3411 Adeline StBerkeley, CA 94703
BERKELEY · Alameda County
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.
Property Information
- Property type
- Residential Income
- Sub-type
- Multi Family
- Year built
- 1940
- Living area
- 6,216 Sq Ft
- Lot size
- 0.14 acres
- Parking spaces
- 3
- Days on market
- 149
- MLS® Listing#
- 41135043
Property Features
- Interior
- Storage
- Cooling
- None
- Heating
- Natural Gas
- Flooring
- Wood
- Basement
- None
- Parking
- Tandem
- Lot features
- Rectangular Lot · Paved
- Construction
- Stucco
- Security
- Carbon Monoxide Detector(s) · Smoke Detector(s)
- Utilities
- Cable Available
- Sewer
- Public Sewer
- Water source
- Public
Financial Details
- HOA
- None
- Parcel number
- 5214343
Listing Courtesy: Kite Hill Real Estate - 8554500442
Presented by: Jatin Mehta
IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Listing information updated daily.
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