
1253 Brandon Ct Redding, CA 96003
Mount Shasta Mall NeighborhoodEstimated payment $9,856/month
About This Home
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!
Property Details
Home Type
- Multi-Family
Home Design
Listing and Financial Details
- Assessor Parcel Number 071-340-004
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/04/2025 03/04/25 | Pending | -- | -- | -- |
03/04/2025 03/04/25 | Price Changed | $1,500,000 | -9.1% | -- |
02/28/2025 02/28/25 | For Sale | $1,650,000 | 0.0% | -- |
01/15/2025 01/15/25 | Pending | -- | -- | -- |
12/16/2024 12/16/24 | Price Changed | $1,650,000 | -5.7% | -- |
10/31/2024 10/31/24 | For Sale | $1,750,000 | -- | -- |
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Source: Shasta Association of REALTORS®
MLS Number: 24-4656

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