Map of Property

2930 Adeline Street

For Sale

2930 Adeline Street, Berkeley, CA 94703

This Berkeley property for sale is located at 2930 Adeline Street. The current listed sale price for 2930 Adeline Street is $3,295,000. 2930 Adeline Street is situated on a lot that is 0.21 acre in size.

Contacts

broker

Tim Warren

NAI NorCal

Property Details

  • 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 Nov 5, 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

Getting around

  • 93/100

    Walk Score ®

  • 64/100

    Transit Score ®

  • 96/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Berkeley, CA
  • Neighborhood South Berkeley
  • Zip Code 94703
  • Market Bay Area

Points of Interest

  • Ashby

    0.17 miles

  • Downtown Berkeley

    1.02 miles

  • North Berkeley

    1.49 miles

  • Emeryville

    1.60 miles

  • MacArthur

    1.84 miles

  • Berkeley

    1.90 miles

  • Redwood Valley Railway

    3.08 miles

  • 19th Street BART Street Elevator

    3.34 miles

  • Oakland City Center - 12th Street

    3.59 miles

  • El Cerrito Plaza

    3.64 miles

  • Chevron

    0.15 miles

  • BioFuel Oasis

    0.56 miles

  • Telegas

    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

  • UC Gas & Food

    1.11 miles

  • Electrify America

    1.67 miles

  • Tool Library

    0.12 miles

  • Alta Bates parking

    0.57 miles

  • Ellsworth Parking Structure

    0.83 miles

  • UCB Parking

    0.89 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

  • 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 by Hilton Berkeley

    1.12 miles

  • Quality Inn University

    1.17 miles

  • Nash Hotel

    1.17 miles

  • Super 8 Berkeley

    1.21 miles

  • Berkeley Bowl

    0.17 miles

  • Whole Foods Market

    0.49 miles

  • Target

    0.99 miles

  • Safeway

    1.01 miles

  • Berkeley Bowl West

    1.14 miles

  • Trader Joe's

    1.15 miles

  • Star Grocery

    1.16 miles

  • Gateway Grocery

    1.17 miles

  • Mi Tierra

    1.50 miles

  • The Campus Store

    1.50 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Tim Warren

NAI NorCal