$740,000
Redding, CA 96003
MLS# 23-3754
Status: Closed
1 / 20
Property Description
Here is a chance to buy an investment with a lot of upside potential. The owner had the property built and has owned it since completion. Well maintained and managed by the owner. Very convenient location. These are large (650sqft) 1 bedroom, with walk-in closet, one bath units. Each unit has a refrigerator, electric stove & dishwasher. Long term tenants equals upside rents.
Details
Maps
Address Information
Cross Street: Lake Blvd
Street Number: 3717
Street Name: Saint Nicholas
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 749000
Parcel Number: 113-080-003-000
Lot Dim or Acres: 13,475
GP Zone: RED 10-20 u/a - 10-20 dwelling units per acre
Zoning: RED - RM - Multiple Family Districts
Year Built Desc: 01-05 Years
Stories: 2
Current Price: $740,000
Area: 01 - NW Redding
Subdivision: N/A
Year Built: 1976
Remarks
Public Remarks: Here is a chance to buy an investment with a lot of upside potential. The owner had the property built and has owned it since completion. Well maintained and managed by the owner. Very convenient location. These are large (650sqft) 1 bedroom, with walk-in closet, one bath units. Each unit has a refrigerator, electric stove & dishwasher. Long term tenants equals upside rents.
Directions: Hilltop to left on Lake Blvd to Right on St Nicholas. Property on the corner of Lake and St Nicholas.
Unit Type
5 or More: 1
Sub Zoning
Conforming: 1
Exterior
Wood: 1
Parking
Not Assigned: 1
Guest: 1
Off Street: 1
Unit Description
1 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Cable: 1
Refrigerator: 1
Ownership
Seller: 1
Heating
Electric: 1
Cooling
Window: 1
Available Terms
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
Advertisement: 1
Insurance: 1
Bldg/Grnds Mnt: 1
Water: 1
Garbage: 1
Tenant Expenses
Cable: 1
Electric: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
Unit #: 1
# Bedrooms: 1
# Baths: 1
Rent: 600
SqFt: 650
Parking: 1
Unit 2
Unit #: 2
# Bedrooms: 1
# Baths: 1
Rent: 700
SqFt: 650
Parking: 1
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 450
SqFt: 650
Parking: 1
Unit 4
Unit #: 4
# Bedrooms: 1
# Baths: 1
Rent: 0
SqFt: 650
Parking: 1
Remarks: Market rent $800-850
Unit 5
Unit #: 5
# Bedrooms: 1
# Baths: 1
Rent: 700
SqFt: 650
Parking: 1
Unit 6
Unit #: 6
# Bedrooms: 1
# Baths: 1
Rent: 600
SqFt: 650
Parking: 1
Unit 7
Unit #: 7
Bed: 1
Bath: 1
Rent: 313.5
SqFt: 650
Parking: 1
Unit 8
Unit #: 8
Bed: 1
Bath: 1
Rent: 700
SqFt: 650
Parking: 1
Contract Information
Status: Closed
List Date: 2023-09-16
Sold Date: 2023-11-30
Under Contract Date: 2023-09-26
Sold Price: $740,000
Property Features
Unit Type: 5 or More
Sub Zoning: Conforming
Exterior: Wood
Parking: Off Street; Not Assigned; Guest; Off Street
Unit Description: 1 Bedroom
All Units Include: Air Conditioner; Cable; Refrigerator
Heating: Electric
Cooling: Window
Miscellaneous: Smoke Detectors
Ownership: Seller
Owner Expenses: Advertisement; Bldg/Grnds Mnt; Garbage; Insurance; Water
Tenant Expenses: Cable; Electric
Existing Rntl Terms: Month to Month
Expense Data Source: Owner
Available Terms: 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 - 22 - 2025
Information deemed reliable but not guaranteed.