*Seller-Financing. Excellent opportunity for an investor looking for rental upside on a beautiful apartment complex along the Sacramento River.725-735 Lakeside Drive, Red Bluff features all (9) 3 Bedroom & 2 Bathroom units and (3) Bedroom & 1 Bathroom with spacious layouts between 900 to 1,000 SF, along with two balconies per apartment. The units are laid out perfectly for families or roommates to share the common areas yet still have privacy within their standalone bedrooms. Each bedroom boasts tons of natural lighting through the dual pane windows and sliding glass door leading to their balcony. The kitchens have an open concept and are equipped with appliances which include refrigerator, dishwashers, disposals, and microwave. The units feature durable premium laminate flooring, dual pane windows, central HVAC, and Washer/Dryer hook-ups with select units having stackable W/D. (6) units have washer and dryer stackable units, the remaining (6) have hookups for resident owned machines. Each apartment features central HVAC along with being separately metered for electric and gas. There's also a large onsite parking lot which was also resealed. At the moment, 9 out of 12 units are rented, making $10,050 per month (June 2025).One more unit will be rented by July at market rate
Active
Price cut: $400K (7/19)
$2,100,000
735-725 Lakeside Dr, Red Bluff, CA 96080
36beds
--sqft
Est.:
5 or More Units
Built in 2010
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 54 days
- on Zillow |
- 249 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: July 18, 2025 at 06:05pm
Listed by:
DRE #01431059 916-303-0133,
PCG Commercial, Inc
Source: MetroList Services of CA,MLS#: 225080406Originating MLS: MetroList Services, Inc.
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 36
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Gas Cooktop, Gas Water Heater, Dishwasher, Disposal
Features
- Flooring: Laminate, Vinyl
- Has fireplace: No
Property
Parking
- Total spaces: 12
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.69 Acres
Details
- Parcel number: 041031031000
- Zoning description: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 or More Units
Materials
- Vinyl Siding, Wood Siding
- Roof: Composition
Condition
- Year built: 2010
Community & HOA
Location
- Region: Red Bluff
Financial & listing details
- Price range: $2.1M - $2.1M
- Date on market: 6/16/2025
- Tenant pays: Electricity, Gas
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