 6.01% Cap Rate, it immediately delivers value for savvy investors. Additionally the property offers significant upside – 25% growth in rents and comes with plans for a 2 bed, 1 bath ADU. (Permit expired – buyer needs to resubmit the previously approved plans for a new permit.) Tailored for the student rental market, 2209-2211 Haste offers a total of 10 bedrooms and 5 bathrooms, including a spacious 7-bedroom, 3-bathroom layout and a comfortable 3-bedroom, 2-bathroom unit. This versatility caters to the diverse needs of the student population. The property's prime location just steps from the University of California Berkeley, with remarkable walk, transit, and bike scores.
Property Details
Property Features
Property Information:
Year Built: 1906
Listing Office:
Office Name: Pellego
Office Phone: (949) 394-0149
Listing Agent: Jatin Mehta
Interior Features
Interior Information:
Flooring Type: Wood
Exterior Features
Parking Information:
Parking: None
Lot Features
Lot Information:
Lot: Back Yard
Lot Size: 0.09 Acres
Utilities
Utilities Information:
Heating: Natural Gas
Other
Directions Information:
Directions: google maps Cross Street: Fulton St.
Price Information
Listing Price Info
Price Summary:
List Price: $2,125,000
Tax Information:
Annual Amount: $17,428
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Berkeley, CA.
This property is $737.3K more than the Median Sold Price in Berkeley, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #41058871
Listing Office:
Office Name: Pellego
Office Phone: (949) 394-0149
Listing Agent: Jatin Mehta
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/29/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$17,428
$876,514
2020
$17,428
$867,530
2019
$14,610
$850,525
2018
$13,287
$730,518
2017
$13,287
$716,194
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Washington Elementary School
2300 Martin Luther King Jr Way
Distance between this listing and this school0.46 miles
Public District Grades KG-5
7
/10
Leconte Elementary School
2241 Russell St
Distance between this listing and this school0.55 miles
Public District Grades KG-5
6
/10
Emerson Elementary School
2800 Forest Ave
Distance between this listing and this school0.80 miles
Public District Grades KG-5
Nearby Schools
8
/10
Willard Middle School
2425 Stuart St
Distance between this listing and this school0.53 miles
Public District Grades 6-8
6
/10
Longfellow Arts and Technology Middle School
1500 Derby St
Distance between this listing and this school0.87 miles
Public District Grades 6-8
5
/10
Sankofa Academy
581 61st St
Distance between this listing and this school1.28 miles
Public District Grades KG-8
Nearby Schools
8
/10
Berkeley High School
1980 Allston Way
Distance between this listing and this school0.37 miles
Public District Grades 9-12
4
/10
Berkeley Technology Academy
2701 Martin Luther King Jr Way
Distance between this listing and this school0.53 miles
Public District Grades 10-12
2
/10
Realm Charter High School
2023 8th St
Distance between this listing and this school1.64 miles
The neighbors living near this home have an average income of $22,802. Typical income of Berkeley, CA residents is less than $35k annually. Typical family type is single, no kids. Most residents in this area have post secondary degree education.
This home is located at 2211 Haste St in Berkeley, CA and zip code 94704 in the South Campus neighborhood. This home, which was built in 1906, sits on a 0.09 acre lot. It has been listed on Rocket Homes since May 08, 2024 and is currently priced at $2,125,000.
In April 2024 more than 49 listings in Berkeley, CA were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 6 were sold below. The inventory of homes for sale in Berkeley, CA between March 2024 and April 2024 increased by 26.5%. Listings spent 14 days on the market in April 2024, and had a median list price of $1,387,625 during the same period.
From Rocket Homes Real Estate and based on county public records data.