$1,181,750
Redding, CA 96003
MLS# 24-5043
Status: Closed
1 / 11
Property Description
Located in a very desirable central location to shopping, transportation, schools, and churches. These units are 2 bedroom 2 bath single level apartments with stucco exterior and comp roofs. 4 Units upstairs and 4 units downstairs each with washer/dryer, refrigerator and a storage locker. Plenty of parking and they are tucked away in a nice cul de sac. Invest in your future, own income property.
Details
Maps
Address Information
Street Suffix: Court
Cross Street: Lancers Lane
Street Number: 1255
Street Name: Burton
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 1275000
Parcel Number: 071-340-022-000
Lot Dim or Acres: .38
GP Zone: RED 10-20 u/a - 10-20 dwelling units per acre
Zoning: RED - RM - Multiple Family Districts
Year Built Desc: 30+
Stories: 2
Current Price: $1,181,750
Area: 02 - NE Redding
Subdivision: N/A
Year Built: 1987
Remarks
Public Remarks: Located in a very desirable central location to shopping, transportation, schools, and churches. These units are 2 bedroom 2 bath single level apartments with stucco exterior and comp roofs. 4 Units upstairs and 4 units downstairs each with washer/dryer, refrigerator and a storage locker. Plenty of parking and they are tucked away in a nice cul de sac. Invest in your future, own income property.
Directions: Churn Creek North from Dana Dr to Right on Lancers Ln to Right on Burton CT
Contract Information
Listing Contract Date: 2024-12-04
Status: Closed
List Date: 2024-12-05
Sold Date: 2025-01-29
Under Contract Date: 2024-12-12
Sold Price: $1,181,750
How to Show
LBX Notice in Doc's: No
Unit Type
5 or More: 1
Sub Zoning
Conforming: 1
Exterior
Stucco: 1
Parking
Assigned: 1
Off Street: 1
Unit Description
2 Bedroom: 1
Miscellaneous
Lawn Sprinklers: 1
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Refrigerator: 1
Storage: 1
Washer/Dryer: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Gas: Natural
Cooling
Central: 1
Available Terms
1031 Required: 1
Cash: 1
Cash to New Loan: 1
Expense Data Source
Owner: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
Cash: 1
Owner Expenses
Insurance: 1
Water: 1
Garbage: 1
Management: 1
Real Estate Tax: 1
Financial Info
Complete Package: No
Gross Income $: 116243
Tenant Expenses
Cable: 1
Electric: 1
Gas: 1
Existing Rntl Terms
Lease: More
Written Lease: Yes
Deposit Held: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 2
Rent: 1250
Deposit: 1250
SqFt: 850
Remarks: Month to Month
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 2
Rent: 1250
Deposit: 1250
SqFt: 850
Lease: 1/15/2025
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 2
Rent: 1250
Deposit: 1250
SqFt: 850
Lease: 6/28/2025
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 2
Rent: 1145.65
Deposit: 0
SqFt: 850
Lease: 2/28/2025
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 2
Rent: 1145.65
Deposit: 0
SqFt: 850
Lease: 2/28/2025
Unit 6
Unit #: 6
# Bedrooms: 2
# Baths: 2
Rent: 1145.65
Deposit: 0
SqFt: 850
Lease: 2/28/2025
Unit 7
Unit #: 7
Bed: 2
Bath: 2
Rent: 1250
Deposit: 1250
SqFt: 850
Lease: 2/28/2025
Unit 8
Unit #: 8
Bed: 2
Bath: 2
Rent: 1250
Deposit: 1550
SqFt: 850
Lease: 7/31/2025
Property Features
Unit Type: 5 or More
Sub Zoning: Conforming
Exterior: Stucco
Parking: Assigned; Assigned; Off Street; Off Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Refrigerator; Storage; Washer/Dryer; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Smoke Detectors
Ownership: Seller
Owner Expenses: Garbage; Insurance; Management; Real Estate Tax; Water
Tenant Expenses: Cable; Electric; Gas
Existing Rntl Terms: Deposit Held
Expense Data Source: Owner
Available Terms: 1031 Required; Cash; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Cash
IDX
Listing Office: Coldwell Banker C&C Properties
Last Updated: April - 30 - 2025
Information deemed reliable but not guaranteed.