$1,750,000
2715 Benvenue Ave, Berkeley CA 94705
Berkeley, CA 94705
Get DirectionsAbout 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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