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 is currently 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 6.5% CAP with multiple avenues to unlock future growth.
Property Details
Price:
$3,700,000
MLS #:
41134280
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subdivision:
SOUTH BERKELEY
Listed Date:
May 11, 2026
Lot Size:
4,514 sqft / 0.10 acres (approx)
Year Built:
1904
See this Listing
Schools
Interior
Heating
FA
Laundry Features
DINC, WINC
Exterior
Construction Materials
STC
Parking Spots
4
Parking Total
4
Roof
SHN
Financial
Map
Community
- Address3228 Adeline Street Berkeley CA
- SubdivisionSOUTH BERKELEY
- CityBerkeley
- CountyAlameda
- Zip Code94703
Subdivisions in Berkeley
Market Summary
Current real estate data for Single Family in Berkeley as of May 21, 2026
126
Single Family Listed
53
Avg DOM
570
Avg $ / SqFt
$1,541,199
Avg List Price
Property Summary
- Located in the SOUTH BERKELEY subdivision, 3228 Adeline Street Berkeley CA is a Single Family for sale in Berkeley, CA, 94703. It is listed for $3,700,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1904. The average price per square foot for Single Family listings in Berkeley is $570. The average listing price for Single Family in Berkeley is $1,541,199.
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3228 Adeline Street
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