3228 Adeline Street

Property Overview

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.

Home Details

Property type: Residential Income
Year built: 1904
Lot size: 4,514 sq ft
Parking: 4 spaces
Days on market: 39
MLS status: Active

Features & Amenities

Appliances

Dryer
Washer

Community, Schools & Utilities

Community

Subdivision: SOUTH BERKELEY

Utilities

Heating: ForcedAir

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Location & Neighborhood

Berkeley, CA 94703

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Frequently Asked Questions About 3228 Adeline Street

Property type: Residential Income

The current asking price is $3,300,000. 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 Street. 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 39 days. Status can change, so verify availability before relying on it.