Home | Alameda County | Berkeley | 94703 | 3228 Adeline Street
MLS: EB41134280 | Status: | Price: $3,700,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | 9,068 | 4,514 | 1904 |
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.
| Field | Value |
|---|---|
| MLS # | EB41134280 |
| MLS Source | Bridge MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Appliances | Dryer, Washer |
| Flooring | Hardwood |
| Cooling | Central -1 Zone |
| Heating | Heating - 2+ Zones |
| Feature | Details |
|---|---|
| Roof | Composition |
| Feature | Details |
|---|---|
| Garage/Parking | Parking Area, Garage: Car(s) |
| Complex Amenities | None |
Joey Wang
Keller Williams Realty
License #: 01890931
Phone: (510) 592-5554
School data provided by GreatSchools.org
| Address | Price | Beds | Baths | Sq Ft | Status |
|---|---|---|---|---|---|
| 2821 Telegraph Ave | $3,100,000 | – | – | 7,436 | |
| 4218 Piedmont Ave | $3,398,000 | – | – | 8,798 | |
| 2015 Hearst Ave | $3,868,000 | – | – | 5,760 | |
| 1734 Spruce St | $3,090,000 | – | – | 4,349 |
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This listing information is up-to-date as of May 11, 2026. For the most current information, please contact Joey Wang, (510) 592-5554.