NOT LISTED FOR SALE
-- Bed
-- Bath
-- Sq Ft
1983 Built

Last Sold October 07, 2021

Last sale price $2,400,000

58 Days on Market

About This Home

As of October 2021

Now is your rare chance to own a ''turn-key'' 18 Unit Investment Property Located in one of Redding's few 'Opportunity Zones'. True Pride of Ownership has gone into a complete renovation of 16 of the 18 units, Fresh Paint, Carpet, Tile Floors, Remodeled Kitchen with Upgraded Cabinets & Appliances. Each Unit has a ''townhouse'' layout with 2 large bedrooms + 1.5 bathrooms, private fenced yard, assigned covered parking & onsite coin-op laundry room. The Exterior has NEW Roofs, Upgraded Siding, Professional Landscaping with Upgraded Drainage Lines, New Concrete Driveway, Custom Awnings & All New Exterior Paint. At over $182,000 in Gross Annual Income this is a Great Property for the investor looking for Positive Cash Flow with excellent Upside Potential.

Last Agent to Sell the Property

Nick Kerley

Realty 110, Inc. License #01332465 Listed on: 06/21/2021

Last Buyer's Agent

Michael Staplecamp

Real Brokerage Technologies License #01225010

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Parking

  • Off-Street Parking

Utilities

  • Central Air

Listing and Financial Details

  • Assessor Parcel Number 113-240-004-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Directions: East on Lake Blvd turn right on Clay
  • Prop. Type: Residential Income
  • Year Built: 1983
  • Building Stories: 1
  • Ownership: Seller
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Assigned, Off Street
  • ParkingOffStreet: Yes
  • Parking:Assigned: Yes

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes

Lot Info

  • Parcel #: 113-240-004-000
  • Lot Dimensions: 39,159
  • Zoning Description: NOT AVAILABLE

Rental Info

  • Owner Pays: Water, Garbage, Management

Range of Values:

Collateral Analytics

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ICE

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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
10/07/2021 10/07/21 Sold $2,400,000 -7.7% --
08/18/2021 08/18/21 Pending -- -- --
06/21/2021 06/21/21 For Sale $2,599,000 -- --
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: 21-2901

Shasta Association of REALTORS®