Berkeley, CA 94709
$1,850,000
Bed
0
Bath
0
Living Space
3,542 SqFt
Year Built
1895
Lot Size
4,600 SqFt
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.
Listing provided courtesy ofTravis Raciti License 02246639 Luxmore Real Estate
Data provided by MLSListings Inc.
- Willard Middle School (Middle) - GreatSchools rating 6/10 - Berkeley High School (High) - GreatSchools rating 9/10 - Washington Elementary School (Elementary) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Within a 1-2 mile radius of Haste Berkeley, CA, several parks and recreational areas are available. These include Edwards Track Stadium/Goldman Field, BUSD East Campus Park, and Civic Center Park. Additionally, Live Oak Park, located at 1301 Shattuck Ave, offers various recreational facilities and green spaces. Tilden Regional Park is also accessible, providing extensive hiking trails and natural areas.
The Haste Street area is part of Berkeley's Southside Neighborhood, which is characterized by its proximity to the University of California, Berkeley, and Telegraph Avenue's bustling atmosphere with shops, restaurants, and street vendors. This neighborhood is known for its diverse array of businesses, including independent shops, cafes, and restaurants, reflecting the city's vibrant culture.
The Haste Street area boasts excellent transit options, with a Walk Score of 96 out of 100, indicating it is a Walker's Paradise where daily errands can be accomplished on foot. The Transit Score is 68 out of 100, signifying Good Transit. Numerous bus lines, including the 12, 18, 36, and 7, serve the area, along with BART (Orange and Red lines) providing access to the wider Bay Area.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
- Willard Middle School (Middle) - GreatSchools rating 6/10 - Berkeley High School (High) - GreatSchools rating 9/10 - Washington Elementary School (Elementary) - GreatSchools rating 10/10 School District: Berkeley Unified School District
Within a 1-2 mile radius of Haste Berkeley, CA, several parks and recreational areas are available. These include Edwards Track Stadium/Goldman Field, BUSD East Campus Park, and Civic Center Park. Additionally, Live Oak Park, located at 1301 Shattuck Ave, offers various recreational facilities and green spaces. Tilden Regional Park is also accessible, providing extensive hiking trails and natural areas.
The Haste Street area is part of Berkeley's Southside Neighborhood, which is characterized by its proximity to the University of California, Berkeley, and Telegraph Avenue's bustling atmosphere with shops, restaurants, and street vendors. This neighborhood is known for its diverse array of businesses, including independent shops, cafes, and restaurants, reflecting the city's vibrant culture.
The Haste Street area boasts excellent transit options, with a Walk Score of 96 out of 100, indicating it is a Walker's Paradise where daily errands can be accomplished on foot. The Transit Score is 68 out of 100, signifying Good Transit. Numerous bus lines, including the 12, 18, 36, and 7, serve the area, along with BART (Orange and Red lines) providing access to the wider Bay Area.
This neighborhood information is AI-generated based on the property address and publicly available data. Please verify important information independently. Do not rely solely on this information for property decisions. RoostHaven makes no warranties and assumes no liability for the accuracy or completeness of AI-generated information. School boundaries, ratings, and local amenities may change over time.
