$515,000
Cottonwood, CA 96022
MLS# 24-419
Status: Closed
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Property Description
UNIQUE INVESTMENT OPPORTUNITY! 3 HOMES + DUPLEX ON NEARLY 4 ACRES! TOTAL OF 5 UNITS. Unlock the potential of this exceptional property, located just minutes from Redding. Offering a versatile investment with three homes and a duplex, this property is full of possibilities. Two homes and one side of the duplex have been updated inside, with some exterior TLC needed to boost their curb appeal. With 3.89 acres, you have room to expand, add more units, or create recreational spaces.
Details
Address Information
Street Suffix: Street
Cross Street: Frances
Street Number: 19838
Street Name: First
State/Province: CA
Postal Code: 96022
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 550000
Parcel Number: 087-150-009-000
Lot Dim or Acres: 3.89
GP Zone: NOT AVAILABLE
Zoning: SC - R-R - Rural Residential District
Year Built Desc: 30+
Stories: 1
Current Price: $515,000
Area: 08 - Cottonwood
Subdivision: N/A
Remarks
Public Remarks: UNIQUE INVESTMENT OPPORTUNITY! 3 HOMES + DUPLEX ON NEARLY 4 ACRES! TOTAL OF 5 UNITS.
Unlock the potential of this exceptional property, located just minutes from Redding. Offering a versatile investment with three homes and a duplex, this property is full of possibilities. Two homes and one side of the duplex have been updated inside, with some exterior TLC needed to boost their curb appeal. With 3.89 acres, you have room to expand, add more units, or create recreational spaces.
Directions: From Redding, I-5 South, exit Gas Point Road, turn RIGHT on Gas Point, LEFT on Frances, RIGHT on First St. Map may show Sweetie Lane. Address of each unit: 19828, 19830, 19834, 19836, 19838 First St
Contract Information
Listing Contract Date: 2024-01-25
Status: Closed
List Date: 2024-01-26
Sold Date: 2024-12-06
Under Contract Date: 2024-10-29
Sold Price: $515,000
How to Show
LBX Notice in Doc's: Yes
Unit Type
5 or More: 1
Exterior
Wood: 1
Parking
# Spaces Garage: 4
Carport: 1
Off Street: 1
Unit Description
2 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Fireplace: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Electric: 1
Woodstove: 1
Cooling
Evaporative: 1
Available Terms
All Cash to Seller: 1
Cash to New Loan: 1
Owner Carry 1st: 1
Submit: 1
Expense Data Source
Owner: 1
Possession
Close of Escrow: 1
Photo
On File: 1
Agent Upload: 1
Selling Terms
Owner Carry 1st: 1
Owner Expenses
Management: 1
Management $ Amount: 300
Other $ Amount: 50
Tenant Expenses
Electric: 1
Garbage: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 19836
# Bedrooms: 2
# Baths: 1
Rent: 700
Parking: 1-Car Garage
Remarks: Duplex - Left side
Unit 2
Unit #: 19834
# Bedrooms: 2
# Baths: 1
Rent: 700
SqFt: 800
Parking: 1-Car Garage
Remarks: Duplex - Right side
Unit 3
Unit #: 19838
# Bedrooms: 2
# Baths: 1
Rent: 800
SqFt: 800
Parking: 1-Car Garage
Remarks: House #1
Unit 4
Unit #: 19830
# Bedrooms: 2
# Baths: 1
Rent: 900
SqFt: 1000
Stories: 2
Remarks: House #2
Unit 5
Unit #: 19828
# Bedrooms: 2
# Baths: 1
Rent: 950
SqFt: 1000
Parking: 1-Car Garage
Remarks: House #3
Property Features
Unit Type: 5 or More
Exterior: Wood
Parking: Off Street; Carport; Off Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Fireplace; Washer/Dryer Hookups
Heating: Electric; Woodstove
Cooling: Evaporative
Miscellaneous: Smoke Detectors
Ownership: Seller
Owner Expenses: Management
Tenant Expenses: Electric; Garbage
Existing Rntl Terms: Month to Month
Expense Data Source: Owner
Available Terms: All Cash to Seller; Cash to New Loan; Owner Carry 1st; Submit
Possession: Close of Escrow
Photo: On File; Agent Upload
Selling Terms: Owner Carry 1st
IDX
Listing Office: Vylla Home, Inc.
Last Updated: March - 07 - 2025
Information deemed reliable but not guaranteed.