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    Multifamily Property Near Saint Mary's College Title is generated by Realmo AI

    340 Rheem Blvd, Moraga, CA 94556

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    For Sale
    $5,795,000

    Multifamily property with diverse unit mix near shopping and dining.

    Type:Commercial
    Property size:
    12,975 SF
    Price / SF:
    $446/SF
    Added:
    Apr 15, 2026
    Days on Market:
    55
    Last Refresh:
    Apr 15 at 8:09 pm

    Property Features for 340 Rheem Blvd

    General Information

    Standard status
    Active
    Size
    12,975 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1960

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    Listing Contact
    STEVEN PINZA

    Listing agent STEVEN PINZA

    Listing office THE PINZA GROUP, INC

    Listing date Apr 15, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of THE PINZA GROUP, INC

    HighLights

    • Great Unit Mix: Featuring 1bd/1bth, 2bd/1bth, and 3bd/1.5bth units.
    • No City Rent Control: Enjoy flexibility in rental management.
    • Stable Paying Tenants: Provides immediate income and reduces vacancy concerns.
    • Walking Distance to Amenities: Close to shopping, dining, and Saint Mary's College.
    • Onsite Laundry and Covered Parking: Offers convenient amenities.
    • Attractive Cap Rate and GRM: 6.14% Current Cap, 11.8 Current GRM.

    Overview

    This multifamily property features a mix of one-bedroom, one-bathroom, two-bedroom, one-bathroom, and three-bedroom, one-and-a-half-bathroom units spread across two addresses on Rheem Boulevard. The property offers easy management with stable, paying tenants and no city rent control. On-site amenities include coin-operated laundry, covered parking, and private patios. The location provides walking distance access to shopping, dining, and Saint Mary's College. The property has a current cap rate of 6.14% and a current GRM of 11.8. The property size is 12975 square feet.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moraga
    County
    Contra Costa
    State
    California
    Longitude
    -122.1298857
    Latitude
    37.8614326

    FAQs

    What type of property is this?
    Apartment building - Multifamily property with diverse unit mix near shopping and dining.
    Where is this apartment building located?
    The property is located at 340 Rheem Blvd Moraga, CA.
    What is the asking price?
    The asking price for this property is $5,795,000.
    What are key features of this property?
    This property features: Great Unit Mix: Featuring 1bd/1bth, 2bd/1bth, and 3bd/1.5bth units.; No City Rent Control: Enjoy flexibility in rental management.; Stable Paying Tenants: Provides immediate income and reduces vacancy concerns.
    More about this property
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