Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.
Sold for $750,000
$750,000
1969 8th St, Redding, CA 96001
--beds
--baths
--sqft
Multi Family
Built in 1980
-- sqft lot
$723,300 Zestimate®
$--/sqft
$1,861 Estimated rent
Home value
$723,300
$644,000 - $817,000
$1,861/mo
Zestimate® history
Owner options
List your home for rent
$1,861/mo
Rent Zestimate®
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$1,861/mo
Rent Zestimate®
Refinance and save
$4,772/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,772/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Nick Kerley 530-242-4114,
Realty 110, Inc.,
Kimberly A Moore 530-355-2538,
Realty 110, Inc.
Bought with:
NON MEMBER
Non Member
Source: SMLS,MLS#: 24-1588
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Lot
- Size: 0.28 Acres
- Dimensions: 12,197
Details
- Parcel number: 103130044000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1980
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 12/26/2024 | Sold | $750,000-3.8% |
Source:  SMLS #24-1588 Report a problem | ||
| 11/7/2024 | Pending sale | $780,000 |
Source: SMLS #24-1588 Report a problem | ||
| 10/31/2024 | Price change | $780,000-1.1% |
Source: SMLS #24-1588 Report a problem | ||
| 10/24/2024 | Price change | $789,000-0.6% |
Source: SMLS #24-1588 Report a problem | ||
| 10/17/2024 | Price change | $794,000-0.6% |
Source: SMLS #24-1588 Report a problem | ||
| 8/13/2024 | Price change | $799,000-5.9% |
Source: SMLS #24-1588 Report a problem | ||
| 7/11/2024 | Price change | $849,000-2.3% |
Source: SMLS #24-1588 Report a problem | ||
| 6/20/2024 | Price change | $869,000-3.3% |
Source: SMLS #24-1588 Report a problem | ||
| 5/20/2024 | Price change | $899,000-5.4% |
Source: SMLS #24-1588 Report a problem | ||
| 4/16/2024 | Listed for sale | $950,000 |
Source: SMLS #24-1588 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 96001
Nearby schools
GreatSchools rating
- 4/10Manzanita Elementary SchoolGrades: K-5Distance: 0.7 mi
- 5/10Sequoia Middle SchoolGrades: 4-8Distance: 1.3 mi
- 9/10Shasta High SchoolGrades: 9-12Distance: 0.3 mi
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Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$723,300
2% more
+$14,466
With Zillow Showcase(estimated)
$737,766
- California
- Shasta County
- Redding
- 96001
- 1969 8th St
Nearby cities
Nearby neighborhoods
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Other Redding Topics
