1870 Sonoma St, Redding, CA 96001
$737,500
Property Type:
Residential Income
Status:
Closed
Current Price:
$737,500
List Date:
4/25/2019
Last Modified:
8/31/2024
Description
Great investment opportunity! 8 PLEX in a great location near hospitals. This is a very nice looking, clean complex. Four 2-bedroom units & four 1-bedroom units. All units have laundry rooms. Some with garages and some with carports. Units have been well cared for.
Rents have considerable upside.
More Information MLS# 19-2098
Address Information
Street Number: 1870
Street Name: Sonoma St
Cross Street: Court
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $737,500
Type: Residential Income
Area: 01 - NW Redding
List Price: 799000
Subdivision: N/A
Parcel Number: 104-180-029
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 1
Year Built: 1974
Year Built Desc: 30+
Remarks
Public Remarks: Great investment opportunity! 8 PLEX in a great location near hospitals. This is a very nice looking, clean complex. Four 2-bedroom units & four 1-bedroom units. All units have laundry rooms. Some with garages and some with carports. Units have been well cared for.
Rents have considerable upside.
Directions: Placer to Court to Sonoma to the corner of Sonoma/West/Terrace (Sonoma Terrace Apts.)
Contract Information
Status: Closed
List Date: 2019-04-25
Sold Date: 2019-12-06
Under Contract Date: 2019-10-04
Sold Price: $737,500
Financial Info
Gross Income $: 66042
Unit 1
Unit #: 1
# Bedrooms: 1
# Baths: 1
Rent: 699
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1
Rent: 795
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 699
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 795
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 1
Rent: 785
Remarks: HUD
Unit 6
Unit #: 6
# Bedrooms: 1
# Baths: 1
Rent: 625
Remarks: HUD
Unit 7
Unit #: 7
Bed: 2
Bath: 1
Rent: 715
Unit 8
Unit #: 8
Bed: 1
Bath: 1
Rent: 699
Property Features
Unit Type: 5 or More
Parking: Assigned; Carport; Garage; Off Street; On Street
Unit Description: 1 Bedroom; 2 Bedroom
All Units Include: Air Conditioner; Washer/Dryer Hookups
Heating: Baseboard
Cooling: Window
Miscellaneous: Smoke Detectors
Ownership: Seller
Existing Rntl Terms: Month to Month
Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Selling Terms: New Loan
Listing Office: Venture Properties
Last Updated: August - 31 - 2024
Information deemed reliable but not guaranteed.