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Listed by Theodore Booras • United Apartment Group
$ 2,695,000
Est. payment | /mo
7,202 SqFt
$ 2,695,000
Est. payment | /mo
7,202 SqFt
Key Details
Property Type Commercial
Sub Type Garden Apts
Listing Status Pending
Purchase Type For Sale
Square Footage 7,202 sqft
Price per Sqft $374
Subdivision Ascot Drive
MLS Listing ID 41098681
HOA Y/N No
Year Built 1970
Lot Size 0.860 Acres
Property Sub-Type Garden Apts
Source Bridge AOR
Property Description
2044 ASCOT DR. OFFERS INVESTORS AN OPPORTUNITY TO ACQUIRE A PRIDE OF OWNERSHIP APARTMENT BUILDING IN ONE OF THE EAST BAYS PREMIER LOCATIONS. THE PROPERTY CONSISTS OF 6 TWO BEDROOM APARTMENTS AND A 1 ONE BEDROOM APARTMENT IN AN INCREDIBLE GARDEN SETTING WITHIN A STEPS OF THE SECLUDED POOL, BBQ & CABANA AREA. 2044 ASCOT HAS LONG TERM HISTORICAL OCCUPANCY AND IN PLACE RENTS ARE WITHIN 9% OF CURRENT MARKET RENTS. ADDITIONAL INCOME UPSIDE POTENTIAL VIA PARKING, LAUNDRY & THE IMPLEMENTATION OF A RATIONED UTILITY BILLING SYSTEM. THE RESIDENTS OF 2044 ASCOT ARE ALSO ONLY STEPS AWAY FROM MULHOLLAND OPEN SPACE & HIKING AND A QUICK DRIVE TO ST. MARYS COLLEGE. AMAZING INTERIOR UPDATES ALONG WITH OVER $90,000 IN RECENT IMPROVEMENTS. MORAGA FIRE CERT COMPLETE *CLEAR BALCONY INSPECTION.
Location
State CA
County Contra Costa
Interior
Heating Zoned, Wall Furnace
Cooling Central Air, Wall/Window Unit(s)
Flooring Engineered Wood
Fireplace No
Window Features Double Pane Windows
Appliance Built-In Range, Refrigerator
Laundry Common Area
Exterior
View Hills
Building
Lot Description Premium Lot, Secluded, Garden
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