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(Seller Financing Available) 327 Rheem Blvd 14 Unit Apartment Building $5,700,000 ($407,143/Unit) 5% Cap Rate Moraga, CA 94556



INVESTMENT HIGHLIGHTS
- Pride of Ownership
- Fully Renovated
- Seller Financing Available
- No Deferred Maintenance
EXECUTIVE SUMMARY
PRIDE OF OWNERSHIP PROPERTY IN MORAGA | SELLER FINANCIANING AVAILABLE
Located in the upscale community of Moraga, 327 Rheem Blvd presents a rare opportunity to acquire a 14-unit apartment building in one of the Bay Area’s most desirable and supply-constrained markets. This pride of ownership property features 100% 2-bedroom, 1-bath units, all of which have been fully renovated with modern kitchens, upgraded bathrooms, and stylish flooring.
Set in the prestigious Lamorinda corridor, this asset is surrounded by award-winning schools, strong demographics, and convenient access to Lafayette, Orinda, and Walnut Creek. The seller is offering seller financing, a rare and valuable benefit in today’s capital market environment.
Key Features:
14 Units | All 2BR/1BA | Spacious 810 SF Floor Plans
Fully Renovated Interiors with Updated Kitchens, Bathrooms & Flooring
Major System & Safety Upgrades (Electrical Panels, Water Heater, Railings, Stairs, and More)
Washer/Dryer in 11 Units
Ample Parking: 13 Covered + 9 Uncovered Spaces
Highly Desirable Moraga Location with Strong Tenant Demand
This is a turnkey investment opportunity that combines long-term stability, capital improvements, and attractive in-place financing in a high-barrier-to-entry submarket.
Located in the upscale community of Moraga, 327 Rheem Blvd presents a rare opportunity to acquire a 14-unit apartment building in one of the Bay Area’s most desirable and supply-constrained markets. This pride of ownership property features 100% 2-bedroom, 1-bath units, all of which have been fully renovated with modern kitchens, upgraded bathrooms, and stylish flooring.
Set in the prestigious Lamorinda corridor, this asset is surrounded by award-winning schools, strong demographics, and convenient access to Lafayette, Orinda, and Walnut Creek. The seller is offering seller financing, a rare and valuable benefit in today’s capital market environment.
Key Features:
14 Units | All 2BR/1BA | Spacious 810 SF Floor Plans
Fully Renovated Interiors with Updated Kitchens, Bathrooms & Flooring
Major System & Safety Upgrades (Electrical Panels, Water Heater, Railings, Stairs, and More)
Washer/Dryer in 11 Units
Ample Parking: 13 Covered + 9 Uncovered Spaces
Highly Desirable Moraga Location with Strong Tenant Demand
This is a turnkey investment opportunity that combines long-term stability, capital improvements, and attractive in-place financing in a high-barrier-to-entry submarket.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$487,200
|
$42.96
|
| Other Income |
$18,139
|
$1.60
|
| Vacancy Loss |
$9,744
|
$0.86
|
| Effective Gross Income |
$495,595
|
$43.70
|
| Taxes |
$79,202
|
$6.98
|
| Operating Expenses |
$86,446
|
$7.62
|
| Total Expenses |
$165,648
|
$14.61
|
| Net Operating Income |
$329,947
|
$29.10
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $487,200 |
| Annual Per SF | $42.96 |
| Other Income | |
|---|---|
| Annual | $18,139 |
| Annual Per SF | $1.60 |
| Vacancy Loss | |
|---|---|
| Annual | $9,744 |
| Annual Per SF | $0.86 |
| Effective Gross Income | |
|---|---|
| Annual | $495,595 |
| Annual Per SF | $43.70 |
| Taxes | |
|---|---|
| Annual | $79,202 |
| Annual Per SF | $6.98 |
| Operating Expenses | |
|---|---|
| Annual | $86,446 |
| Annual Per SF | $7.62 |
| Total Expenses | |
|---|---|
| Annual | $165,648 |
| Annual Per SF | $14.61 |
| Net Operating Income | |
|---|---|
| Annual | $329,947 |
| Annual Per SF | $29.10 |
PROPERTY FACTS
| Price | $5,700,000 | Apartment Style | Low-Rise |
| Price Per Unit | $407,143 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.43 AC |
| Cap Rate | 5% | Building Size | 11,340 SF |
| Gross Rent Multiplier | 14.09 | Average Occupancy | 100% |
| No. Units | 14 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1964/2020 |
| Property Subtype | Apartment | Parking Ratio | 1.27/1,000 SF |
| Zoning | 6-DUA | ||
| Price | $5,700,000 |
| Price Per Unit | $407,143 |
| Sale Type | Investment |
| Cap Rate | 5% |
| Gross Rent Multiplier | 14.09 |
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.43 AC |
| Building Size | 11,340 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2020 |
| Parking Ratio | 1.27/1,000 SF |
| Zoning | 6-DUA |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Kitchen
- High Speed Internet Access
SITE AMENITIES
- Storage Space
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 14 | - | 810 |
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PROPERTY TAXES
| Parcel Number | 255-042-001-8 | Total Assessment | $6,445,882 |
| Land Assessment | $3,788,512 | Annual Taxes | $79,202 ($6.98/SF) |
| Improvements Assessment | $2,657,370 | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
255-042-001-8
Land Assessment
$3,788,512
Improvements Assessment
$2,657,370
Total Assessment
$6,445,882
Annual Taxes
$79,202 ($6.98/SF)
Tax Year
2025
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(Seller Financing Available) | 327 Rheem Blvd
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