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5,511 sqft

$1,650,000

2715 Benvenue Ave, Berkeley CA, 94705

Price per sqft$299.40
Built in1935
Property size5,511 sqft
Property typeCommercial

Overview

Sold

Listed May 22, 2026

Updated 9 days ago

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. One unit 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.

Additional information

MLS® ID
41135687

Interior Features

Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.17 Acres
MLS provider logo

Listed by Joey Wang, with Keller Williams Realty
Listing Contact: 510-592-5554 

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