Listed by Joey Wang, DRE #01890931 • Keller Williams Realty
Bought with Peter Whang SM2TD

$1,650,000

Est. payment -/mo

$1,750,000

5.7%

Est.Price: ?

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2715 Benvenue Ave Berkeley, CA 94705

8 Beds

4 Baths

5,511 SqFt

SOLD DATE : 09/10/2026

Key Details

Sold Price $1,650,000

Property Type Multi-Family

Sub Type Five or More Units

Listing Status Sold

Purchase Type For Sale

Square Footage 5,511 sqft

Price per Sqft $299

MLS Listing ID EB41135687

Sold Date 09/10/26

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. 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.