1253 Brandon Court, Redding, CA 96003

$1,345,000
Property Type: Residential Income Status: Closed
Current Price: $1,345,000 List Date: 2/28/2025 Last Modified: 8/20/2025

Description

Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainment—making it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential!

More Information MLS# 24-4656

Address Information

Street Number: 1253 Street Name: Brandon Cross Street: Lancers Street Suffix: Court State/Province: CA Postal Code: 96003 County: Shasta

Property Description

Current Price: $1,345,000 Type: Residential Income Area: 02 - NE Redding List Price: 1500000 Subdivision: N/A Parcel Number: 071-340-004 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Stories: 2 Year Built Desc: 30+

Remarks

Public Remarks: Discover an exceptional investment opportunity with this well-maintained 11-unit complex, complete with single-car attached garages for tenant convenience. Centrally located, it's just minutes from shopping, dining, and entertainment—making it an ideal rental property with high tenant demand. Currently generating an annual gross scheduled income of $139,860, the property offers further income potential with fair market rents projected to raise annual income to an estimated $171,600. With a strong rental history, low vacancy rates, and excellent prospects for long-term appreciation in a thriving area, this property is a solid addition to any portfolio. Opportunities like this are rare, so act fast to secure steady cash flow and growth potential! Directions: Churn Creek to East on Lancers. Right on Brandon Units are located at the end.

Contract Information

Listing Contract Date: 2024-10-30 Status: Closed List Date: 2024-10-31 Sold Date: 2025-05-21 Under Contract Date: 2025-03-04 Sold Price: $1,345,000

Parking

# Spaces Garage: 11

Unit 1

Unit #: A # Bedrooms: 2 # Baths: 1.5 Rent: 1325 SqFt: 900 Parking: 1CAG

Unit 2

Unit #: B # Bedrooms: 2 # Baths: 1.5 Rent: 1070 SqFt: 900 Parking: 1CAG

Unit 3

Unit #: C # Bedrooms: 2 # Baths: 1.5 Rent: 1235 SqFt: 800 Parking: 1CAG

Unit 4

Unit #: D # Bedrooms: 2 # Baths: 1.5 Rent: 1060 SqFt: 800 Parking: 1CAG

Unit 5

Unit #: E # Bedrooms: 2 # Baths: 1.5 Rent: 1060 SqFt: 800 Parking: 1CAG

Unit 6

Unit #: F # Bedrooms: 2 # Baths: 1.5 Rent: 1040 SqFt: 900 Parking: 1CAG

Unit 7

Unit #: G Bed: 2 Bath: 1.5 Rent: 1069 SqFt: 900 Parking: 1CAG

Unit 8

Unit #: H Bed: 2 Bath: 1.5 Rent: 1092 SqFt: 800 Parking: 1CAG

Property Features

Unit Type: 5 or More Selling Terms: Conventional
Listing Office: Josh Barker Real Estate
Last Updated: August - 20 - 2025
1253 Brandon Court, Redding, CA 96003- MLS# 24-4656
Information deemed reliable but not guaranteed.

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