4-Units | Southside

Discover the Vibrance of Southside, Berkeley Welcome to the vibrant and thriving neighborhood of Southside, Berkeley – a prime location for real estate investors seeking exceptional opportunities in the apartment building market. Nestled in the heart of Berkeley, Southside offers a unique blend of urban convenience and the laid-back charm that defines this iconic California city. With its proximity to the renowned University of California, Berkeley campus, Southside attracts a diverse and dynamic population, including students, faculty, and professionals, making it an ideal locale for investors seeking stable and consistent rental demand. Prime Investment Potential in Southside, Berkeley Investing in apartment buildings in Southside, Berkeley, provides an exciting opportunity to capitalize on the area's robust rental market. The neighborhood boasts a mix of historic and modern architecture, creating a visually appealing and varied landscape. The demand for housing in this area continues to grow, driven by the influx of students, faculty, and tech professionals drawn to the innovation hub that is Berkeley. As an investor, you'll find that Southside offers a range of investment options, from charming low-rise buildings to more contemporary high-rise complexes, catering to various preferences and investment strategies. Uncover the Allure of Southside Living and Investing Beyond the real estate appeal, Southside, Berkeley, offers a rich array of amenities and cultural attractions. Residents and tenants can explore the eclectic mix of cafes, boutiques, and cultural venues that line the streets. The neighborhood's proximity to public transportation and major highways enhances its accessibility, making it a convenient and desirable location for both residents and investors alike. With its dynamic atmosphere, strong rental market, and diverse architectural landscape, Southside, Berkeley, stands as an enticing prospect for real estate investors seeking to make a sound and lucrative investment in the thriving East Bay region. Scores Walk Score - 97 Transit Score - 70 Bike Score - 962222 Haste is an exceptional investment opportunity tailored for the student rental market, offering a unique combination of convenience and functionality. With 7 bedrooms and 6 bathrooms, this property is designed to meet the demands of student tenants. Its versatile unit mix includes a studio, a 1-bedroom, a 2-bedroom, and a 4-bedroom with 3 baths, catering to a wide range of student needs and preferences. Located just three blocks from the south side of the UC Berkeley campus, 2222 Haste provides easy access to the university, making it highly attractive to students. The property boasts a strong and steady income stream, generating $10,877 per month, which amounts to an impressive annual income of $130,534. Additionally, there is significant potential to increase this cash flow, with a 32% upside in gross rents. Units 2220A and 2220B, in particular, present a remarkable opportunity for rental growth, with the potential to increase gross rents by 150% to 300%. This makes 2222 Haste not only a reliable source of income but also a valuable asset with room for further financial growth. Beyond its income potential, 2222 Haste offers practical features that enhance its appeal. The property includes off-street parking for 2-3 vehicles, a valuable amenity in this area, and in-unit laundry facilities in Units 2220C and 2222, providing added convenience for tenants. This combination of strategic location, income potential, and tenant-focused amenities makes 2222 Haste a compelling investment in the competitive Berkeley rental market.