2715 Benvenue Ave, Berkeley, CA 94705
2715 Benvenue Ave, Berkeley, CA 94705
2715 Benvenue Ave, Berkeley, CA 94705
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
$1,750,000
Est. payment /mo
8 Beds
4 Baths
5,511 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,511 sqft

Price per Sqft $317

MLS Listing ID EB41135687

Bedrooms 8

Year Built 1935

Lot Size 7,400 Sqft

Property Sub-Type Five or More Units

Source Bridge MLS

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. 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

State CA

County Alameda

Area Berkeley Map Area 9

Zoning R-2

Interior

Heating Electric

Cooling None

Flooring Tile, Vinyl, Carpet - Wall to Wall

Laundry In Basement, Washer, Dryer

Exterior

Exterior Feature Siding - Wood , Wood Frame, Brick

Parking Features Parking Area

Garage Spaces 6.0

Others

Tax ID 54-1709-26

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker | License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA, 95054, USA

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2715 Benvenue Ave

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