Millman Team Real Estate

$1,750,000
0.17 Acre Lot

2715 Benvenue Ave, Berkeley, California 94705

  • Residential Income Property Type
  • 1935 Year Built
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.

Basic Details
Residential Income
For Sale
41135687
$1,750,000
1935
0.17 Acre
Active
Apartment
Features
: Electric
: None
$0
Appliances
: Dryer, Washer
Address Map
CA
Alameda
Berkeley
ELMWOOD
94705
Benvenue Ave
2715
W123° 44' 44.1''
N37° 51' 40.3''
Cross Street: Derby St.
R-2
Additional Information
$0
$0
$0
$0
$0
: Brick, Wood Siding
6
2026-05-22
1750000
Broker/Agent Information
Keller Williams Realty
Joey Wang
Listing Information
BMLS-R01890931
BMLS-OBBKWR
Active
2026-05-29T08:36:10Z
CRMLS
2026-05-28T17:00:00Z
Agent info
Ray Millman
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