Seller's Agent in 2025
Chris Haedrich
Capital Rivers Commercial
(530) 584-2900
26 Total Sales
120 Masonic Ave Redding, CA 96003
Redding Area
2
Beds
1
Bath
780
Sq Ft
1977
Built
About This Home
As of May 2025100% occupied 5-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits, brand new roof, freshly painted exterior, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $5,943.00/month ($68,316.00/year), laundry income averaging around $3,000/year, and annual expenses coming in around $27,875/year (including a maintenance reserve), the property provides just over a 6.1% cap rate. Property includes laundry room with laundry income. Unit 5 interior has been fully remodeled and unit 3 is a 2-story 3 bedroom/2.5 bath apartment with indoor laundry. Highlights
- 100% occupied 5-plex (with one 3 bedroom/2.5 bath unit)
- Below market rents
- All HVAC has been replaced throughout with mini-split systems
- Unit 5 is fully remodeled
- Includes income from onsite laundry
- Low maintenance with new roof, new paint, new HVAC, and little landscaping
Last Agent to Sell the Property
Capital Rivers Commercial License #01484672 Listed on: 07/09/2024
Last Buyer's Agent
NON MEMBER
Non Member
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Parking
- Off-Street Parking
Community Details
- 5 Units
Listing and Financial Details
- Assessor Parcel Number 113410021000
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 9, 2024
Closed on
May 5, 2025
Sold by
Bought by
Seller's Agent
Chris Haedrich
Capital Rivers Commercial
Buyer's Agent
NON MEMBER
Non Member
List Price
$746,000
Sold Price
$716,000
Premium/Discount to List
-$30,000
-4.02%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jul 9, 2024
Closed on
Mar 26, 2025
Sold by
Bought by
Seller's Agent
Chris Haedrich
Capital Rivers Commercial
Buyer's Agent
NON MEMBER
Non Member
List Price
$746,000
Sold Price
$716,000
Premium/Discount to List
-$30,000
-4.02%
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,000
Interest Rate
6.64%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 4, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,818,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,818,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Nov 14, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,500
Interest Rate
6%
Mortgage Type
Commercial
Purchase Details
Closed on
May 7, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.74%
Mortgage Type
Commercial
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | Placer Title | ||
| $716,000 | Placer Title | ||
| -- | Placer Title Company | ||
| $2,635,000 | Placer Title Company | ||
| -- | Chicago Title Co | ||
| $212,000 | Alliance Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $537,000 | ||
| Previous Owner | $1,818,000 | ||
| Previous Owner | $250,000 | ||
| Previous Owner | $165,500 | ||
| Previous Owner | $138,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2025 05/19/25 | Sold | $716,000 | +0.7% | $918 / Sq Ft |
| 12/06/2024 12/06/24 | Pending | -- | -- | -- |
| 08/05/2024 08/05/24 | Price Changed | $711,000 | -4.7% | $912 / Sq Ft |
| 07/09/2024 07/09/24 | For Sale | $746,000 | -- | $956 / Sq Ft |
Source: Shasta Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $5,355 | $730,500 | $153,000 | $577,500 |
| 2025 | $5,355 | $468,393 | $108,242 | $360,151 |
| 2024 | $5,002 | $459,888 | $106,120 | $353,768 |
| 2023 | $5,002 | $451,242 | $104,040 | $347,202 |
| 2022 | $4,871 | $442,560 | $102,000 | $340,560 |
| 2021 | $3,807 | $341,748 | $134,713 | $207,035 |
| 2020 | $3,790 | $338,245 | $133,332 | $204,913 |
| 2019 | $3,675 | $331,614 | $130,718 | $200,896 |
| 2018 | $3,675 | $325,112 | $128,155 | $196,957 |
| 2017 | $3,067 | $269,832 | $133,639 | $136,193 |
| 2016 | $2,935 | $264,542 | $131,019 | $133,523 |
| 2015 | $2,890 | $260,569 | $129,051 | $131,518 |
| 2014 | $2,910 | $255,466 | $126,524 | $128,942 |
Source: Public Records
Agents Affiliated with this Home
-
Chris Haedrich
-
N
Buyer's Agent in 2025
NON MEMBER
Non Member
Map
Source: Shasta Association of REALTORS®
MLS Number: 24-2993
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