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Off market
  • $657,600

    1903 Grace Ave, Redding, CA 96001

    --beds
    --baths
    --sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $657,600 Zestimate®
    $--/sqft
    $1,551 Estimated rent

    Home value

    $657,600

    $612,000 - $697,000

    $1,551/mo

    Zestimate® history
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    What's special

    Fresh new paintNew carpetHvac systemsIndoor private laundryNew roofsNew guttersNew lvp flooring throughout

    Are you looking for a fully renovated investment property? Look no further! This 4 PLEX features two buildings both with new roofs, new gutters, most all the windows have been replaced, completely new kitchens & bathrooms with upgraded cabinets, granite countertops, & new appliances. All new electrical wiring & panels have been installed, along with all new plumbing. All the HVAC systems are new along with all new ducting. The interiors feature new LVP flooring throughout, except for new carpet on the stairs. Each unit has indoor private laundry, PLUS all have new sheetrock, new doors & fresh new paint inside & out. With a Gross annual income over $59,000 & CAP Rate at 6.57% This is an excellent investment opportunity for anyone looking for a TURN-KEY investment!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Kerley 530-242-4114,

    Realty 110, Inc.

    Bought with:

    Taylor A Carter, DRE #02105535

    Shasta Sotheby's International Realty

    Source: SMLS,MLS#: 23-1455MLS Logo

    Facts & features

    Interior

    Cooling
    • Has cooling: Yes
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Assigned, Off Street
    Features
    • Stories: 1
    Lot
    • Size: 7,861 Square Feet
    • Dimensions: 7,861
    Details
    • Parcel number: 105620041000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Stucco
    Condition
    • Year built: 1948

    Community & HOA

    Location
    • Region: Redding

    Financial & listing details

    • Tax assessed value: $686,664
    • Annual tax amount: $7,226
    • Date on market: 4/24/2023
    • Listing terms: 1031 Exchange,Cash,Subj to Inspection

    Price history

    DateEventPrice
    6/26/2023Sold$660,000-1.3%
    Source: SMLS #23-1455 Report a problem
    5/17/2023Price change$669,000-4.3%
    Source: SMLS #23-1455 Report a problem
    4/24/2023Listed for sale$699,000+185.3%
    Source: SMLS #23-1455 Report a problem
    2/11/2022Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    1/6/2022Listed for rent$1,395+5.3%
    Source: Zillow Rental Network Premium Report a problem
    2/23/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    2/13/2021Listed for rent$1,325
    Source: Zillow Rental Network Premium Report a problem
    8/30/2019Sold$245,000-15.5%
    Source: SMLS #19-4684 Report a problem
    8/29/2019Listed for sale$289,900+9.8%
    Source: VENTURE PROPERTIES #19-4684 Report a problem
    3/12/2004Sold$264,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,226 +1.4%$686,664 +2%
    2024$7,124 +30.9%$673,200 +32.1%
    2023$5,442 +1.7%$509,796 +2%
    2022$5,350 +95.6%$499,800 +101.9%
    2021$2,736 -1.2%$247,537 +1%
    2020$2,770 +0.4%$245,000 -3.9%
    2019$2,758 +4%$255,000 +7.1%
    2018$2,652 +6.5%$238,000 +8.2%
    2017$2,491 +6%$220,000 +4.8%
    2016$2,350 -0.2%$210,000
    2015$2,355 $210,000
    Find assessor info on the county website

    Neighborhood: 96001

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.

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    $657,600
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    +$13,152
    With Zillow Showcase(estimated)
    $670,752