Seller's Agent in 2024
Jatin Mehta
Kite Hill Real Estate
(510) 338-4737
5 in this area
62 Total Sales
Estimated Value: $2,203,000 - $2,552,105
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
Kite Hill Real Estate License #02045713 Listed on: 05/08/2024
| 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 |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Kraszulyak Michael S | $476,000 |
| 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 |
| 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 |
Seller's Agent in 2024
Jatin Mehta
Kite Hill Real Estate
(510) 338-4737
5 in this area
62 Total Sales
Buyer's Agent in 2024
Noah Matthew
Compass
(415) 678-7131
6 in this area
32 Total Sales
Source: bridgeMLS
MLS Number: 41058871
APN: 055-1888-017-00