2715 Benvenue Ave, Berkeley, CA 94705

Berkeley
Local realty services provided by:ERA North Orange County Real Estate
2715 Benvenue Ave,Berkeley, CA 94705
$1,750,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: joey wang
Office: keller williams realty925-934-2900
MLS#:41135687
Source:CRMLS

Price summary

  • Price:$1,750,000

About this home

Pre-war 1935 six-unit apartment building one block off College Avenue, minutes from UC Berkeley, Ashby BART, Rockridge, and the Claremont Hotel, with quick access to Highways 13, 24, and 580. Four 2BR/1BA units plus two 1BR/1BA units across 4,676 rentable SF on a 7,400 SF lot. Three units delivered vacant at closing — immediate releasing on half the building. Units 3 and 4 already leased at $3,400, validating the market rent. Unit 5 captures west-facing Bay views; Unit 6 captures south-facing city views — both unobstructed and private. New roof (2024–2025). Six on-site parking spaces — rentable as a separate income line. $291,667/unit, $317/SF. Current cap 5.96%, market cap 7.47%. Built for a 1031 buyer or local investor who wants Berkeley appreciation paired with immediate operational upside.

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Home facts

  • Year built:1935
  • Subdivision & Development:ELMWOOD
  • Listing ID #:41135687
  • Added:69 day(s) ago
  • Updated:July 31, 2026 at 04:00 PM

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1935
  • Lot area:0.17 Acres
  • Construction Materials:Brick, Wood Siding

Finances and disclosures

  • Price:$1,750,000

Features and amenities

  • Appliances:Dryer, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:6
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