3228 Adeline St Berkeley, CA ^$ 3,500,000

3228 Adeline St

^$ 3,500,000

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Recently Listed

3228 Adeline St

Berkeley, CA, 94703

^$ 3,500,000

Bedrooms-- Baths0.0

Monthly Estimate*

^$ 22,099

Listed by Willem Bos, COMPASS, willem@bosgroupcre.com

3228 Adeline St, Berkeley, CA 94703 - Image 1

3228 Adeline St, Berkeley, CA 94703 - Image 2

3228 Adeline St, Berkeley, CA 94703 - Image 3

3228 Adeline St, Berkeley, CA 94703 - Image 4

3228 Adeline St, Berkeley, CA 94703 - Image 5

3228 Adeline St, Berkeley, CA 94703 - Image 6

3228 Adeline St, Berkeley, CA 94703 - Image 7

3228 Adeline St, Berkeley, CA 94703 - Image 8

3228 Adeline St, Berkeley, CA 94703 - Image 9

3228 Adeline St, Berkeley, CA 94703 - Image 10

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3228 Adeline St, Berkeley, CA 94703 - Image 14

Multi-Family Home for sale in Berkeley, CA

for $3,500,000. This home was built in 1904 on a lot size of 0.1036.

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 address has a 95 Walk Score.

Multi-Family Active

Price

^$ 3,500,000

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1036

Year Built

1904

Town/City

Berkeley

County/Region

Alameda

MLS | Web ID

41149620

Days on Market

Features

General

Heating Natural Gas

Cooling See Remarks

Roof Shingle

HOA Fee 0

Construction Materials Wood Siding

Year Built 1904

County Alameda

Property Type Residential Income

Subdivision Name BERKELEY

Status Active

Directions Cross Street: Harmon St.

City Berkeley

Number Of Units Total 7

Lot Size Units Square Feet

Lot Size Square Feet 4514

Standard Status Active

Cap Rate 7.35

Interior

Air Conditioning Y/N true

Heating Y/N true

Total Baths 0

Exterior

Total Parking 4

Lot Size Area 4514

Lot Size Acres 0.1036

* Excluded Features

List By

Willem Bos

Listing Agent

Compass

Broker

willem@bosgroupcre.com

Affordability Calculator

$22,099

Per Month

Monthly Principal & Interest: $22,099
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Berkeley, CA

Average List Price ^$2,228,061

Percent of Sale Price 36%

About Berkeley, CA

118,775 Population

16% Since 2002

^$76,242 Median Income

33.13 Median Age

17% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/28/2026	$3,500,000		Listed Price

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3228 Adeline St, Berkeley, CA, 94703 is a Multi-Family Home for sale at $3,500,000 with a lot size of 0.1036. 3228 Adeline St has 0.0 baths and was built in 1904. The property's zip code is 94703 which is in Berkeley, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/3/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3228 Adeline St

Multi-Family Home for sale in Berkeley, CA

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