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$3,500,000 Just Listed

  • For Sale
  • Active
  • Commercial Residential Facility
  • 0.1 Acres
  • Updated 4 days ago
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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.

Full Property Details for 3228 Adeline St

General

  • Price: $3,500,000
  • Status: Active
  • Type: Commercial Residential Facility
  • Source: MAX
  • MLS ID: 41149620
  • Updated: 9/28/2026
  • Added to Site: 4 day(s) ago

Interior

  • Interior Features: Storage
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: In Unit

Additional Information

  • Equipment: Other

Parking

  • Parking Features: Parking Lot

Location

  • Area: Listing
  • County: Alameda
  • Subdivision: Berkeley
  • Driving Directions: Adeline St between Harmon and Fairview St in Berkeley

Heating & Cooling

  • Cooling Type: Other
  • Heating Type: Natural Gas

Utilities

  • Water: Public

Structural Information

  • Exterior Const.: Wood Siding
  • Roof: Composition Shingles
  • Year Built: 1904

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Dimensions: 4514
  • Lot Features: Rectangular Lot

Financial Considerations

  • Price Per Sq. Ft.: $386
  • Terms: None

Listed by Compass, Willem Bos

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Listing agent

— 3228 Adeline St —

  • Willem Bos

    Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 3228 Adeline St

School District:Berkeley Unified School District
NameGradesDistance
Malcolm X Elementary School
1731 Prince Street, Berkeley, CA 94703
K-50.2 mi
Sylvia Mendez Elementary
2840 Ellsworth Street, Berkeley, CA 94705
K-50.7 mi
Emerson Elementary School, Berkeley, CA
2800 Forest Avenue, Berkeley, CA 94705
K-51.4 mi
Willard Middle School
2425 Stuart Street, Berkeley, CA 94705
6-81 mi
Berkeley High School
1980 Allston Way, Berkeley, CA 94704
9-121.2 mi
John Muir Elementary School, Berkeley, CA
2955 Claremont Avenue, Berkeley, CA 94705
K-51.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3228 Adeline St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/28/2026
Listed
$3,500,000
114.07%
MLS
8/05/2016
Sold
$1,635,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3228 Adeline St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$42,078
—
$1,935,463
2%
2025
$42,078
15%
$1,897,515
2%
2024
$36,525
2%
$1,860,319
2%
2023
$35,700
2%
$1,823,842
2%
2022
$34,874
-3%
$1,788,084
2%
2021
$35,906
7%
$1,753,029
1%
2020
$33,457
4%
$1,735,061
2%
2019
$32,212
3%
$1,701,053
2%
2018
$31,266
4%
$1,667,700
2%
2017
$30,196
32%
$1,635,000
62%
2016
$22,916
2%
$1,009,312
2%
2015
$22,521
1%
$994,158
2%
2014
$22,192
—
$974,688
—
2013
$22,230
—
$970,290
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Compass, Willem Bos

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3228 Adeline St, Berkeley, CA 94703 (MLS# 41149620) is a Commercial Residential Facility property. 3228 Adeline St is currently listed for $3,500,000 and was received on September 28, 2026. Want to learn more about 3228 Adeline St? Do you have questions about finding other Commercial Residential Facility real estate for sale in Berkeley? You can browse all Berkeley real estate or contact a Coldwell Banker agent to request more information.

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