Listing provided courtesy of Joey Wang of Keller Williams Realty. Last updated 2026-05-25 08:11:35.000000. Listing information © 2026 Sandicor.
Asking Price: $1,750,000 |
2715 Benvenue Ave, Berkeley CA 94705
Community:
This Apartment property was built in 1935 and is priced at $1,750,000. Please see the additional details below.
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.
