2715 Benvenue Ave, Berkeley, CA 94705
List Price: $1.75M
Listing Status: Active
0Days on Market: 3
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1935
Lot Size: 7,400 sq ft
MLS Number: 41135687
About This Property
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.
Listing provided by: Joey Wang DRE #01890931 925-934-2900 joey.wang@loremultifamily.com, Keller Williams Realty
Source: CRMLS, MLS #: 41135687
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.