$1,345,000
SOLD MAY 21, 2025
-- Bed
-- Bath
900 Sq Ft
-- Built

Recently Sold

$1,494 Per Sq Ft

18% Below List Price

124 Days on Market

About This Home

As of May 2025

Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainment—making it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!

Last Agent to Sell the Property

Josh Barker

Josh Barker Real Estate License #01277485 Listed on: 02/28/2025

Last Buyer's Agent

NON MEMBER

Non Member

Property Details

Home Type

  • Multi-Family

Home Design

Listing and Financial Details

  • Assessor Parcel Number 071-340-004

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Directions: Churn Creek to East on Lancers. Right on Brandon Units are located at the end.
  • Prop. Type: Residential Income
  • Building Stories: 2
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Lot Info

  • Parcel #: 071-340-004
  • Zoning Description: NOT AVAILABLE

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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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 Change Sq Ft Price
05/21/2025 05/21/25 Sold $1,345,000 -10.3% $1,494 / Sq Ft
03/04/2025 03/04/25 Pending -- -- --
03/04/2025 03/04/25 Price Changed $1,500,000 -9.1% $1,667 / Sq Ft
02/28/2025 02/28/25 For Sale $1,650,000 0.0% $1,833 / Sq Ft
01/15/2025 01/15/25 Pending -- -- --
12/16/2024 12/16/24 Price Changed $1,650,000 -5.7% $1,833 / Sq Ft
10/31/2024 10/31/24 For Sale $1,750,000 -- $1,944 / Sq Ft
Source: Shasta Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 24-4656

Shasta Association of REALTORS®