$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
Address Information
Cross Street: Court
Street Number: 1870
Street Name: Sonoma St
State/Province: CA
Postal Code: 96001
County: Shasta
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
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
Garage: 1
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; Assigned; Off Street; On Street; Garage; 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.