$250K Price Improvement; www.328-340rheem.com; Great Unit Mix of 1bd/1bth, 2bd/1bth, and 3bd/1.5bth Units Spread Across Two Addresses (328 & 340 Rheem Blvd); Easy-to-Manage Stable Paying Tenants & No City Rent Control; Onsite Coin Operated Laundry, Covered Parking, and Private Patios; Walking Distance to Shopping, Dining, & Saint Mary's College; 6.70% Current Cap & 10.5 Current GRM; Email Agent on Website For More Information!
Multi-familyProperty Type
1960Year Built
0.39 acresLot Size
$424Price/Sq.Ft.
Listed by Steven Pinza•DRE #01867691• The Pinza Group, Inc
Ascot, located between Moraga Road and Canyon Road, is a residential and semi-rural Moraga neighborhood with rolling hillsides and oak-studded open space. Streets of ranch-style homes and contemporary rebuilds follow the contours of the valley, with wide setbacks and a quiet, equestrian-leaning feel. The neighborhood’s day-to-day energy concentrates around the Moraga Road corridor by Moraga Commons Park, where coffee counters, local eateries, and errands cluster in a compact town-center rhythm. Moraga Art Gallery and the Moraga Farmers’ Market act as cultural touchpoints, while Saint Mary’s College brings lectures, performances, and game-day buzz nearby. Trailheads and creekside paths shape a walk-and-ride lifestyle, and the landscape keeps views and light in constant play.
bridgeMLS, Bay East AOR, or Contra Costa AOR #41130824
Jun 23, 2026
Price Changed
$5,500,000
$424/sq ft
Apr 14, 2026
Listed
$5,795,000
$447/sq ft
Public Records
Aug 26, 2016
Sold
$5,100,000
$393/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$33,778 (+0.6%)
$828,655 + $1,586,285
$2,414,940
2024
$33,588 (+4.1%)
$812,407 + $1,555,182
$2,367,589
2023
$32,254 (+0.3%)
$796,478 + $1,524,689
$2,321,167
2022
$32,158 (+2.0%)
$780,861 + $1,494,794
$2,275,655
2021
$31,523 (+3.1%)
$765,550 + $1,465,485
$2,231,035
2020
$30,567 (−0.3%)
$750,540 + $1,436,750
$2,187,290
2019
$30,659 (+3.6%)
$742,845 + $1,422,018
$2,164,863
2018
$29,595 (+2.4%)
$728,280 + $1,394,136
$2,122,416
2017
$28,890 (+254.2%)
$700,000 + $1,340,000
$2,040,000
2016
$8,156 (+3.2%)
$700,000 + $1,340,000
$2,040,000
2015
$7,900 (+3.4%)
$57,966 + $132,636
$190,602
2014
$7,642 (+7.8%)
$55,978 + $128,132
$184,110
2013
$7,086 (+6.1%)
$55,978 + $128,132
$184,110
2012
$6,681 (+5.0%)
$55,726 + $127,533
$183,259
2011
$6,363 (+5.3%)
$54,634 + $124,901
$179,535
2010
$6,045 (+1.8%)
$53,563 + $122,452
$176,015
2009
$5,936 (+0.6%)
$53,163 + $121,792
$174,955
2008
$5,902
$53,290 + $122,089
$175,379
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
0.38 Acres
Year renovated
1960
Finished Sq. Ft.
4,928
Unfinished Sq. Ft.
—
Total Sq. Ft.
4,928
Year built
1960
Style
Multi-Family (5+ Unit)
County
Contra Costa County
APN
2551100114
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 13, 2026.
R-6
Six Dwellings Per Acre Multifamily Residential District
The purpose of this district is to provide for low density and low intensity multifamily structures and selected office uses in developments which will conform with existing and future neighboring development and which are designed to be compatible with site constraints, such as topography, drainage and existing vegetation.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Multiple units
Housing-Other
Agriculture-Cropland
Feb 2, 2023 • Final
Building/commercial/mc/mechanical
Replace two heat pumps and two furnaces. A HERS report is required at the final inspection.
HVAC
Feb 1, 2023 • Final
Permit submittal
Replace two heat pumps and two furnaces with new units featuring a 14 SEER2 rating.
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
2/10 Heat Factor
7 days above 93° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 16 days in 30 years
Provided by First Street
Historical weather
Moraga, CA • 94556
Average low and high temperatures (°F)
60
43
62
44
70
47
67
48
73
52
76
54
75
56
82
58
81
59
76
57
63
49
58
46
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
79/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.5 hrs
3.6 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 340 Rheem Blvd
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