$850,000
Redding, CA 96001
MLS# 12-4111
Status: Closed
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Property Description
The property is improved with three blds. One bldg 1575 olive 11 units. Two bldgs 1565 Olive 24 units for a total of 35. Six units have 1-bdrm 1-bath and 29 have 2-bdrms 1-bth. A laundry room is in 1575 Olive with leased machines. Each unit has a range, oven and refrigerater.
Details
Maps
Address Information
Cross Street: Placer
Street Number: 1565-1575
Unit: 35
Street Name: Olive
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 1150000
Parcel Number: 105-220-024-000 105-250-001-000
GP Zone: RED 20-30 u/a - 20-30 dwelling units per acre
Zoning: RED - R-3 - Multiple Family Res Dist
Year Built Desc: 20-30 Years
Stories: 2
Current Price: $850,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: The property is improved with three blds. One bldg 1575 olive 11 units. Two bldgs 1565 Olive 24 units for a total of 35. Six units have 1-bdrm 1-bath and 29 have 2-bdrms 1-bth. A laundry room is in 1575 Olive with leased machines. Each unit has a range, oven and refrigerater.
Directions: Interstate 5 to Hwy 44 west to court st. turn left to Placer go right on Placer to Olive right to the apartments on the right.
Unit Type
Complex: 1
Sub Zoning
Conforming: 1
Exterior
Stucco: 1
Parking
Assigned: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
Miscellaneous
Laundry in Complex: 1
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Refrigerator: 1
Ownership
REO: 1
Heating
Electric: 1
Furnace Wall: 1
Gas: Natural
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Requested: 1
Selling Terms
New Loan: 1
Subj to Inspection: 1
Tenant Expenses
Electric: 1
Gas: 1
Water: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 6
# Bedrooms: 1
# Baths: 1
Unit 2
Unit #: 29
# Bedrooms: 2
# Baths: 1
Contract Information
Status: Closed
List Date: 2012-10-08
Sold Date: 2013-04-05
Under Contract Date: 2012-12-07
Sold Price: $850,000
Property Features
Unit Type: Complex
Sub Zoning: Conforming
Exterior: Stucco
Parking: Assigned; Assigned
Unit Description: 1 Bedroom; 2 Bedroom
All Units Include: Air Conditioner; Refrigerator
Heating: Electric; Furnace Wall
Miscellaneous: Laundry in Complex; Smoke Detectors
Ownership: REO
Tenant Expenses: Electric; Gas; Water
Existing Rntl Terms: Month to Month
Possession: Close of Escrow
Photo: Agent Upload; Requested
Selling Terms: New Loan; Subj to Inspection
IDX
Listing Office: REDDING COMMERCIAL INVESTMENTS
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.