2715 Benvenue Ave, Berkeley, CA 94705

$1,650,000

Est. payment /mo

$1,750,000

5.7%
Est.Price: ?

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2715 Benvenue Ave Berkeley, CA 94705

5,511 SqFt

SOLD DATE : 09/10/2026

Key Details

Sold Price $1,650,000

Property Type Commercial

Sub Type Apt Complex

Listing Status Sold

Purchase Type For Sale

Square Footage 5,511 sqft

Price per Sqft $299

Subdivision Elmwood

MLS Listing ID 41135687

Sold Date 09/10/26

HOA Y/N No

Year Built 1935

Lot Size 7,400 Sqft

Acres 0.17

Property Sub-Type Apt Complex

Property Description

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.

Location

State CA

County Alameda

Zoning R-2

Rooms

Basement Finished

Interior

Heating Electric

Cooling None

Flooring Tile, Vinyl, Carpet

Fireplace No

Appliance Dryer, Washer

Laundry Dryer, In Basement, Washer

Exterior

Utilities Available Individual Electric Meter, Master Gas Meter

Building

Lot Description Back Yard, Front Yard, Paved

Sewer Public Sewer

Water Public

New Construction No

Others

Tax ID 54170926

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Bridge MLS
Listed by Joey Wang • Keller Williams Realty
Bought with PeterWhang

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