1105 Olive St, Redding, CA 96001
$485,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$485,000
List Date:
12/04/2019
Last Modified:
8/31/2024
Description
This property has enjoyed continuous occupancy for nearly 10 years. Flat rents (way below market) for many, many years. Each unit has 2-bedrooms, 1.5 baths with 2-car garage and a front porch. Washer and dryer hook-ups for each unit. New roof about 5-6 years ago. Sale includes a 2,500 SF medical office building that can be rented for additional income or occupied for your own business.
More Information MLS# 19-6135
Address Information
Cross Street: Olive
Street Number: 1105
Street Name: Olive St
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Type: Residential Income
List Price: 525000
Parcel Number: 105-030-017
Lot Dim or Acres: .22
GP Zone: RED GC - General Commercial
Zoning: RED - R-3 - Multiple Family Res Dist
Year Built Desc: 01-05 Years
Stories: 1
Current Price: $485,000
Area: 01 - NW Redding
Subdivision: N/A
Remarks
Public Remarks: This property has enjoyed continuous occupancy for nearly 10 years. Flat rents (way below market) for many, many years. Each unit has 2-bedrooms, 1.5 baths with 2-car garage and a front porch. Washer and dryer hook-ups for each unit. New roof about 5-6 years ago. Sale includes a 2,500 SF medical office building that can be rented for additional income or occupied for your own business.
Directions: Eureka Way (Hwy 299) west, left on Olive, Triplex and office building on the left.
Unit Type
Triplex: 1
Sub Zoning
Commercial: 1
Exterior
Other: 1
Parking
Garage: 1
Not Assigned: 1
Unit Description
2 Bedroom: 1
All Units Include
Air Conditioner: 1
Cable: 1
Refrigerator: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Available Terms
All Cash to Seller: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Selling Terms
New Loan: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 1
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 1
Contract Information
Status: Closed
List Date: 2019-11-26
Sold Date: 2021-01-14
Under Contract Date: 2020-08-05
Sold Price: $485,000
Property Features
Unit Type: Triplex
Sub Zoning: Commercial
Exterior: Other
Parking: Garage; Not Assigned
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Cable; Refrigerator; Washer/Dryer Hookups
Ownership: Seller
Available Terms: All Cash to Seller
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: New Loan
Listing Office: Northstate Commercial Partners
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.