Back to Search
3228 Adeline Street
For Sale $3,300,000
$3,300,000
- 7 Units
- Unknown Sq Ft
- 4,514 Sq Ft
- Unknown Cap Rate
Description
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 will be delivered 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 7.5% CAP with multiple avenues to unlock future growth.
Loading map...
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,300,000 |
| Property Type | Multi-Family |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 4 spots |
| Year Built | 1904 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 5215305 |
| MLS # | 41134280 |
| Property ID | 322837710 |
| Lot Sqft | 4,514 |
| Zoning | Unknown |
| Total Units | 7 |
| Days on Market | 43 |
| Original List Price | $3,700,000 |
| Applicances | Dryer,Washer% |
| Date Updated | June 19, 2026 |
| Date Created | May 11, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Joey Wang an agent of . Lic #01890931
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of June 19, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT