$800,000
Redding, CA 96003
MLS# 09-2973
Status: Closed

1 / 1
Property Description
REDUCED Two parcels, two six plexes. FULLY RENTED AT 550 EA. Well maintained large twnhm style units 2 bdrm 1.5 bath, 1000 sq. ft ea. Stucco exterior with tile roofs. All units have a small enclosed rear patio. Rents good be higher but have been reduced in order to keep complex fully rented.
Details
Address Information
Cross Street: Clay
Street Number: 440-450
Street Name: Lake Blvd
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 825000
Parcel Number: 113-230-027,028
GP Zone: NOT AVAILABLE
Zoning: RED - R-3 - Multiple Family Res Dist
Year Built Desc: 20-30 Years
Stories: 2
Current Price: $800,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: REDUCED Two parcels, two six plexes. FULLY RENTED AT 550 EA. Well maintained large twnhm style units 2 bdrm 1.5 bath, 1000 sq. ft ea. Stucco exterior with tile roofs. All units have a small enclosed rear patio. Rents good be higher but have been reduced in order to keep complex fully rented.
Directions: Hwy 5 or Market St. north to Lake Blvd. Right/east on Lake to just east of Clay. Buildings are on the right.
Unit Type
5 or More: 1
Exterior
Stucco: 1
Parking
Assigned: 1
Unit Description
2 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Patio: 1
Refrigerator: 1
Storage: 1
Ownership
Seller: 1
Heating
Gas: Natural
Cooling
Central: 1
Available Terms
1031 Required: 1
All Cash to Seller: 1
Cash to New Loan: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Subj to Inspection: 1
Owner Expenses
Account: 1
Advertisement: 1
Electric: 1
Insurance: 1
Bldg/Grnds Mnt: 1
Water: 1
Garbage: 1
Management: 1
Sewer: 1
Real Estate Tax: 1
Vacancy: 1
Tenant Expenses
Cable: 1
Electric: 1
Gas: 1
Existing Rntl Terms
Month to Month: 1
Documents
Lead Based Paint: 1
Unit 1
# Bedrooms: 2
# Baths: 1.5
Rent: 550
SqFt: 1000
Contract Information
Status: Closed
List Date: 2009-06-08
Sold Date: 2014-04-18
Under Contract Date: 2014-02-25
Sold Price: $800,000
Property Features
Unit Type: 5 or More
Exterior: Stucco
Parking: Assigned; Assigned
Unit Description: 2 Bedroom
All Units Include: Patio; Refrigerator; Storage
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Owner Expenses: Account; Advertisement; Bldg/Grnds Mnt; Electric; Garbage; Insurance; Management; Real Estate Tax; Sewer; Vacancy; Water
Tenant Expenses: Cable; Electric; Gas
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required; All Cash to Seller; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: New Loan; Subj to Inspection
Documents: Lead Based Paint
IDX
Listing Office: REDDING COMMERCIAL INVESTMENTS
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.