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Ascot Apartments

$2,775,000

2044 Ascot Drive, Moraga, CA 94556

Active
Last Updated: 07/08/2025

4.68

Cap Rate

129,984

NOI

Details:
Cap Rate:    4.68%
NOI:    $129,984
Building Size:    7,202 sqft
Lot Area:    37,461 sqft
Units:    7
GRM:    13.74
Year Built:    1970
Price Per Sqft:    $385.31
Price Per Unit:    $396,429
Highlights:
  • 2044 Ascot Dr. Offers Investors an Opportunity to Acquire a Generational Pride of Ownership Apartment Building in one of the East Bays Premier Locations. Excellent Bedroom Mix of 6 two Bedroom Apartments and 1 one Bedroom Apartment.
  • Upside in Ancillary Income with Parking, Laundry & the Implentation of a Rationed Utility Billing System
  • In Place Rents Only 9% Below Market and Very Close to California Annual Rent Increase Limits
  • Long Term Historical Occupancy with Strong Tenant Profile Fundamentals
  • Major Updates with Over $90,000 in Capital Improvements over the Last Few Years
  • Immediate Upside in Rents !
Description:

Generational Pride Of Ownership Multifamily Investment Opportunity In The Heart Of Moraga.

This Remarkable 7 Unit Apartment Opportunity
Features Three Buildings, With A Desired Mix Of Six
2 Bedroom Apartments And A 1 Bedroom Apartment
With Some Apartments Offering Private Decks &
Patio Areas For Quiet Enjoyment Of The Garden
Setting.

Located In The Sought After Town Of Moraga, This
Property Seamlessly Blends Suburban Tranquility
With Easy Access To Local Amenities. Residents Will
Enjoy The Close Proximity To Schools, Parks, Hiking
Trails, And Shopping Centers. With Public
Transportation And Major Roads Easily Accessible,

2044 Ascot Dr Provides The Perfect Balance Of A
Suburban Lifestyle And The Convenience Of Nearby
Amenities. Contact Us For More Information & The Offering Memorandum.

Map:
Location
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