0000 Confidential, Redding, CA 96003 (MLS# 21-1019)

$2,635,000

0000 Confidential
Redding, CA 96003
MLS# 21-1019
Status: Closed

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Property Description
This offering consists of 6 multiplexes totaling 31 units located within an opportunity zone. Profitable cash flow with upside potential on rents. Additional units also available for a total of up to 213. Details will be provided upon providing preapproval and confidentiality agreement.

Details

Address Information

Street Number: 0000

Street Name: Confidential

Cross Street: Various

State/Province: CA

Postal Code: 96003

County: Shasta

Property Description

Current Price: $2,635,000

Type: Residential Income

Area: 01 - NW Redding

List Price: 2950000

Subdivision: N/A

Parcel Number: Various

Lot Dim or Acres: Varies

GP Zone: NOT AVAILABLE

Zoning: RED - RM - Multiple Family Districts

Stories: 2

Year Built Desc: Unknown

Remarks

Directions: Redding, CA

Contract Information

Status: Closed

List Date: 2021-03-09

Sold Date: 2021-06-08

Under Contract Date: 2021-03-22

Sold Price: $2,635,000

Commission SO: 2.5

Commission SO Type: %

Existing Rntl Terms

Lease: 1

Financial Info

Complete Package: Yes

Property Features

Unit Type: 5 or More; Complex; Four Plex

Sub Zoning: Conforming

Exterior: Other

Parking: Assigned; Off Street; On Street

Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom

Some Units Include: Air Conditioner; Balcony/Deck; Cable; Patio

Ownership: Seller

Owner Expenses: Bldg/Grnds Mnt; Garbage; Insurance; Real Estate Tax

Tenant Expenses: Cable; Electric; Water

Existing Rntl Terms: Month to Month; Deposit Held

Expense Data Source: Owner

Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan

Possession: Arrange

Selling Terms: Conventional

Listing Office: eXp Realty of California, Inc.

Co Office Name: eXp Realty of California, Inc.

Co Listing Agent: Ginne Mistal

Last Updated: February - 07 - 2024

0000 Confidential, Redding, CA 96003 - MLS# 21-1019

The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.