2044 Ascot Dr Moraga, CA 94556
Well-maintained apartment building in premier location with income upside potential.
Property size:
7,202 SFProperty Features for 2044 Ascot Dr
General Information
- Standard status
- Active
- Size
- 7,202 SF
Building Details
- Year built
- 1970
Source:
Corcoran
Listing Agent: Theodore Booras
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Moraga Apartment Building with Garden
2044 Ascot Drive presents an opportunity to acquire an apartment building in a premier East Bay location. The property features 6 two-bedroom apartments and 1 one-bedroom apartment, set within a garden setting, steps away from a secluded pool and BBQ cabana area. The property has long-term historical occupancy, and in-place rents are within 9% of current market rents. Additional income upside potential exists via parking, laundry, and the implementation of a rationed utility billing system. Residents are steps away from Mulholland Open Space hiking and a quick drive to St. Mary's College. The property has undergone interior updates along with over $90,000 in recent improvements. The building includes one non-conforming unit. The Moraga fire certificate is in process. The property size is 7202 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- Moraga
- County
- Contra Costa
- State
- California
- Longitude
- -122.1289312
- Latitude
- 37.8567484
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FAQs
What type of property is this?
Apartment building - Well-maintained apartment building in premier location with income upside potential.
Where is this apartment building located?
The property is located at 2044 Ascot Dr Moraga, CA.
What is the asking price?
The asking price for this property is $2,695,000.
What are key features of this property?
This property features: - Prime East Bay location with strong rental demand.; - Six 2-bedroom apartments and one 1-bedroom apartment.; - In-place rents are within 9% of current market rents.