3228 Adeline St, Berkeley, CA 94703
3228 Adeline St, Berkeley, CA 94703
3228 Adeline St, Berkeley, CA 94703
3228 Adeline St, Berkeley, CA 94703
3228 Adeline St, Berkeley, CA 94703
3228 Adeline St, Berkeley, CA 94703
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 3,500,000
Est. payment | /mo

4,512 Sqft Lot

Save
$ 3,500,000
Est. payment | /mo
Save

4,512 Sqft Lot

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Berkeley

MLS Listing ID 41149620

HOA Y/N No

Year Built 1904

Lot Size 4,512 Sqft

Property Description

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.

Location

State CA

County Alameda

Interior

Heating Natural Gas

Cooling See Remarks

Fireplace No

Exterior

Roof Type Shingle

Total Parking Spaces 4

Others

Tax ID 5215305

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Willem Bos COMPASS #02013980

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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3228 Adeline St

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