NOT LISTED FOR SALE

150 & 170 Masonic Ave Redding, CA 96003

-- Bed
-- Bath
-- Sq Ft
0.44 Acres Lot

Sale Details

Date Sold: December 29, 2023

Last sale price $1,400,000

48 Days on Market

About This Home

As of December 2023

2 remodeled fourplexes for sale together with excellent cashflow.
All units 2 Bedrooms and 1.5 Bathrooms.
7 of the 8 units are rented month to month and applications are being reviewed for the 8th.
7 of the 8 units have been fully remodeled floor to ceiling with high quality modern finishes.
The exteriors have been fully renovated and both roofs have been replaced.
The parking lot was resealed and re-striped.
Annual gross income is approximately $129,000 including onsite laundry contract.
These are high quality properties ready for your clients looking for a low maintenance investment.

Last Agent to Sell the Property

Chris Haedrich

Haedrich & Co., Inc. Listed on: 09/13/2023

Last Buyer's Agent

Matthew Metz

Josh Barker Real Estate License #01907651

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1978

Lot Details

  • 0.44

Parking

  • Off-Street Parking

Home Design

  • Wood Siding

Community Details

  • 8 Units

Listing and Financial Details

  • Assessor Parcel Number 113-340-010, 011, 015, 016

Property Details

Home Type

Multi-Family

Year Built

Built in 1978

Lot Details

0.44 Acres

Listing Details

  • Directions: From I-5 exit 299/Lake Blvd, head west and turn left (south) on Masonic Avenue. The property is on the right.
  • Prop. Type: Residential Income
  • Year Built: 1978
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Exterior Features

  • Construction Type: Wood Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 113-340-010, 011, 015, 016
  • Lot Dimensions: 0.44
  • Zoning Description: RED - C-2 - Central Commericial District

Multi Family

  • Number Of Units Total: 8
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Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $1,400,000 -2.8% --
10/31/2023 10/31/23 Pending -- -- --
09/13/2023 09/13/23 For Sale $1,440,000 -- --
Source: Shasta Association of REALTORS®

Agents Affiliated with this Home

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Map

Source: Shasta Association of REALTORS®

MLS Number: 23-3687

Shasta Association of REALTORS®
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