$737,500
Redding, CA 96001
MLS# 19-2098
Status: Closed
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Property Description
Great investment opportunity! 8 PLEX in a great location near hospitals. This is a very nice looking, clean complex. Four 2-bedroom units & four 1-bedroom units. All units have laundry rooms. Some with garages and some with carports. Units have been well cared for. Rents have considerable upside.
Details
Maps
Property Description
Property Sub Type: Residential Income
List Price: 799000
Parcel Number: 104-180-029
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $737,500
Area: 01 - NW Redding
Subdivision: N/A
Year Built: 1974
Address Information
Cross Street: Court
Street Number: 1870
Street Name: Sonoma St
State/Province: CA
Postal Code: 96001
County: Shasta
Remarks
Public Remarks: Great investment opportunity! 8 PLEX in a great location near hospitals. This is a very nice looking, clean complex. Four 2-bedroom units & four 1-bedroom units. All units have laundry rooms. Some with garages and some with carports. Units have been well cared for.
Rents have considerable upside.
Directions: Placer to Court to Sonoma to the corner of Sonoma/West/Terrace (Sonoma Terrace Apts.)
Unit Type
5 or More: 1
Parking
Assigned: 1
Detached Carport: 1
Off Street: 1
On Street: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Baseboard: 1
Cooling
Window: 1
Available Terms
1031 Required: 1
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Possession
Close of Escrow: 1
Selling Terms
New Loan: 1
Financial Info
Gross Income $: 66042
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 1
# Bedrooms: 1
# Baths: 1
Rent: 699
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1
Rent: 795
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 699
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 795
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 1
Rent: 785
Remarks: HUD
Unit 6
Unit #: 6
# Bedrooms: 1
# Baths: 1
Rent: 625
Remarks: HUD
Unit 7
Unit #: 7
Bed: 2
Bath: 1
Rent: 715
Unit 8
Unit #: 8
Bed: 1
Bath: 1
Rent: 699
Contract Information
Status: Closed
List Date: 2019-04-25
Sold Date: 2019-12-06
Under Contract Date: 2019-10-04
Sold Price: $737,500
Property Features
Unit Type: 5 or More
Parking: Assigned; Detached Carport; Off Street; On Street
Unit Description: 1 Bedroom; 2 Bedroom
All Units Include: Air Conditioner; Washer/Dryer Hookups
Heating: Baseboard
Cooling: Window
Miscellaneous: Smoke Detectors
Ownership: Seller
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Selling Terms: New Loan
IDX
Listing Office: Venture Properties
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.