NOT LISTED FOR SALE
40 Beds
2 Baths
20,176 Sq Ft
1.11 Acres

Last Sold December 17, 2024

Last sale price $7,269,000 $360 Per Sq Ft

42 Days on Market

About This Home

As of December 2024

Prime 20-Unit Apartment Complex in Desirable Moraga Discover an outstanding investment opportunity in the heart of Moraga! This well-maintained 20-unit apartment complex features 15 spacious townhouse-style units and 5 charming apartments, along with a bonus studio. The property is thoughtfully designed with a mix of layouts that appeal to a wide range of tenants, making it a highly desirable rental community. Property Highlights: 15 Townhouse-Style Units with private decks or yards 5 Apartments plus a bonus studio unit Swimming Pool - a perfect spot for relaxation and enjoyment Covered and Uncovered Parking for tenant convenience On-Site Laundry Room to enhance tenant comfort Private Decks/Yards for outdoor living and entertaining Located in the sought-after town of Moraga, this complex combines suburban tranquility with close proximity to local amenities, schools, parks, and shopping. With easy access to public transportation and major roads, it offers tenants a balanced lifestyle of convenience and comfort. Perfect for investors seeking long-term rental income potential in a highly desirable area. Don't miss out on this rare opportunity to own a prime apartment complex in Moraga!

Last Agent to Sell the Property

Jeff Appenrodt

Laurel Realty & Investment License #01336153 Listed on: 09/06/2024

Last Buyer's Agent

Jeff Appenrodt

Laurel Realty & Investment License #01336153 Listed on: 09/06/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 1.11 Acre Lot

Home Design

  • 20,176 Sq Ft Home

Parking

  • 30 Parking Spaces
  • Covered Parking
  • Uncovered Parking

Listing and Financial Details

  • Assessor Parcel Number 255-140-003-5

Community Details

Overview

  • 20 Units

Building Details

  • 16 Leased Units
  • 4 Vacant Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

1.11 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Year Built: 1964
  • Special Features: None
  • Stories: 0

Interior Features

  • Price Per Square Foot: 360.28
  • Square Footage: 20176.00

Garage/Parking

  • Parking Features: Covered, Uncovered
  • Total Parking Spaces: 30.00

Fee Information

  • Utilities Expenses: 50000

Lot Info

  • Assessor Parcel Number: 255-140-003-5
  • Lot Features: Other
  • Lot Size Acres: 1.1100
  • Lot Size Sq Ft: 48352.00
  • Lot Size Units: SqFt
  • Price Per Acre: 6548648.65

Building Info

  • Number of Units Total: 20

Rental Info

  • Units Furnished: None

Multi Family

  • Number Of Units Vacant: 4
  • Gross Rent Multiplier: 10.38
  • Number Of2 Bedrooms Occupied: 16
  • Number of Studio Units: 1
  • Number Of Units Leased: 16
  • Number Studios Occupied: 1

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $7,269,000 +3.9% $360 / Sq Ft
09/06/2024 09/06/24 For Sale $6,995,000 -- $347 / Sq Ft
Source: San Francisco Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $95,163 $7,269,000 $2,400,000 $4,869,000
2024 $60,387 $4,304,735 $2,186,533 $2,118,202
2023 $60,387 $4,220,329 $2,143,660 $2,076,669
2022 $60,252 $4,137,578 $2,101,628 $2,035,950
2021 $59,029 $4,056,450 $2,060,420 $1,996,030
2019 $57,315 $3,936,135 $1,999,307 $1,936,828
2018 $55,310 $3,858,956 $1,960,105 $1,898,851
2017 $53,967 $3,783,291 $1,921,672 $1,861,619
2016 $51,698 $3,709,110 $1,883,993 $1,825,117
2015 $50,964 $3,653,397 $1,855,694 $1,797,703
2014 $50,068 $3,581,833 $1,819,344 $1,762,489
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Francisco Association of REALTORS®

MLS Number: 424063498

San Francisco Association of REALTORS®
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