Listed price in listed location currency (USD).
$3,500,000

004

MLS® 41149620

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size -
Garage 
Taxes 
Days Active 8
Lot Size 0.1036 Acres
Approx. Age 1904
MLS® Number 41149620

Property Address: 3228 Adeline St, Berkeley, CA, 94703-2441

Average square foot calculated using Size range provided by listing agent.

Description

3228 Adeline Street is a 7-unit mixed-use building in South Berkeley, offered at $3, 500, 000 with a 7.35% current cap rate and an 8.64 GRM. Built in 1904, the three-story building has 9, 068 square feet and includes five furnished residential units leased by the bed plus two retail suites fronting the Adeline corridor. Each residential unit has its own washer and dryer, and residents share an attic-level lounge. The property also offers four off-street parking spaces and professional management. The owner has invested $1, 680, 445 in upgrades since 2016. Preliminary plans have been drawn for a 563 square foot, 4-bedroom, 2-bath detached ADU at the rear of the property. The rent roll shows 9.71% upside to market. Ashby BART is 0.2 miles away, the UC Berkeley campus is 1.5 miles away, and the address has a 95 Walk Score.
MLS® Number41149620
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1904
Basement
Driveway
Garage Spaces
HeatNatural Gas
A/CSee Remarks

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 28, 2026List Date
$3,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
3228 Adeline St, Berkeley, CA

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