Thoroughly renovated triplex in the heart of West Redding just 5 mins from both major hospitals. Currently generating $48,000 in annual gross income with unfurnished units and long-term tenants. Renovations include a new roof, new windows & mini-splits throughout, complete interior & exterior paint, as well as brand new nu-flo sewer lines from the units all the way to the street. Higher-end design features include: luxury vinyl plank floors, brand new Meek's cabinets, corian countertops, counter-to-ceiling tile backsplash, new stainless steel appliances, plus recessed lighting throughout.
Sold for $550,000 on 03/15/24
$550,000
1314 Olive Ave, Redding, CA 96001
4beds
3baths
--sqft
Multi Family
Built in 1950
-- sqft lot
$514,300 Zestimate®
$--/sqft
$1,378 Estimated rent
Home value
$514,300
$468,000 - $576,000
$1,378/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2024 at 07:05pm
Listed by:
Daniel Miller,
Upward Realty
Bought with:
Daniel Miller, DRE #01782607
Upward Realty
Source: SMLS,MLS#: 24-341
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Cooling
- Has cooling: Yes
Features
- Has basement: No
Property
Parking
- Parking features: Assigned, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 2
Details
- Parcel number: 105130005000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Redding
Other
Other facts
- Listing terms: Cash
- Ownership: Seller
Price history
| Date | Event | Price |
|---|---|---|
| 3/15/2024 | Sold | $550,000-8.2% |
Source:  SMLS #24-341 | ||
| 2/14/2024 | Pending sale | $599,000 |
Source: SMLS #24-341 | ||
| 1/19/2024 | Listed for sale | $599,000+299.3% |
Source: SMLS #24-341 | ||
| 8/24/2022 | Listing removed | -- |
Source: Zillow Rental Manager | ||
| 8/16/2022 | Listed for rent | $1,250 |
Source: Zillow Rental Manager | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,873 +249% | $561,000 +259.5% |
| 2024 | $1,683 +1.6% | $156,060 +2% |
| 2023 | $1,657 +1.7% | $153,000 +2% |
Find assessor info on the county website
Neighborhood: 96001
Nearby schools
GreatSchools rating
- 7/10Manzanita Elementary SchoolGrades: K-5Distance: 0.4 mi
- 5/10Sequoia Middle SchoolGrades: 4-8Distance: 1.3 mi
- 9/10Shasta High SchoolGrades: 9-12Distance: 0.4 mi
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