2715 Benvenue Ave, Berkeley, CA 94705
- Sqft
- 5,511
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Overview
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.
Location
Full feature list
Basic info
- Property type
- Multi-family
- Square feet
- 5,511
- Lot size (acres)
- 0.17
- Year built
- 1935
Interior features
- Basement
- Yes, Finished
- Laundry
- In Basement
Utilities
- Heating
- Electric
- Cooling
- None
- Sewer
- Public Sewer
- Water
- Public Water
Public schools
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Sourced from: Bay East Association of REALTORS MLS®#: 41135687 Last checked: …
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