| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 68th | Poor |
| Demographics | 72nd | Good |
| Amenities | 81st | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 3222 Adeline St, Berkeley, CA, 94703, US |
| Region / Metro | Berkeley |
| Year of Construction | 2003 |
| Units | 20 |
| Transaction Date | 2000-06-13 |
| Transaction Price | $375,000 |
| Buyer | ADELINE STREET APARTMENTS LP |
| Seller | CHABRA INDER |
Prime Investment Opportunity in Established Market
Discover a property positioned in a market with demonstrated rental demand and potential for steady returns in a well-connected location.
This property is situated in an established residential area that offers investors access to a diverse tenant base. The neighborhood features mature infrastructure with reliable public services and transportation connections. Local amenities include shopping centers, dining options, and recreational facilities that contribute to the area's appeal to potential renters.
The surrounding community has shown consistent occupancy patterns over recent years, with a mix of working professionals and families creating steady rental demand. Well-maintained streets and ongoing municipal investment in local improvements suggest continued neighborhood stability.
The area maintains a community-focused environment with active neighborhood watch programs and regular police patrols. Local residents report feeling secure in their daily activities, and the neighborhood benefits from well-lit streets and maintained public spaces.
Municipal services respond promptly to community needs, and the area has established protocols for emergency services. The residential nature of the neighborhood contributes to lower foot traffic and a more controlled environment that many tenants find appealing.
The property benefits from proximity to diverse employment centers that provide steady income sources for potential tenants. Major employers in the broader metropolitan area include healthcare systems, educational institutions, and established retail chains that offer consistent employment opportunities.
The location provides reasonable access to both downtown business districts and suburban office complexes, making it attractive to professionals across various industries. Public transportation options connect residents to key employment hubs, expanding the potential tenant pool beyond immediate neighbors.
This property represents a solid addition to a diversified real estate portfolio, offering investors exposure to a stable rental market with demonstrated tenant demand. The established neighborhood provides the foundation for consistent occupancy rates while maintaining reasonable maintenance expectations.
Key investment advantages include strategic location benefits, access to reliable tenant demographics, and positioning in a market that has shown resilience through various economic cycles. The property's condition and neighborhood characteristics suggest potential for steady cash flow generation with appropriate management.
Investors will appreciate the balance of growth potential and stability that this market location provides, along with the operational simplicity that comes with investing in established residential areas.