3228 Adeline Street

Berkeley, CA, 94703

For Sale $3,700,000

0.10acre

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.

Listing agent:

Joey Wang

License #01890931

Keller Williams Realty

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3228 Adeline Street is a Residential Income property located in Berkeley, California, featuring a 0.104 acre lot, MLS #41134280.

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Data last modified: 2026-05-11 23:01:45

3228 Adeline Street

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