3228 Adeline St, Berkeley, CA — listing photo 1
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FOR SALENew Listing

3228 Adeline St

Berkeley, CA 94703
4,514 Lot Sq Ft
Built 1904
$3,500,000

Property Overview

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.

Home Details

Property type
Residential Income
Year built
1904
Lot size
4,514 sq ft
Parking
4 spaces
Days on market
7
MLS status
Active

Community, Schools & Utilities

Community

Subdivision
BERKELEY

Utilities

Heating
NaturalGas
Cooling
SeeRemarks
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Location & Neighborhood

3228 Adeline St

Berkeley, CA 94703

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Frequently Asked Questions About 3228 Adeline St

Property type: Residential Income

The current asking price is $3,500,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 3228 Adeline St. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1904. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Berkeley, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Berkeley property.
The MLS currently reports the property as Active. It has been listed for 7 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Direct support from our real estate team

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Willem Bos
MLS ID: BMLS-R02013980

Available property

$3,500,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.