1112 Burton Dr, Redding, CA 96003
$875,000
Property Type:
Residential Income
Status:
Closed
Current Price:
$875,000
List Date:
6/19/2024
Last Modified:
4/22/2025
Description
This 4-Plex represents an exceptional investment in a highly sought-after location, offering three 1190 sqft & one 1287 sqft units, each with 2 bedrooms, 1.5 baths, indoor laundry facilities, and attached garages. The property has been impeccably managed and maintained, ensuring a lucrative opportunity for the new owner. The property enjoys proximity to schools, shopping centers, transportation, and churches, making it highly desirable for tenants seeking convenience and accessibility. Overall, this 4Plex represents an exceptional investment in a highly sought-after location.
More Information MLS# 24-2712
Address Information
Street Number: 1112
Street Name: Burton Dr
Cross Street: Lancers
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Current Price: $875,000
Type: Residential Income
Area: 02 - NE Redding
List Price: 899000
Subdivision: N/A
Parcel Number: 071-340-037-000
Lot Dim or Acres: 12,196
GP Zone: RED 10-20 u/a - 10-20 dwelling units per acre
Zoning: RED - RM - Multiple Family Districts
Stories: 2
Year Built: 1987
Year Built Desc: 30+
Remarks
Public Remarks: This 4-Plex represents an exceptional investment in a highly sought-after location, offering three 1190 sqft & one 1287 sqft units, each with 2 bedrooms, 1.5 baths, indoor laundry facilities, and attached garages. The property has been impeccably managed and maintained, ensuring a lucrative opportunity for the new owner. The property enjoys proximity to schools, shopping centers, transportation, and churches, making it highly desirable for tenants seeking convenience and accessibility. Overall, this 4Plex represents an exceptional investment in a highly sought-after location.
Directions: From Churn Creek Road head north past Old Alturas Rd to Right on Lancers to Left on Burton
Contract Information
Listing Contract Date: 2024-06-18
Status: Closed
List Date: 2024-06-19
Sold Date: 2024-09-20
Under Contract Date: 2024-07-07
Sold Price: $875,000
Parking
# Spaces Garage: 4
Heating
Gas: Natural
Unit 1
Unit #: A
# Bedrooms: 2
# Baths: 1.5
Rent: 1298
Deposit: 1600
SqFt: 1190
Parking: Garage
Stories: 2
Unit 2
Unit #: B
# Bedrooms: 2
# Baths: 1.5
Rent: 1400
Deposit: 1600
SqFt: 1190
Stories: 2
Unit 3
Unit #: C
# Bedrooms: 2
# Baths: 1.5
Rent: 1450
Deposit: 1650
SqFt: 1287
Parking: Garage
Stories: 2
Unit 4
Unit #: D
# Bedrooms: 2
Rent: 1400
Deposit: 1200
SqFt: 1190
Parking: Garage
Stories: 2
Property Features
Unit Type: Four Plex
Sub Zoning: Conforming
Exterior: Stucco
Parking: Garage; Guest; Off Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Balcony/Deck; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Smoke Detectors
Ownership: Seller
Tenant Expenses: Cable; Electric; Garbage; Gas
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required; Cash to New Loan
Possession: Close of Escrow
Photo: Agent Upload
Selling Terms: Conventional
Listing Office: Coldwell Banker C&C Properties
Last Updated: April - 22 - 2025
Information deemed reliable but not guaranteed.