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  2. CA
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For Sale

6-Units | Ashby

3411 Adeline St, Berkeley, CA 94703

Ashby is one of Berkeley’s most strategically positioned neighborhoods for apartment investment, offering the rare combination of urban accessibility, neighborhood character, and enduring rental demand. Anchored by the Ashby BART station and situated near major corridors like Adeline Street, Telegraph Avenue, and Shattuck Avenue, the area gives residents convenient access to UC Berkeley, Downtown Berkeley, Oakland, San Francisco, and the broader East Bay employment base. For multifamily owners, this connectivity supports a broad tenant pool that includes students, university affiliates, young professionals, commuters, and long-term Berkeley residents. The neighborhood’s appeal is strengthened by its walkable, culturally rich environment. Ashby is known for its mix of historic homes, small apartment buildings, local cafés, independent shops, community institutions, and proximity to South Berkeley and Elmwood amenities. This blend creates a residential setting that feels established and authentic while still benefiting from Berkeley’s strong regional brand. Investors in apartment buildings can position properties around lifestyle fundamentals that continue to matter to renters: transit access, neighborhood identity, access to education and jobs, and proximity to dining, retail, and recreation. For real estate investors, Ashby offers compelling long-term fundamentals within a supply-constrained Berkeley market. Multifamily assets in the neighborhood may benefit from consistent renter demand, limited new housing supply, and the stability associated with a high-barrier-to-entry university city. Apartment buildings that are well maintained, thoughtfully upgraded, and priced appropriately can appeal to tenants seeking both convenience and character. As Berkeley continues to attract residents drawn to the East Bay’s academic, cultural, and employment opportunities, Ashby remains a neighborhood worth watching for durable multifamily investment potential. Scores Walk Score - 94 Transit Score - 61 Bike Score - 100

Key features

  • Brand-New Ground-Up ADUs: Addition of two newly constructed rear ADUs enhances both rental income potential and long-term asset value
  • Complete Studs-Down Renovation: Property was fully rebuilt with all new electrical, plumbing, roof, and windows, significantly reducing future capital expenditure needs
  • Exceptional Large-Unit Mix: Rare 6-unit configuration featuring (3) 3BD/2BA units, (1) 4BD/3BA unit, and (2) 4BD/4BA units ideal for student and group housing demand
  • Modern Tenant Amenities: All units feature renovated kitchens and bathrooms, in-unit and shared laundry, solar panels, and two off-street parking spaces
  • Premier Berkeley Location: Situated one block from Ashby BART, offering direct transit access throughout the Bay Area and immediate proximity to cafés, markets, restaurants, and neighborhood amenities along the Adeline corridor
  • Strong In-Place Income: Average rents exceeding $4,400/month per unit supported by consistent demand from UC Berkeley students and commuters
  • Turnkey Investment Opportunity: This extensively upgraded asset in a high-demand Berkeley rental market offers strong cash flow with minimal deferred maintenance
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Jatin Mehta

Kite Hill Real Estate

Building Details

  • For Sale $3,498,000
  • Property Type Multi-Family
  • Property Size 6,216 SF
  • Units 6
  • Lot Size 0.15 Acre
  • Building Class C
  • Year Built 1940
  • Date Updated May 22, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Walker's Paradise (94)
  • Transit Score ®

    Good Transit (61)
  • Bike Score ®

    Biker's Paradise (100)
Powered by Walk Score ®

Location

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

Points of Interest

Emeryville

1.16 miles

MacArthur

1.25 miles

Downtown Berkeley

1.65 miles

North Berkeley

2.00 miles

Berkeley

2.14 miles

19th Street BART Street Elevator

2.73 miles

Oakland City Center - 12th Street

2.97 miles

West Oakland

3.14 miles

Lake Merritt

3.43 miles

Mobil

0.50 miles

76

0.59 miles

BioFuel Oasis

0.63 miles

Telegas

0.67 miles

Chevron

0.68 miles

Alaska Gas

0.70 miles

Arco

0.74 miles

Electrify America

1.05 miles

EVgo

1.27 miles

Tool Library

0.70 miles

The Logan Resident and Whole Foods Parking Garage

0.84 miles

Grocery Outlet Headquarters

1.05 miles

Berkeley Bowl West Parking

1.08 miles

Pixar Animation Studios Parking Lot

1.08 miles

The Courtyards at 65th Street Garage

1.15 miles

Berkeley Bowl parking

1.16 miles

Alta Bates parking

1.20 miles

Kaiser Permanente employee parking

1.25 miles

Enterprise

0.68 miles

Rent a relic

0.68 miles

Classy & Classic Auto Detail and Sales

1.30 miles

Gold Coin Car Wash

1.42 miles

Solar Express

1.46 miles

Budget

1.48 miles

Avis

1.49 miles

76 Car Wash

1.52 miles

Auto Detailing

1.53 miles

Domino's

0.20 miles

Vault Cafe

0.22 miles

The Fat Fish

0.25 miles

Lemat

0.27 miles

Sideshow Kitchen

0.32 miles

Shewhat cafe

0.35 miles

Subway

0.39 miles

Al Maida Hot Food and Market

0.40 miles

Nick's Pizza

0.42 miles

Berkeley Bowl

0.78 miles

Whole Foods Market

0.84 miles

Trader Joe's

1.06 miles

Berkeley Bowl West

1.11 miles

Safeway

1.12 miles

Public Market

1.25 miles

Pak 'N Save

1.26 miles

Nordstrom

1.30 miles

Marshalls

1.41 miles

Over 60 Health Center

0.36 miles

Alta Bates Summit Medical Center: Imaging and Mammography Center

0.63 miles

Alta Bates Summit Medical Center: Outpatient Rehab Center

0.63 miles

Children's Hospital & Research Center Oakland

0.67 miles

Acupuncture Oakland - Jennifer Crissman, M.S., L.Ac.

0.74 miles

DaVita Dialysis

0.83 miles

Walgreens

0.83 miles

Berkeley Outpatient Center

0.84 miles

Direct Urgent Care

0.84 miles

3411 Adeline St Listing Summary

  • What is the asking price at 6-Units | Ashby?

    6-Units | Ashby is currently listed for sale at Contact for pricing.

  • What is the total size of 6-Units | Ashby?

    6-Units | Ashby has a total of 6,216 square feet.

  • What is the year built for 6-Units | Ashby?

    The year built for 6-Units | Ashby is 1940.

Contact Listing Broker
broker
Jatin Mehta

Kite Hill Real Estate

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