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About This Home
This 0-bedroom, 0-bathroom single family at 2715 Benvenue Ave in Berkeley, CA is listed for $1,750,000 ($318 per sqft). Built in 1935, the home offers 5,511 sqft of living space on a 0.17 acres lot.
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.
Key Features
- Built in 1935
- 0.17 acre lot
Property Details
Monthly Cost Estimate
$9,359/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2715 Benvenue Ave
Berkeley, CA 94705
ELMWOOD
Property Details
Flooring
Construction
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom single family at 2715 Benvenue Ave is listed at $1,750,000 ($318/sqft). The estimated monthly payment is $7,583 based on 20% down at 6.5% interest.
Key features include: Built in 1935, 0.17 acre lot.
This property is listed by Joey Wang and can be reached at 5105925554 or joey.wang@loremultifamily.com.
