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 Suffix: Street Cross Street: Breckenridge Street Number: 1447 &1451 Street Name: Monroe State/Province: CA Postal Code: 96080 County: Tehama

Property Description

Type: Residential Income List Price: 750000 Parcel Number: 029-185-001 Addl. Parcel Number: 029-123-008 GP Zone: NOT AVAILABLE Zoning: NOT AVAILABLE Year Built Desc: 30+ Stories: 1 Current Price: $750,000 Area: 74 - Central RB Subdivision: N/A Year Built: 1977

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

Unit Type

5 or More: 1

Exterior

Wood: 1

Parking

Off Street: 1 Not Assigned: 1

Unit Description

1 Bedroom: 1

Miscellaneous

Laundry in Complex: 1 Spa: 1

All Units Include

Air Conditioner: 1

Some Units Include

Fireplace: 1

Ownership

Seller: 1

Cooling

Central: 1

Expense Data Source

Owner: 1 Tax Return: 1

Possession

Close of Escrow: 1

Owner Expenses

Electric: 1 Water: 1 Electric $ Amount: 326 Garbage: 1 Garbage $ Amount: 189 Water $ Amount: 246

Existing Rntl Terms

Month to Month: 1

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 Deposit: 0 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
Listing Office: Coldwell Banker Select Real Estate - Red Bluff
Last Updated: September - 08 - 2025
1447 &1451 Monroe Street, Red Bluff, CA 96080- MLS# 25-1164
Information deemed reliable but not guaranteed.

Compare listings

Compare