1969 8th St Redding, CA 96001
Lakeview NeighborhoodAbout This Home
As of December 2024Calling 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.
Last Buyer's Agent
NON MEMBER
Non Member
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1980
Parking
- Off-Street Parking
Listing and Financial Details
- Assessor Parcel Number 103-130-044-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
12/26/2024 12/26/24 | Sold | $750,000 | -3.8% | -- |
11/06/2024 11/06/24 | Pending | -- | -- | -- |
10/31/2024 10/31/24 | Price Changed | $780,000 | -1.1% | -- |
10/24/2024 10/24/24 | Price Changed | $789,000 | -0.6% | -- |
10/17/2024 10/17/24 | Price Changed | $794,000 | -0.6% | -- |
08/13/2024 08/13/24 | Price Changed | $799,000 | -5.9% | -- |
07/11/2024 07/11/24 | Price Changed | $849,000 | -2.3% | -- |
06/20/2024 06/20/24 | Price Changed | $869,000 | -3.3% | -- |
05/20/2024 05/20/24 | Price Changed | $899,000 | -5.4% | -- |
04/16/2024 04/16/24 | For Sale | $950,000 | -- | -- |
Source: Shasta Association of REALTORS®
MLS Number: 24-1588

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