7-Unit Apartment
New
For Sale
$1,850,000
2001 Haste St, Berkeley, CA 94704
A mixed studio and one-bedroom layout includes private garages, surface parking, and coin-operated laundry.
Property Size3,542 SF
Lot Size0.10 Acres
Price / SF$522.30
Days on Market5
Property Features for 2001 Haste St
General Information
Standard status
Active
Size
3,542 SF
Total Parking Spaces
7
Lot size
0.10 Acres
Net Operating Income
$114,370
Financials
Cap Rate
6.18%
Gross Income
$152,394
Gross Rent Multiplier
12.14
Units
Unit Mix
4 x studio, 3 x 1BR/1BA
Multifamily Units
7
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$22,779
Amenities
coin-operated on-site laundry
Listing Agency:
Luxmore Real Estate
(650) 799-9205
Listed By:
Travis Raciti · License #02246639
(925) 899-3985
Source:
Exprealty
Added: Oct 13
Changed: Oct 17
Last Checked: Oct 16 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Luxmore Real Estate
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Investment Insights
Based on property information with market context.
This seven-unit apartment property contains four studio apartments and three one-bedroom, one-bathroom units. The building measures 3,542 square feet on an approximately 4,500-square-foot lot. On-site features include four private garages, three uncovered parking spaces, and coin-operated laundry.
At 2001 Haste St in Berkeley, the property is across from Berkeley High School and near Downtown Berkeley, UC Berkeley, BART, shopping, dining, and entertainment. Financial details include a 6.18% cap rate and a 12.14 GRM.
At 2001 Haste St in Berkeley, the property is across from Berkeley High School and near Downtown Berkeley, UC Berkeley, BART, shopping, dining, and entertainment. Financial details include a 6.18% cap rate and a 12.14 GRM.
Key Highlights
- Seven apartments: 4 studios and 3 one‑bedroom, one‑bathroom units
- 3,542‑square‑foot building on an approximately 4,500‑square‑foot lot
- 4 private garages and 3 uncovered on‑site parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,400
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,000
$1.4M
Cap Rate 7%
$1,005,714
$1.0M
Cap Rate 9%
$782,222
$782.2K
Market Conditions
NOI Build-Up for 3,542 SF
Gross rent
$134.7K $38.04/SF
− Vacancy
−$6.7K −$1.90/SF
EGI
$128.0K $36.14/SF
− OpEx
−$57.6K −$16.26/SF
NOI
$70.4K $19.88/SF
Area
Berkeley, CA
Vacancy
5.00%
Lease Rate
$38.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,000
Cap Rate 7%
$1,005,714
Cap Rate 9%
$782,222
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$880.0K – $1.17M
NOI $70,400 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,889 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
5,235
Businesses Nearby
Explore this area
Business Placement
Demographics for 94704, CA
25,259
Population
9,722
Households
2.6
Avg Household Size
26
Median Age
72%
College-Educated
96%
High-School Grad
0.9 sq mi
ZIP Area
28,066
Density / Sq Mi
$52,105
Median Household Income
$17,509
Median Earnings
$1,987
Median Rent
$918,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - A mixed studio and one-bedroom layout includes private garages, surface parking, and coin-operated laundry.
Where is this apartment building located?
The property is located at 2001 Haste St Berkeley, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Seven apartments: 4 studios and 3 one‑bedroom, one‑bathroom units; 3,542‑square‑foot building on an approximately 4,500‑square‑foot lot; 4 private garages and 3 uncovered on‑site parking spaces
