1447 &1451 Monroe Street, Red Bluff, CA 96080
$750,000
Property Type:
Residential Income
Status:
Active
Current Price:
$750,000
List Date:
8/27/2025
Last Modified:
9/08/2025
Description
Tenant safety is key in this 8- plex apartment complex set off the road behind an off-street parking lot and secured entry gate (with intercom system). This apartment complex is made up of (8) 1 bdrm, 1 bath units and is fully rented. Complex has coin operated laundry room,1 hole putting green, and a secured area for hosting BBQ complete with picnic benches, and drink cooler. More parking behind units in the alley. Also has a fenced area for RV parking (with hookups) and a shed/workshop for Owner's use. Each downstairs unit has its own yard and each upstairs unit has a balcony. Six of the 8 units have an electric fireplace for optional heat source. Owner pays water/sewer & garbage. Each bldg is on its own APN, so can be purchased using two separate & concurrent residential 1-4 loans (instead of commercial loan).
More Information MLS# 25-1164
Address Information
Street Number: 1447 &1451
Street Name: Monroe
Cross Street: Breckenridge
Street Suffix: Street
State/Province: CA
Postal Code: 96080
County: Tehama
Property Description
Current Price: $750,000
Type: Residential Income
Area: 74 - Central RB
List Price: 750000
Subdivision: N/A
Parcel Number: 029-185-001
Addl. Parcel Number: 029-123-008
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 1
Year Built: 1977
Year Built Desc: 30+
Remarks
Public Remarks: Tenant safety is key in this 8- plex apartment complex set off the road behind an off-street parking lot and secured entry gate (with intercom system). This apartment complex is made up of (8) 1 bdrm, 1 bath units and is fully rented. Complex has coin operated laundry room,1 hole putting green, and a secured area for hosting BBQ complete with picnic benches, and drink cooler. More parking behind units in the alley. Also has a fenced area for RV parking (with hookups) and a shed/workshop for Owner's use. Each downstairs unit has its own yard and each upstairs unit has a balcony. Six of the 8 units have an electric fireplace for optional heat source. Owner pays water/sewer & garbage. Each bldg is on its own APN, so can be purchased using two separate & concurrent residential 1-4 loans (instead of commercial loan).
Directions: From Downtown, Head north on Monroe St. Property is just past Breckenridge on the left. Sits back off the street. Parking lot in front.
Contract Information
Listing Contract Date: 2025-03-20
Status: Active
List Date: 2025-03-24
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: Yes
Owner Expenses
Electric $ Amount: 326
Garbage $ Amount: 189
Water $ Amount: 246
Unit 1
Unit #: 1
# Bedrooms: 1
# Baths: 1
Rent: 863
Deposit: 500
SqFt: 585
Unit 2
Unit #: 2
# Bedrooms: 1
# Baths: 1
SqFt: 585
Remarks: Owner lives in #2
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 687
Deposit: 400
SqFt: 585
Unit 4
Unit #: 4
# Bedrooms: 1
# Baths: 1
Rent: 797
Deposit: 450
SqFt: 585
Unit 5
Unit #: 5
# Bedrooms: 1
# Baths: 1
Rent: 863
SqFt: 585
Unit 6
Unit #: 6
# Bedrooms: 1
# Baths: 1
Rent: 880
Deposit: 500
SqFt: 585
Unit 7
Unit #: 7
Bed: 1
Bath: 1
Rent: 700
Deposit: 350
SqFt: 585
Unit 8
Unit #: 8
Bed: 1
Bath: 1
Rent: 300
SqFt: 585
Remarks: Relative Lives in #8
Property Features
Unit Type: 5 or More
Exterior: Wood
Parking: Not Assigned; Off Street
Unit Description: 1 Bedroom
All Units Include: Air Conditioner
Some Units Include: Fireplace
Cooling: Central
Miscellaneous: Laundry in Complex; Spa
Ownership: Seller
Owner Expenses: Electric; Garbage; Water
Existing Rntl Terms: Month to Month
Expense Data Source: Owner; Tax Return
Possession: Close of Escrow
Documents
Rents & Expenses ›Listing Office: Coldwell Banker Select Real Estate - Red Bluff
Last Updated: September - 08 - 2025
Information deemed reliable but not guaranteed.