3411 Adeline St, Berkeley, CA 94703
3411 Adeline St, Berkeley, CA 94703
3411 Adeline St, Berkeley, CA 94703
3411 Adeline St, Berkeley, CA 94703
3411 Adeline St, Berkeley, CA 94703
3411 Adeline St, Berkeley, CA 94703
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,285,000
Est. payment | /mo

6,216 SqFt


Save
$ 3,285,000
Est. payment | /mo
Save

6,216 SqFt

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,216 sqft

Price per Sqft $528

Subdivision Berkeley

MLS Listing ID 41135043

HOA Y/N No

Year Built 1940

Lot Size 6,203 Sqft

Acres 0.14

Property Sub-Type Multi Family

Property Description

To access the marketing package, copy and paste: https://bit.ly/kitehillre 3411 Adeline Street is a fully renovated 6-unit apartment building located one block from Ashby BART in Berkeley. The property provides convenient access throughout Berkeley, Oakland, San Francisco, and the greater Bay Area while benefiting from a Walk Score of 95 near cafés, restaurants, markets, and neighborhood amenities along the Adeline corridor. Its location has historically attracted demand from UC Berkeley students, commuters, and young professionals seeking large-format housing with convenient transit access. The property features a unit mix of (3) 3-bedroom/2-bath units, (1) 4-bedroom/3-bath unit, and (2) 4-bedroom/4-bath units, making it well suited for traditional rental, student housing, or co-living. Current rents average over $4,480 per month per unit, providing strong in-place income with additional long-term rental upside. The large floor plans are complemented by in-unit laundry, shared laundry facilities, solar panels, and off-street parking. Originally redeveloped down to the studs, the property has undergone extensive renovations including all new electrical, plumbing, roof, and windows. Each unit has been updated with modern kitchens, bathrooms, and contemporary finishes throughout. In addition, the property includes two newly constructed ground-up ADUs at the rear, further enhancing the property's income profile. The asset is currently offered at a 6.77% Cap Rate and 9.54 GRM.

Location

State CA

County Alameda

Rooms

Basement None

Interior

Interior Features Storage

Heating Natural Gas

Cooling None

Flooring Wood

Fireplace No

Laundry Coin Operated

Exterior

Utilities Available Wired For Cable TV, Individual Electric Meter, Individual Gas Meter

Total Parking Spaces 3

Building

Lot Description Rectangular Lot, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 5214343

Bridge MLS
Listed by Jatin Mehta • Kite Hill Real Estate

Nearby Locations

GET MORE INFORMATION

Kenneth Jamaca
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

Name
Phone*
Message

Go tour this home

3411 Adeline St