1383 Browning Street, Redding, CA 96003

$810,000
Property Type: Residential Income Status: Closed
Current Price: $810,000 List Date: 2/03/2025 Last Modified: 6/06/2025

Description

A premier multifamily investment opportunity in the heart of Redding. This meticulously maintained duplex, built in 2016, consists of two upscale residential townhouse style units, making it an ideal choice for investors seeking a low-risk, high-return addition to their portfolio. Currently fully occupied, the property guarantees a steady income stream, enhanced by its strategic location close to the thriving retail area of Redding.

Supplements: The duplex is located within a well-planned development, featuring 13 townhouse style two-story duplexes with attached two car garages. Each unit offers 3 bedrooms, 2.5 bathrooms, and a modern, open layout. Residents enjoy upscale interior improvements, including granite vanity tops, quartz kitchen counters, and stainless steel appliances, all within a peaceful, tree-lined neighborhood. With convenient access to city utilities, abundant guest parking, and close proximity to Redding's retail shopping area, 1838 Browning Street stands out as a smart, solid investment in a growing multifamily market.

More Information MLS# 24-3995

Address Information

Street Number: 1383 Street Name: Browning Cross Street: Old Alturas Road Street Suffix: Street State/Province: CA Postal Code: 96003 County: Shasta

Property Description

Current Price: $810,000 Type: Residential Income Area: 02 - NE Redding List Price: 837000 Subdivision: N/A Parcel Number: 071-490-012 Lot Dim or Acres: 9583 GP Zone: RED NC - Neighborhood Commercial Zoning: RED - C-1 - Neighborhood Commercial Dist Stories: 2 Year Built: 2016 Year Built Desc: 30+

Remarks

Public Remarks: A premier multifamily investment opportunity in the heart of Redding. This meticulously maintained duplex, built in 2016, consists of two upscale residential townhouse style units, making it an ideal choice for investors seeking a low-risk, high-return addition to their portfolio. Currently fully occupied, the property guarantees a steady income stream, enhanced by its strategic location close to the thriving retail area of Redding. Directions: Located within the Browning Point complex located at the corner of Browning St and Old Alturas Rd.

Contract Information

Listing Contract Date: 2024-09-16 Status: Closed List Date: 2024-09-16 Sold Date: 2025-03-07 Under Contract Date: 2025-02-06 Sold Price: $810,000

How to Show

LBX Notice in Doc's: Yes

Existing Rntl Terms

Lease: 2 Written Lease: Yes

Unit 1

Unit #: A # Bedrooms: 3 # Baths: 2.5 Rent: 2325 Deposit: 3300 SqFt: 2048 Parking: Garage Lease: 12-7-24

Unit 2

Unit #: B # Bedrooms: 3 # Baths: 2.5 Rent: 2400 Deposit: 3500 SqFt: 2048 Parking: Garage Lease: M-M

Property Features

Unit Type: Duplex Exterior: Stucco Parking: Garage; Off Street Unit Description: 3 + Bedroom All Units Include: Air Conditioner; Fireplace; Patio; Refrigerator; Washer/Dryer Hookups Heating: Forced Air Cooling: Central Ownership: Seller Existing Rntl Terms: Month to Month; Deposit Held Expense Data Source: Owner Available Terms: All Cash to Seller; Cash; Cash to New Loan Possession: Close of Escrow Selling Terms: Cash
Listing Office: Capital Rivers Commercial
Last Updated: June - 06 - 2025
1383 Browning Street, Redding, CA 96003- MLS# 24-3995
Information deemed reliable but not guaranteed.

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