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3228 Adeline St Berkeley, CA 94703
$3,500,000 0 beds, 0 baths
0 sqft
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Photo of Grace Desi Schmidt

Grace Desi Schmidt REALTORĀ® - Sales Associate 818-355-8463 m
818-355-8463 o
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com
Text Me
Call My Cell
Call My Office
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com
Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
Phone: 818-501-4800
Fax: 818-990-4750
Encino 17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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Fax: 818-990-4750
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Agent Remarks

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 four furnished residential units leased by the bed plus three retail suites along 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.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 41149620
List price is $3,500,000
HOA Fee is $0.00
Beds: 0
Baths: 0
Built in 1904
0.10 acres
Lot size: 0.1036
Subdivision: BERKELEY
County: Alameda
Construction: Wood Siding
Heating/cooling: See Remarks
Heating description: Natural Gas

Last Updated: 10/28/2026

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Lat/Long: 37.849976, -122.271452.
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Listing Agent: Willem Bos
Lic#: 02029225
Office Name: Encino

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Total population of , which has changed by % since 1990.
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Out of households, are families.

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Photo of Grace Desi Schmidt

Grace Desi Schmidt REALTORĀ® - Sales Associate 818-355-8463 m
818-355-8463 o
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com
Text Me
Call My Cell
Call My Office
818-623-6721 f
Lic#: 02029225
NRDS ID: 207064488
gracedschmidt@bhhscal.com

Encino Office
17050 Ventura Blvd, Ste. 100
Encino, CA 91316
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