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.
AGENT: Joey Wang LISTING BROKERAGE: Keller Williams Realty
Courtesy of Keller Williams Realty. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 2715 Benvenue Ave
Berkeley, CA
Property Details
Price:
$1,750,000
MLS #:
41135687
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
ELMWOOD
Listed Date:
May 22, 2026
Lot Size:
7,400 sqft / 0.17 acres (approx)
Year Built:
1935
Elmwood
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Schools
Interior
Cooling
NO
Heating
ELC
Laundry Features
DINC, WINC
Exterior
Construction Materials
BRK, WOD
Parking Spots
6
Parking Total
6
Financial
Map
Community
- Address2715 Benvenue Ave Berkeley CA
- SubdivisionELMWOOD
- CityBerkeley
- CountyAlameda
- Zip Code94705
