NOT LISTED FOR SALE

355 S Main St Red Bluff, CA 96080

72 Beds
-- Bath
-- Sq Ft
3.92 Acres

Last Sold March 07, 2017

Last sale price $2,100,000

127 Days on Market

About This Home

As of March 2017

The Main Street Apartments at 355 S. Main St. in Red Bluff, California are a well-located 44 unit apartment real estate investment consisting three 2-story apartment buildings situated on a large, level 3.92 acre parcel featuring one, two and three bedroom units. The Main Street Apartments features an attractive unit mix, convenient location, good starting cash flow, rental upside and development potential.

Last Agent to Sell the Property

Scott Gerber

Norcal Commercial License #01138762 Listed on: 08/23/2016

Last Buyer's Agent

Tony Pereira

RE/MAX Gold License #01190189

RE/MAX Gold

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 3.92

Parking

  • Uncovered Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Additional Features

  • Leased Washer and Dryer
  • 3.92 Acre Lot
  • Gas Water Heater

Community Details

  • 44 Units
  • Gross Income $316,416

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Type: Residential Income
  • Property Sub Type: 5 or More Units
  • Subtype Description: Apartments
  • Directions To Property: Take exit 647 from I-5 N Follow S Main St to your destination
  • Lot Size Acres: 3.9205
  • CapRate: 6.10
  • Actual or Scheduled: Scheduled
  • Special Features: None
  • Stories: 0

Interior Features

  • Appliances: Gas Water Heater
  • NumberOfBuildings: 1

Exterior Features

  • Foundation: Slab
  • Roof: Shingle

Garage/Parking

  • Parking Features: Uncovered

Utilities

  • Sewer: Public Sewer
  • Water Source: Public
  • Laundry Features: Washer/Dryer Leased

Lot Info

  • Lot Size Sq Ft: 170775

Building Info

  • Year Built: 1963

Multi Family

  • One Bedroom Annual Occupancy: 100
  • 1 Bedroom Rent Range: 515-550
  • Two Bedroom Annual Occupancy: 100
  • Two Bedroom Rent Range: 580-715
  • Three Bedroom Annual Occupancy: 100
  • Three Bedroom Rent Range: 745-770
  • Number Of1 Bedrooms Occupied: 20
  • Number of 1 Bedroom Units: 20
  • Number Of2 Bedrooms Occupied: 20
  • Number Of3 Bedrooms Occupied: 4
  • Number of 3 Bedroom Units: 4
  • NumberOfUnitsTotal: 44

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,195 -- --
10/09/2024 10/09/24 Price Changed $1,195 +70.7% $2 / Sq Ft
09/24/2024 09/24/24 For Rent $700 0.0% --
03/07/2017 03/07/17 Sold $2,100,000 0.0% --
12/28/2016 12/28/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $2,100,000 -- --
Source: Bay Area Real Estate Information Services (BAREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Scott Gerber

    Norcal Commercial

    (415) 215-3333

    3 Total Sales

    Scott Gerber
    Section Image
  • Tony Pereira

    Buyer's Agent in 2017

    Tony Pereira

    RE/MAX Gold

    (707) 326-1324

    77 Total Sales

    Tony Pereira
    Section Image
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Map

Source: Bay Area Real Estate Information Services (BAREIS)

MLS Number: 21619968

Bay Area Real Estate Information Services (BAREIS)
California Tehama County Red Bluff 96080

355 S Main St, Red Bluff, 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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