High-Cash-Flow 9-Unit Apartment Complex in Anderson, CA - 8.75%+ CAP Rate! This well-maintained 9-unit multifamily property in Anderson, CA, is a prime investment opportunity with an annual gross income of over $113,000 and a Profoma CAP rate exceeding 10.39% in as little as 2 years. The complex consists of eight 2-bedroom, 1-bath units, each featuring indoor laundry and private backyards, plus a spacious 3-bedroom, 1-bath unit. With plenty of room for upside potential on rents, this property offers an excellent opportunity for investors seeking strong cash flow and long-term appreciation. Conveniently located near local amenities and freeway access, this is a low-maintenance, high-performing asset that won't last long.
Sold for $865,000
$865,000
2980 Stingy Ln, Anderson, CA 96007
--beds
--baths
--sqft
Multi Family
Built in 1964
-- sqft lot
$847,600 Zestimate®
$--/sqft
$1,571 Estimated rent
Home value
$847,600
$763,000 - $949,000
$1,571/mo
Zestimate® history
Owner options
List your home for rent
$1,571/mo
Rent Zestimate®
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$1,571/mo
Rent Zestimate®
Refinance and save
$5,345/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$5,345/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#: 25-634
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: Off Street
- Has carport: Yes
Features
- Stories: 1
Details
- Parcel number: 201510025000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1964
Community & neighborhood
Location
- Region: Anderson
Other
Other facts
- Listing terms: Cash
- Ownership: Seller
Price history
| Date | Event | Price |
|---|---|---|
| 10/17/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/24/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 7/31/2025 | Sold | $865,000-12.2% |
Source:  SMLS #25-634 Report a problem | ||
| 5/27/2025 | Pending sale | $985,000 |
Source: SMLS #25-634 Report a problem | ||
| 5/7/2025 | Price change | $985,000-10.5% |
Source: SMLS #25-634 Report a problem | ||
| 4/9/2025 | Price change | $1,100,000-4.3% |
Source: SMLS #25-634 Report a problem | ||
| 2/17/2025 | Listed for sale | $1,150,000 |
Source: SMLS #25-634 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 96007
Nearby schools
GreatSchools rating
- 4/10Meadow Lane Elementary SchoolGrades: K-5Distance: 0.3 mi
- 4/10Anderson Middle SchoolGrades: 6-8Distance: 1.3 mi
- 7/10Anderson High SchoolGrades: 9-12Distance: 1.4 mi
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$847,600
2% more
+$16,952
With Zillow Showcase(estimated)
$864,552
- California
- Shasta County
- Anderson
- 96007
- 2980 Stingy Ln
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