NOT LISTED FOR SALE

2705 Akard Ave Redding, CA 96001

Parkview Neighborhood
1 Bed
1 Bath
5,724 Sq Ft
0.32 Acres

Last Sold January 06, 2023

Last sale price $1,342,500 $235 Per Sq Ft

79 Days on Market

Highlights

  • 0.32 Acre Lot
  • Traditional Architecture
  • Tile Flooring
  • Shasta High School Rated A
  • Fenced Yard
  • Energy-Efficient Appliances

About This Home

As of January 2023

Clean completely remodeled complex. 10 units with pool and laundry. Nice units with tile bathroom enclosures and new paint, flooring and kitchen cabinets. First time investor or seasoned this complex has good rental history and upside rent potential.

Last Agent to Sell the Property

Tony Pereira

RE/MAX Gold License #01190189 Listed on: 09/28/2022

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960 | Remodeled

Lot Details

  • 0.32 Acre Lot
  • Fenced Yard

Home Design

  • Traditional Architecture
  • Side-by-Side
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1 Bedroom
  • 5,724 Sq Ft Home
  • 2-Story Property
  • Free-Standing Electric Range

Flooring

  • Laminate
  • Tile

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 24 Parking Spaces
  • Uncovered Parking

Eco-Friendly Details

  • Energy-Efficient Appliances

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • 220 Volts
  • High-Efficiency Water Heater
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, trash collection
  • Assessor Parcel Number 104-250-029-000

Community Details

Overview

  • 2 Buildings
  • 10 Units

Additional Features

  • Laundry Facilities
  • Gross Income $135,084

Property Details

Home Type

Multi-Family

Year Built

Built in 1960 | Remodeled

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Cypress Ave. to Parkview Ave. to Akard Ave.
  • Lot Size Acres: 0.3200
  • Stories: 2
  • CapRate: 6.64
  • Actual or Scheduled: Actual
  • ArchitecturalStyle: Traditional
  • Special Features: None

Interior Features

  • Appliances: Free Standing Electric Range
  • Accessibility Features: Varies By Unit
  • Flooring: Laminate, Tile
  • Price Per Square Foot: 234.54
  • Square Footage: 5724.00
  • NumberOfBuildings: 2

Exterior Features

  • Foundation: Slab
  • Lot Features: Shape Regular
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • ExteriorFeatures: Fenced Yard

Garage/Parking

  • Parking Features: Side-by-Side, Uncovered
  • Total Parking Spaces: 24.00

Utilities

  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Security Features: Carbon Mon Detector, Fire Extinguisher, Smoke Detector, Varies By Unit
  • Sewer: Private Sewer
  • Utilities: Cable Connected, City, DSL Available, Electric
  • Water Source: Meter on Site, Public
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, In Common Area
  • Separate Meters: Electricity

Lot Info

  • Assessor Parcel Number: 104-250-029-000
  • Lot Size Sq Ft: 13939.00

Green Features

  • Energy Efficient: Appliances, Water Heater

Rental Info

  • TenantPays: Cable TV, Electricity, Trash Collection

Building Info

  • Year Built: 1960

Multi Family

  • One Bedroom Annual Occupancy: 95
  • 1 Bedroom Rent Range: 900-1100
  • Number Of1 Bedrooms Occupied: 9
  • Number of 1 Bedroom Units: 10
  • NumberOfUnitsTotal: 10

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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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 List to Sale Price per Sq Ft Prior Sale
01/06/2023 01/06/23 Sold $1,342,500 -3.1% $235 / Sq Ft
12/16/2022 12/16/22 Pending -- -- --
11/03/2022 11/03/22 Price Changed $1,385,000 -1.1% $242 / Sq Ft
10/20/2022 10/20/22 Price Changed $1,400,000 -5.1% $245 / Sq Ft
09/28/2022 09/28/22 For Sale $1,475,000 +9.3% $258 / Sq Ft
01/18/2022 01/18/22 Sold $1,350,000 0.0% -- View Prior Sale
12/27/2021 12/27/21 Pending -- -- --
09/09/2021 09/09/21 For Sale $1,350,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $14,430 $1,395,935 $260,100 $1,135,835
2024 $14,576 $1,369,750 $255,000 $1,114,750
2023 $14,576 $1,377,400 $255,000 $1,122,400
2022 $10,072 $944,887 $236,514 $708,373
2021 $10,030 $926,673 $231,877 $694,796
2020 $10,177 $918,298 $229,500 $688,798
2019 $4,368 $400,000 $100,000 $300,000
2018 $3,672 $324,673 $75,755 $248,918
2017 $3,653 $318,308 $74,270 $244,038
2016 $3,539 $312,067 $72,814 $239,253
2015 $3,495 $307,381 $71,721 $235,660
2014 $3,472 $301,361 $70,317 $231,044
Source: Public Records

Agents Affiliated with this Home

  • Tony Pereira

    Seller's Agent in 2023

    Tony Pereira

    RE/MAX Gold

    (707) 326-1324

    1 in this area

    77 Total Sales

    Tony Pereira
    Section Image

  • K

    Seller's Agent in 2022

    Kevin Rhoderick

    eXp Realty of California, Inc.

    (530) 515-3761

    1 in this area

    93 Total Sales

    Kevin Rhoderick
    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    Big Valley Properties

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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 322088874

Bay Area Real Estate Information Services (BAREIS)
California Shasta County Redding 96001 Parkview

2705 Akard Ave, Redding, CA

Not Listed for Sale

MultiFamily

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Bay Area Real Estate Information Services (BAREIS) Listing information deemed reliable but not guaranteed. Copyright 2025 Bay Area Real Estate Information Services, Inc. All Right Reserved.

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