100% occupied 6-plex for sale in northern Redding, CA with 2 remodeled units, below market rents, all new HVAC mini-splits in 2021, new roof in 2021, fresh coat of exterior paint, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $6,753.00/month ($81,036/year) and annual expenses coming in around $24,000/year (including a maintenance reserve), the property provides just over a 6.6% cap rate. All of the units are 2 bedrooms with 1 bath. Property owners had planned to remodel each unit as there was natural turnover, but only three units have come up since 2021 (units 7 & 8 are fully remodeled). All of the units are 2 bedrooms with 1 bath.
For sale
$859,000
130 Masonic Ave, Redding, CA 96003
12beds
6baths
--sqft
Est.:
Multi Family
Built in 1977
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
New roofRemodeled unitsNew hvac mini-splits
- 300 days
- on Zillow |
- 138 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: March 03, 2025 at 08:08am
Listed by:
Chris Haedrich,
Capital Rivers Commercial
Source: SMLS,MLS#: 24-2994

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 6
Features
- Has basement: No
Property
Parking
- Parking features: Off Street
Features
- Stories: 2
Lot
- Size: 8,276.4 Square Feet
- Dimensions: .19
Details
- Parcel number: 113410010000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1977
Community & HOA
Location
- Region: Redding
Financial & listing details
- Date on market: 3/3/2025
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