$720,000
Redding, CA 96003
MLS# 23-615
Status: Closed
1 / 44
Property Description
Ready for its next investor. Great location for this four plex unit. All units are single story, 2 bed 2 bath, approx. 1,000 sq/ft units with attached 1 car garages, central heat and air (2 units 2023 and 2 units 2016), individual laundry and back yards. New roof being installed (weather permitted). These units are very close to Colleges and other amenities in NE Redding and have been maintained immaculately.
Details
Maps
Address Information
Cross Street: Posey ln
Street Number: 832
Street Name: Cally Ct
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 749900
Parcel Number: 116-550-024-000
Lot Dim or Acres: 16,117
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 20-30 Years
Stories: 1
Current Price: $720,000
Area: 73 - SW Red Bluff
Subdivision: N/A
Year Built: 1993
Remarks
Public Remarks: Ready for its next investor. Great location for this four plex unit. All units are single story, 2 bed 2 bath, approx. 1,000 sq/ft units with attached 1 car garages, central heat and air (2 units 2023 and 2 units 2016), individual laundry and back yards. New roof being installed (weather permitted). These units are very close to Colleges and other amenities in NE Redding and have been maintained immaculately.
Directions: North on Churn Creek, Right on Collier, left on Posey, left on Cally Ct. Units are on the right. Number is well displayed.
Unit Type
Four Plex: 1
Exterior
Stucco: 1
Parking
Garage: 1
Unit Description
2 Bedroom: 1
All Units Include
Air Conditioner: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Expense Data Source
Accountant: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
Conventional: 1
Owner Expenses
Insurance: 1
Insurance $ Amount: 2623
Management: 1
Management $ Amount: 2439
Real Estate Tax: 1
RE Tax $ Amount: 4342
Financial Info
Gross Income $: 47654.99
Operating Expenses $: 16621.5
Net Income $: 31033.49
Tenant Expenses
Cable: 1
Electric: 1
Existing Rntl Terms
Month to Month: 1
Deposit Held: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 2
Rent: 1085
Deposit: 1650
SqFt: 1000
Parking: one
Lease: No
Stories: one
Remarks: 12 years
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 2
Rent: 1085
Deposit: 1750
SqFt: 1000
Parking: one
Lease: No
Stories: one
Remarks: 10
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 2
Rent: 1085
Deposit: 1080
SqFt: 1000
Parking: one
Stories: one
Remarks: 7
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 2
Rent: 1200
Deposit: 1700
SqFt: 1000
Parking: one
Stories: one
Remarks: 4 months
Contract Information
Status: Closed
List Date: 2023-02-21
Sold Date: 2023-05-22
Under Contract Date: 2023-04-07
Sold Price: $720,000
Property Features
Unit Type: Four Plex
Exterior: Stucco
Parking: Garage
Unit Description: 2 Bedroom
All Units Include: Air Conditioner
Heating: Forced Air
Cooling: Central
Ownership: Seller
Owner Expenses: Insurance; Management; Real Estate Tax
Tenant Expenses: Cable; Electric
Existing Rntl Terms: Month to Month; Deposit Held
Expense Data Source: Accountant
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Conventional
IDX
Listing Office: Waterman Real Estate
Co Office Name: Waterman Real Estate
Co Listing Agent: Tom Brown
Last Updated: January - 09 - 2026
Information deemed reliable but not guaranteed.