# 3228 Adeline Street, Berkeley, CA 94703

> **TL;DR:** residential multi family, $3,700,000 ($408/sqft), built 1904, 9,068 sqft.
> Hardwood, A/C. Est. $16,033/mo. Listed 21 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $3,700,000 |
| Price/sqft | $408 |
| Square Feet | 9,068 |
| Year Built | 1904 |
| Lot Size | 4,513 sqft (0.10 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 21 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $16,033 |
| **Total** | **$16,033** |

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- Built in 1904
- 0.10 acre lot

## Description

### Agent Description
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 cafes, 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 6.5% CAP with multiple avenues to unlock future growth.

## Location

- **Address:** 3228 Adeline Street, Berkeley, CA 94703
- **County:** Alameda
- **Neighborhood:** SOUTH BERKELEY
- **Coordinates:** 37.849976, -122.271452
- **Google Maps:** https://www.google.com/maps?q=37.849976,-122.271452

## Listing Agent

- **Name:** Joey Wang
- **Brokerage:** Keller Williams Realty
- **Phone:** 5105925554
- **Email:** joey.wang@loremultifamily.com

## Primary Photo

![3228 Adeline Street - Primary Photo](http://lh.rdcpix.com/78534fdfe919001caf18c37280dd81fdl-f2987409682r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/3228-adeline-street-berkeley-ca-94703-41134280)*

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**MLS#:** 41134280 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 bridgeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/3228-adeline-street-berkeley-ca-94703-41134280)

---

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