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For sale
  • $859,000

    130 Masonic Ave, Redding, CA 96003

    12beds
    6baths
    --sqft
    : 
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    New roofRemodeled unitsNew hvac mini-splits
    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.
    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#: 24-2994MLS Logo
    Travel times

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    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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