NOT LISTED FOR SALE

Estimated Value: $2,203,000 - $2,552,105

10 Beds
5 Baths
3,281 Sq Ft
$719/Sq Ft Est. Value

Last Sold June 03, 2024

Last sale price $2,410,000 $735 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $14,037/month

15 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Rectangular Lot
  • Malcolm X Elementary School Rated A
  • Cooling Available
  • Heating System Uses Natural Gas

About This Home

As of June 2024

To access the marketing package copy/paste: 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.

Last Agent to Sell the Property

Jatin Mehta

Kite Hill Real Estate License #02045713 Listed on: 05/08/2024

Last Buyer's Agent

Noah Matthew

Compass License #01941818

Compass

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1906

Lot Details

  • 4,000 Sq Ft Lot
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Back Yard

Home Design

  • Duplex
  • Wood Shingle Exterior

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Additional Features

  • Wood Flooring
  • Laundry in unit

Community Details

  • No Home Owners Association
  • 3,281 Sq Ft Building
  • Bridge Aor Association

Listing and Financial Details

  • Assessor Parcel Number 055 188801700

Property Details

Home Type

Multi-Family

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Year Built: 1906
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size Acres: 0.09
  • Directions: google maps
  • Carport Y N: No
  • Garage Yn: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Basement: None
  • Total Bedrooms: 10
  • Fireplace: No
  • Interior Amenities: Storage

Exterior Features

  • Lot Features: Regular, Paved
  • Construction Type: Wood
  • Exterior Features: Back Yard

Garage/Parking

  • Attached Garage: No
  • Parking Features: None

Utilities

  • Heating: Natural Gas
  • Utilities: Individual Electric Meter, Individual Gas Meter
  • Cooling: Ceiling Fan(s)
  • Laundry Features: In Unit
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Name: Bridge AOR
  • Association: No

Lot Info

  • Lot Size Sq Ft: 4000
  • Parcel Number: 055 188801700
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2024
Closed on
May 30, 2024
Sold by
Kraszulyak Family 2023 Trust and Kraszulyak Michael S
Bought by
Zhang Yi Cheng and Zhang Zheng Hong
Seller's Agent
Jatin Mehta
Kite Hill Real Estate
Buyer's Agent
Noah Matthew
Compass
List Price
$2,125,000
Sold Price
$2,410,000
Premium/Discount to List
$285,000
13.41%
Views
20
Current Estimated Value
$2,359,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,474
Avg. Annual Appreciation
-1.33%

Purchase Details

Closed on
Jan 25, 2023
Sold by
Michael And Liliana Kraszulyak Living Tr
Bought by
Kraszulyak Family 2023 Trust and Kraszulyak

Purchase Details

Closed on
Nov 9, 2012
Sold by
Ball Lillian E and Lillian E Ball Living Trust
Bought by
Kraszulyak Michael S and Kraszulyak Liliana I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
3.35%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Zhang Yi Cheng $2,410,000 Chicago Title
Kraszulyak Family 2023 Trust -- None Listed On Document
Kraszulyak Michael S $675,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kraszulyak Michael S $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $2,410,000 -- --
06/03/2024 06/03/24 Sold $2,410,000 +13.4% $735 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/08/2024 05/08/24 For Sale $2,125,000 -- $648 / Sq Ft
Source: bridgeMLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,084 $2,458,200 $737,460 $1,720,740
2024 $20,084 $930,155 $244,466 $685,689
2023 $19,487 $911,917 $239,672 $672,245
2022 $19,883 $894,042 $234,974 $659,068
2021 $18,498 $876,514 $230,368 $646,146
2020 $17,428 $867,530 $228,006 $639,524
2019 $17,113 $850,525 $223,537 $626,988
2018 $14,611 $730,518 $219,155 $511,363
2017 $13,287 $716,194 $214,858 $501,336
2016 $12,775 $702,154 $210,646 $491,508
2015 $12,751 $691,611 $207,483 $484,128
2014 $12,059 $678,064 $203,419 $474,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: bridgeMLS

MLS Number: 41058871

bridgeMLS

APN: 055-1888-017-00