3228 Adeline Street, Berkeley CA 94703 | $3,300,000

  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 4514 Lot Sq Ft
  • Type:
  • Stories: 0
  • Year Built: 1904
  • MLS#: 41134280
  • Community:

Listing provided courtesy of Joey Wang of Keller Williams Realty. Last updated 2026-06-25 08:11:41.000000. Listing information © 2025 SANDICOR.

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.

More Details

0.1 Acres

David Piper

Call or Text: 858-525-5007

DRE# 02021985