2001 Haste ST, Berkeley, CA 94709

$1,850,000
3,542
SqFt

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Listed by Travis Raciti, 925-899-3985 from Luxmore Real Estate
(If provided) CoList: from

List Price
$1,850,000
MLS#
ML82064482
Status
ACTIVE
Sqft. of Residence
3,542
Lot Size
4,600
Listing Area
Berkeley Map Area 1
Year Built
1895

Property Description

Prime 7-unit multifamily investment opportunity near UC Berkeley! Situated on an approximately 4,500 sq. ft. lot, this 3,542 sq. ft. property features 4 studio apartments and 3 one-bedroom, one-bathroom units. Additional amenities include 4 private garages, 3 uncovered on-site parking spaces, and convenient coin-operated on-site laundry, providing added value and potential supplemental income. Ideally located across from Berkeley High School and near Downtown Berkeley, UC Berkeley, BART, shopping, dining, and entertainment. Strong investment fundamentals with annual gross income of $152,394, NOI of $114,370, a 6.18% cap rate, and a 12.14 GRM. Excellent opportunity to acquire an income-producing multifamily asset in one of the East Bays most established rental markets. An attractive investment offering with a desirable unit mix, ample on-site parking, convenient tenant amenities, and long-term income potential in a prime Berkeley location.

Additional Information

Cooling System
None
Energy Features
Attic Fan, Ceiling Insulation
Foundation
Raised
Garage Parking
Assigned Spaces, Attached Garage, On Street
Heating System
Wall Furnace
Living Area
3,542
Lot Size
4,600
Neighborhood
Berkeley Map Area 1
Other Utilities
Individual Electric Meters, Individual Gas Meters
Roof
Composition, Shingle
Sewer
Community Sewer / Septic
Unincorporated Yn
Yes
Zoning
R-3

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Based on information from MLSListings MLS as of . 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. Properties may or may not be listed by the office/agent presenting the information.


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