Sold for $800,000 on 08/04/23
$800,000
2124 Branstetter Ln, Redding, CA 96001
--beds
--baths
--sqft
Multi Family
Built in ----
-- sqft lot
$734,200 Zestimate®
$--/sqft
$1,553 Estimated rent
Home value
$734,200
$587,000 - $925,000
$1,553/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Prime Investment Opportunity! a well maintained 7-unit apartment building in Redding. Each spacious unit boasts 2 bedrooms, 1 bath, and central HVAC, and each unit comes with a convenient 1-car attached garage. With a excellent gross income of over $75,000 per year with a 6.18% CAP rate, this property provides a lucrative return on investment. PLUS there's upside potential with ample room for rent increases in the coming years, which can increase profits without the need of adding more capital investment. Whether you're a seasoned investor or just starting your real estate journey, this opportunity is not to be missed. Seize the chance to secure a prosperous future.
Zillow last checked: 8 hours ago
Listing updated: August 30, 2024 at 07:05pm
Listed by:
Nick Kerley,
Realty 110, Inc.
Bought with:
Eric R Huber, DRE #01523116
Property Upsurge, Inc.
Source: SMLS,MLS#: 23-2238
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: Off Street
Features
- Stories: 1
Lot
- Size: 0.64 Acres
- Dimensions: 27,878
Details
- Parcel number: 049120021000
- Special conditions: Conservatorship
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 8/4/2023 | Sold | $800,000+0.1% |
Source: | ||
| 6/9/2023 | Listed for sale | $799,000+26.4% |
Source: | ||
| 7/26/2016 | Sold | $632,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Neighborhood: 96001
Nearby schools
GreatSchools rating
- 6/10Sycamore Elementary SchoolGrades: K-5Distance: 0.8 mi
- 5/10Sequoia Middle SchoolGrades: 4-8Distance: 3.3 mi
- 9/10Shasta High SchoolGrades: 9-12Distance: 3.8 mi

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