3228 Adeline St
Berkeley, CA 94703
0
Bed
0
Bath
4,514Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
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Features
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Interior Features
Roof: Shingle -
Heating & Cooling
Has Heating: Yes Heating: NaturalGas Has Cooling: Yes Cooling: SeeRemarks
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Building Information
Year Built: 1904Construction Materials: WoodSidingPrivate Pool: No
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Lot Information
Main Square Feet: 4514 Lot Size Acres: 0.1036 Lot Size Square Feet: 4,514Property Information
Subdivision: BERKELEY Source Property Type: ResidentialIncome Property Age: 122
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Listing Price Information
Listing Price: $3500000
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Tax Information
Parcel Number: 5215305
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Parking Information
Parking Total: 4
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Location Information
Direction: Cross Street: Harmon St.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| Martin Luther King Jr Way, Berkeley, CA, 94703 | $2,495,000 | -- | -- | 3,796 | -- |
| Martin Luther King Jr Way, Berkeley, CA, 94703 | $2,395,000 | -- | -- | 3,755 | 4,107.71 Sq. Ft |
| Residentialincome, Berkeley, CA, 94703 | $2,095,000 | -- | -- | -- | 5,170 Sq. Ft |
| Residentialincome, Berkeley, CA, 94703 | $899,000 | 3 | 2 | -- | 5,228 Sq. Ft |
| 63rd Street, Berkeley, CA, 94703 | $1,495,000 | -- | -- | 2,700 | 5,061.67 Sq. Ft |
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ByOwner last updated this listing 10/07/2026 @ 22:03
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