3228 Adeline St Berkeley, CA 94703
South Berkeley NeighborhoodEstimated payment $23,417/month
Highlights
- No HOA
- 4-minute walk to Ashby Station
- Rectangular Lot
- Malcolm X Elementary School Rated A
- Storage
- 2-minute walk to Greg Brown Park
About This Home
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.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1904
Lot Details
- 4,514 Sq Ft Lot
- Rectangular Lot
Parking
- Parking Lot
Home Design
- Shingle Roof
- Wood Siding
Interior Spaces
- 9,068 Sq Ft Home
- Storage
- Laundry in unit
- Laminate Flooring
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
- Bridge Aor Association
- Berkeley Subdivision
Listing and Financial Details
- Tax Tract Number 4240
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $42,078 | $1,935,463 | $771,818 | $1,163,645 |
| 2025 | $42,078 | $1,897,515 | $756,685 | $1,140,830 |
| 2024 | $36,525 | $1,860,319 | $741,852 | $1,118,467 |
| 2023 | $35,700 | $1,823,842 | $727,306 | $1,096,536 |
| 2022 | $34,874 | $1,788,084 | $713,046 | $1,075,038 |
| 2021 | $35,906 | $1,753,029 | $699,067 | $1,053,962 |
| 2020 | $33,457 | $1,735,061 | $691,902 | $1,043,159 |
| 2019 | $32,212 | $1,701,053 | $678,340 | $1,022,713 |
| 2018 | $31,266 | $1,667,700 | $665,040 | $1,002,660 |
| 2017 | $30,196 | $1,635,000 | $652,000 | $983,000 |
| 2016 | $22,916 | $1,009,312 | $336,437 | $672,875 |
| 2015 | $22,521 | $994,158 | $331,386 | $662,772 |
| 2014 | $22,192 | $974,688 | $324,896 | $649,792 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/28/2026 09/28/26 | For Sale | $3,500,000 | -- | $386 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,635,000 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Grant Deed | $825,000 | Old Republic Title Company | |
| Grant Deed | -- | Fidelity National Title Co | |
| Trustee Deed | $74,868 | First American Title Ins Co |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,100,000 | Commercial | |
| Closed | $2,725,000 | Construction | |
| Previous Owner | $1,000,000 | Commercial | |
| Previous Owner | $805,000 | Commercial | |
| Previous Owner | $476,000 | Commercial | |
| Previous Owner | $210,000 | Commercial |
Source: bridgeMLS
MLS Number: 41149620
APN: 052-1530-005-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Bay East 2026. CCAR 2026. bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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