3228 Adeline Street 3228-3230 Adeline St 7 Unité Immeuble d’appartements 5 068 038 $ CAD (724 005 $ CAD/Unité) 6,50% Taux de capitalisation Berkeley, CA 94703

Positioned just one block from Ashby BART in the heart of South Berkeley, 3228 Adeline St
is a mixed-use 7-unit asset offering strong day-one income and long-term upside. Located
on a vibrant commercial corridor with a 95 Walk Score, the property enjoys easy access to
cafés, local markets, and transit connecting directly to San Francisco and beyond. With a
location that appeals to both students and working professionals, it sits in a high-demand
pocket primed for continued rental performance.
The building includes five renovated residential units—ranging from a 2BD/1BA to 4 and
5-bedroom layouts—and two commercial spaces. The units are offered furnished and
designed to attract UC Berkeley students, traveling professionals, or co-living tenants. Each
unit includes a washer and dryer, and the building features an attic level common lounge
as well as a rear lot and ground floor that has ADU potential. Professionally managed by
The Berkeley Group, this is a well-maintained, stable property with the benefit of flexibility—
offering investors strong existing income with multiple avenues to unlock future growth.
TRANSPARENT PRICE. Reach out to LA for private tours.
Contact Joey at joey.wang@loremultifamily.com with questions.
For the offering memorandum and inspection reports, go to https://www.loremultifamily.forsale/
Offers are due on Tuesday, May 26th, at noon.
Disclaimer: The photos in this listing have been digitally enhanced.