About 2715 Benvenue Ave
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.
Features of 2715 Benvenue Ave
| MLS® # | 41135687 |
|---|---|
| Price | $1,750,000 |
| Square Footage | 5,511 |
| Acres | 0.17 |
| Year Built | 1935 |
| Type | COMM RI MULTI-UNITS 5+ |
| Sub-Type | Apt Complex |
| Status | Active |
Community Information
| Address | 2715 Benvenue Ave |
|---|---|
| Subdivision | ELMWOOD |
| City | Berkeley |
| County | Alameda |
| State | CA |
| Zip Code | 94705 |
Amenities
| Utilities | Individual Electric Meter, Master Gas Meter |
|---|---|
| Parking | Parking Lot, On Street, Uncovered Parking Space |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer |
|---|---|
| Heating | Electric |
| Cooling | None |
| Fireplace | No |
Exterior
| Lot Description | Back Yard, Front Yard, Paved |
|---|---|
| Construction | Brick, Frame, Wood Siding |
Additional Information
| Date Listed | May 22nd, 2026 |
|---|---|
| Zoning | R-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Joey Wang |
|---|---|
| Office | Keller Williams Realty |