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$1,750,000

2715 Benvenue Ave, Berkeley CA 94705

Berkeley, CA 94705

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5,511 sqft$318/sqft61 days on market

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.

Facts & Features

Property Type

Apt Complex

Status

active

Bedrooms

Bathrooms

Interior

5,511 sqft

Building Sqft

5,511 sqft

Lot Size

7,400 sqft

$/sqft

$318

Year Built

1935

Days on Market

61 days

Listed

May 22, 2026

MLS #

41135687

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