2115-2135 WALDON ST, Redding, CA 96001
$738,500
Property Type:
Residential Income
Status:
Closed
Current Price:
$738,500
List Date:
5/17/2016
Last Modified:
8/30/2024
Description
Charming setting, 14 attractive unit mix of 2 cottages, 4-2 bdrms, 5-1 bdrms, and 3 studios, including on site laundry (2 washers and 2 dryers-owned) picnic area; and off-street parking with 21 spaces for tenants/guests-all situated in an established well kept neighborhood. Property has been well maintained. Cap rate is 7.5%. See additional information under private remarks.
More Information MLS# 16-2425
Address Information
Street Number: 2115-2135
Street Name: WALDON ST
Cross Street: Gold St.
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
Current Price: $738,500
Type: Residential Income
Area: 01 - NW Redding
List Price: 788000
Subdivision: N/A
Parcel Number: 102-560-038-000
Lot Dim or Acres: 27,289
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Stories: 1
Year Built: 1993
Year Built Desc: 20-30 Years
Remarks
Public Remarks: Charming setting, 14 attractive unit mix of 2 cottages, 4-2 bdrms, 5-1 bdrms, and 3 studios, including on site laundry (2 washers and 2 dryers-owned) picnic area; and off-street parking with 21 spaces for tenants/guests-all situated in an established well kept neighborhood. Property has been well maintained. Cap rate is 7.5%. See additional information under private remarks.
Directions: From I5 N to Cypress
L on E Cypress
R on Pine Street
L on Lincoln
R on California
1rst L onto Gold
1rst L onto Waldon St.
Contract Information
Status: Closed
List Date: 2016-05-14
Sold Date: 2016-11-04
Under Contract Date: 2016-10-01
Sold Price: $738,500
Heating
Gas: Natural
Financial Info
Gross Income $: 91810
Net Income $: 59193
Cap Rate: 7.5
Unit 1
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 595
Unit 2
Unit #: 5
# Bedrooms: 1
# Baths: 1
Rent: 525
Unit 3
Unit #: 3
# Bedrooms: 1
# Baths: 1
Rent: 515
Remarks: studios
Unit 4
Unit #: 2
# Bedrooms: 1
Rent: 600
Remarks: cottages
Property Features
Unit Type: 5 or More
Sub Zoning: Conforming
Exterior: Stucco; Wood; Other
Parking: Off Street
Unit Description: 1 Bedroom; 2 Bedroom; Studio
All Units Include: Air Conditioner; Cable; Patio; Refrigerator
Some Units Include: Patio
Heating: Forced Air; Furnace Wall
Cooling: Central; Evaporative; Window
Miscellaneous: Lawn Sprinklers; Laundry in Complex; Smoke Detectors
Ownership: Seller
Owner Expenses: Account; Advertisement; Bldg/Grnds Mnt; Cable; Electric; Garbage; Gas; Insurance; Management; Real Estate Tax; Sewer; Vacancy; Water
Tenant Expenses: Cable; Electric; Gas
Existing Rntl Terms: Month to Month; Deposit Held
Available Terms: 1031 Required; All Cash to Seller; Cash
Possession: Close of Escrow
Photo: On File; Agent Upload
Selling Terms: Conventional
Documents: Lead Based Paint
Listing Office: REDDING COMMERCIAL INVESTMENTS
Last Updated: August - 30 - 2024
Information deemed reliable but not guaranteed.