Map of Property

2930 Adeline Street

2930 Adeline Street, Berkeley, CA 94703

  • For Sale $3,450,000
  • Property Type Multi-Family
  • Property Size 7,042 SF
  • Units 14
  • Lot Size 0.21 Acre
  • Additional Rent Contact for pricing
  • Year Built 1944
  • Date Updated Sep 12, 2024
2930 Adeline Street is located in South Berkeley just steps from the Berkeley Bowl Marketplace and many other walkable retail locations including Walgreens. Situated on the corner of Ashby Avenue two blocks from Shattuck Avenue, the location allows tenants the additional convenience of Whole Foods (with outdoor dining) and various outdoor cafes and shops, all within an easy walk. Commuters will appreciate the proximity of city bus lines and the Ashby BART Station just one short block away. The property features a 93 walk score and is considered a “Walker’s Paradise” by walkscore.com. This A+ location will continue to demand premium tenants and maintain an ultra-low vacancy rate.The Mitchell Warren Team is pleased to present 2930 Adeline Street, a 14-unit multifamily asset in a prime South Berkeley location steps from the Ashby BART station. This well-maintained property features a desirable unit mix, consisting of eleven (11) 1-bedroom, 1-bathroom units, and three (3) studio units, making it an attractive option for a variety of tenants. Features include secured gated access, dual pane vinyl windows, and five (5) off-street parking spaces. Tenants will also enjoy the shared yard designed by Professor Owen Lang and his team of students from the Academy of Art. The property’s ideal location will ensure vacancy is kept to a minimum and cash flow strong. Don't miss out on this exceptional opportunity to acquire a stabilized multifamily asset with strong in-place income in one of Berkeley's most sought-after areas.

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Highlights

  • Consists of eleven (11) 1-bedroom, 1-bathroom units, and three (3) studio units
  • Excellent in-place cash flow with a 5.31% cap rate and significant rental upside
  • Features include secured gated access, dual pane vinyl windows, and a community garden
  • Features a 93 walk score and is considered a “Walker’s Paradise” by walkscore.com
  • Steps from both Ashby and Shattuck Avenues offering amazing eateries, The Berkeley Bowl, Whole Foods, and more
  • Less than one block to the Ashby BART station offering complete Bay Area access

Contacts

broker

Tim Warren

NAI NorCal

Location

Getting Around

  • Walk Score ®

    93/100 Walker's Paradise

  • Transit Score ®

    64/100 Good Transit

  • Bike Score ®

    96/100 Biker's Paradise
Powered by Walk Score ®
  • City Berkeley, CA
  • Neighborhood South Berkeley
  • Zip Code 94703
  • Market Bay Area

Points of Interest

  • Downtown Berkeley

    1.02 miles

  • Rockridge

    1.24 miles

  • Emeryville

    1.60 miles

  • Redwood Valley Railway

    3.08 miles

  • 19th Street BART Street Elevator

    3.34 miles

  • Orinda

    4.95 miles

  • Marina Way / 16th Street

    7.29 miles

  • Taxi Stand at Farmers Market near Ferry Building

    7.95 miles

  • Taxi Stand at Hotel Vitale

    7.98 miles

  • Steuart Street & Don Chee Way

    8.02 miles

  • Chevron

    0.15 miles

  • Berkeley Gas & Smog

    0.15 miles

  • BioFuel Oasis

    0.56 miles

  • Arco

    0.59 miles

  • 76

    0.70 miles

  • Shell

    0.81 miles

  • Fuel 24:7

    1.06 miles

  • Alaska Gas

    1.10 miles

  • Mobil

    1.10 miles

  • Valero

    1.11 miles

  • Tool Library

    0.12 miles

  • Ellsworth Parking Structure

    0.83 miles

  • UCB Parking

    0.88 miles

  • Oxford Garage

    0.94 miles

  • North Extension Lot

    0.94 miles

  • RSF Garage

    0.95 miles

  • Allston Way Garage

    0.99 miles

  • Telegraph Channing Garage

    0.99 miles

  • Center Street Garage

    1.05 miles

  • Lower Sproul Garage

    1.05 miles

  • Rose Garden Inn

    0.62 miles

  • Downtown Berkeley Inn

    0.84 miles

  • Hotel Shattuck Plaza

    0.96 miles

  • Downtown Berkeley YMCA Hotel

    0.96 miles

  • Residence Inn by Marriott Berkeley

    1.07 miles

  • Travelodge

    1.11 miles

  • Graduate Berkeley

    1.12 miles

  • Quality Inn University

    1.17 miles

  • Nash Hotel

    1.17 miles

  • Super 8 Berkeley

    1.21 miles

  • Flacos

    0.10 miles

  • La Familia

    0.17 miles

  • Emilia's Pizzeria

    0.17 miles

  • Cafe Buenos Aires

    0.17 miles

  • Munch India

    0.18 miles

  • Los Cilantros

    0.26 miles

  • Sconehenge

    0.28 miles

  • Kirala

    0.31 miles

  • Lemat

    0.36 miles

  • The Fat Fish - Fish & Chips

    0.38 miles

  • Sheri Tharp Woodcarving Classes

    0.25 miles

  • Malcolm X Elementary School

    0.27 miles

  • King Child Development Center

    0.30 miles

  • Berkeley Technology Academy

    0.30 miles

  • Sylvia Mendez Elementary School

    0.39 miles

  • The model school

    0.52 miles

  • Acupuncture and Integrative Medicine College - Berkeley

    0.52 miles

  • Longfellow Middle School

    0.54 miles

  • American International Montessori

    0.55 miles

  • Walden Center and School

    0.60 miles

  • The Rec Room

    0.38 miles

  • South YMCA

    0.40 miles

  • East Bay Agency for Children Therapeutic Nursery School

    0.62 miles

  • Jones Child Study Center

    0.77 miles

  • Haste Street Child Development Center

    0.84 miles

  • Dwight Way Child Development Center

    0.88 miles

  • Rockridge Little School

    1.07 miles

  • Claremont Day Nursery

    1.13 miles

  • Woolly Mammoth

    1.23 miles

  • Aquatic Park center pre school

    1.30 miles

Frequently Asked Questions

How much does 2930 Adeline Street cost?

The space currently listed for sale at 2930 Adeline Street asks for $3,450,000.

What is the total square footage of 2930 Adeline Street?

2930 Adeline Street totals 7,042 square feet.

When was this property built?

2930 Adeline Street was built in 1944.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Tim Warren

NAI NorCal