3228 Adeline Street, Berkeley, CA 94703
Local realty services provided by:CENTURY 21 Masters
3228 Adeline Street,Berkeley, CA 94703
$3,700,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41134280
Source:CRMLS
Price summary
- Price:$3,700,000
About this home
Positioned just one block from Ashby BART in the heart of South Berkeley, 3228 Adeline St is a mixed-use 7-unit asset offering strong day-one income and long-term upside. Located on a vibrant commercial corridor with a 95 Walk Score, the property enjoys easy access to cafés, local markets, and transit connecting directly to San Francisco and beyond. With a location that appeals to both students and working professionals, it sits in a high-demand pocket primed for continued rental performance. The building includes five renovated residential units—ranging from a 2BD/1BA to 4 and 5-bedroom layouts—and two commercial spaces, one of which is currently vacant and primed for lease-up or residential conversion. The units are offered furnished and designed to attract UC Berkeley students, traveling professionals, or coliving tenants. The building also features shared laundry, an attic-level common lounge, and a rear lot with ADU potential. Professionally managed by The Berkeley Group, this is a well-maintained, stable property with the benefit of flexibility—offering investors a strong existing income at a 6.5% CAP with multiple avenues to unlock future growth....
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Home facts
- Year built:1904
- Listing ID #:41134280
- Added:7 day(s) ago
- Updated:May 19, 2026 at 10:34 AM
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Shingle
- Year built:1904
- Lot area:0.1 Acres
- Construction Materials:Stucco
Finances and disclosures
- Price:$3,700,000
Features and amenities
- Appliances:Dryer, Washer
- Laundry features:Dryer, Washer
Parking
- Total parking spaces:4
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