0000 Confidential, Redding, CA 96003
$995,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$995,000
List Date:
3/10/2021
Last Modified:
8/31/2024
Description
Update:''Property sold consisted of 777/781/789 and 759 Lake as well as 853 July Way. 853 July Way is a multiplex not originally part of this listing. Total of 8 units between all buildings''. This offering consists of 4 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Additional units also available for a total of up to 212. Details will be provided upon providing preapproval and confidentiality agreement.
More Information MLS# 21-1025
Address Information
Street Number: 0000
Street Name: Confidential
Cross Street: Various
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $995,000
Type: Residential Income
Area: 01 - NW Redding
List Price: 1285000
Subdivision: N/A
Parcel Number: Various
Lot Dim or Acres: Varies
GP Zone: NOT AVAILABLE
Zoning: RED - RM - Multiple Family Districts
Stories: 1
Year Built Desc: Unknown
Remarks
Public Remarks: Update:''Property sold consisted of 777/781/789 and 759 Lake as well as 853 July Way. 853 July Way is a multiplex not originally part of this listing. Total of 8 units between all buildings''. This offering consists of 4 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Additional units also available for a total of up to 212. Details will be provided upon providing preapproval and confidentiality agreement.
Directions: Redding, CA
Contract Information
Status: Closed
List Date: 2021-03-09
Sold Date: 2021-07-23
Under Contract Date: 2021-04-27
Sold Price: $995,000
Existing Rntl Terms
Lease: 1
Financial Info
Complete Package: Yes
Unit 1
# Bedrooms: 2
# Baths: 1
Rent: 825
Unit 2
# Bedrooms: 2
# Baths: 1
Rent: 1200
Unit 3
# Bedrooms: 2
# Baths: 1
Rent: 825
Unit 4
# Bedrooms: 2
# Baths: 1
Rent: 1200
Property Features
Unit Type: Duplex
Sub Zoning: Conforming
Exterior: Other
Parking: Carport; Off Street; On Street
Unit Description: 2 Bedroom
Some Units Include: Air Conditioner; Cable; Patio
Ownership: Seller
Owner Expenses: Bldg/Grnds Mnt; Garbage; Insurance; Real Estate Tax
Tenant Expenses: Cable; Electric; Water
Existing Rntl Terms: Month to Month; Deposit Held
Expense Data Source: Owner
Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan
Possession: Arrange
Selling Terms: Cash
Listing Office: eXp Realty of California, Inc.
Co Office Name: eXp Realty of California, Inc.
Co Listing Agent: Ginne Mistal
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.