3228 Adeline Street, Berkeley, CA 94703
Local realty services provided by:Better Homes and Gardens Real Estate Property Shoppe
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....
Contact an agent
Home facts
- Year built:1904
- Listing ID #:41134280
- Added:2 day(s) ago
- Updated:May 14, 2026 at 10:26 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
New listings near 3228 Adeline Street
- New
$1,395,000Active-- beds -- baths1239 Berkeley Way, Berkeley, CA 94702
MLS# 41134640Listed by: LA MAISON - Open Sat, 2 to 4:30pmNew
$1,095,000Active7 beds 6 baths3,194 sq. ft.1264 Alcatraz Ave, Berkeley, CA 94702
MLS# 41134620Listed by: KAI REAL ESTATE - Open Sun, 2 to 4pmNew
$1,995,000Active4 beds 4 baths2,579 sq. ft.2222 Blake St, Berkeley, CA 94704
MLS# 41134621Listed by: STEA REALTY GROUP - Open Sat, 2 to 4:30pmNew
$1,095,000Active-- beds -- baths1268 Alcatraz Ave, Berkeley, CA 94702
MLS# 41134623Listed by: KAI REAL ESTATE - Open Sat, 2 to 4pmNew
$750,000Active2 beds 1 baths865 sq. ft.1744 Addison, Berkeley, CA 94703
MLS# 41134580Listed by: RED OAK REALTY - Open Sat, 2 to 4pmNew
$1,895,000Active3 beds 2 baths2,539 sq. ft.1490 Arch St, Berkeley, CA 94708
MLS# 41134525Listed by: THE GRUBB CO. INC. - Open Sat, 2 to 4pmNew
$1,995,000Active4 beds 5 baths4,050 sq. ft.1055 Sterling Avenue, Berkeley, CA 94708
MLS# 41134561Listed by: KW ADVISORS EAST BAY - Open Sat, 1 to 4pmNew
$1,349,000Active2 beds 1 baths1,266 sq. ft.1595 Dwight Way, Berkeley, CA 94703
MLS# ML82047054Listed by: COMPASS - Open Sat, 1:30 to 4:30pmNew
$1,095,000Active3 beds 1 baths1,315 sq. ft.1429 Edith St, BERKELEY, CA 94703
MLS# 41134540Listed by: WINKLER REAL ESTATE GROUP - Open Thu, 9:30am to 12:30pmNew
$995,000Active3 beds 1 baths1,196 sq. ft.2925 Shasta Rd, BERKELEY, CA 94708
MLS# 41134506Listed by: KW ADVISORS EAST BAY