4 Plex in Downtown Needs TLC but Has Huge Potential! This 4 plex is located in the heart of downtown and is just steps away from all the attractions Redding has to offer. Unit #3 is a 2 Bedroom 1.5 Bath displayed in the photos, which has been updated and is rent ready. Units 1, 2 & 4 need TLC, all the units are spacious and have good bones, they just need some updating to bring them up to date & maximize their rental value. With some work & vision, you could turn this property into a profitable rental with 4 streams of income. Or, you could renovate & sell for a profit. Either way, this is a great opportunity to get into the real estate investment market in an up and coming location.
Sold for $370,000 on 08/16/24
$370,000
1604 Willis St, Redding, CA 96001
7beds
4baths
--sqft
Multi Family
Built in 1972
-- sqft lot
$439,100 Zestimate®
$--/sqft
$1,669 Estimated rent
Home value
$439,100
$391,000 - $492,000
$1,669/mo
Zestimate® history
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Owner options
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What's special
Zillow last checked: 8 hours ago
Listing updated: August 30, 2024 at 07:05pm
Listed by:
Nick Kerley,
Realty 110, Inc.,
Kimberly A Moore,
Realty 110, Inc.
Bought with:
Dustin Foster, DRE #1709563
Relevant Real Estate
Source: SMLS,MLS#: 24-895
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Features
- Has basement: No
Property
Parking
- Parking features: Assigned, Off Street, On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 0.26 Acres
- Dimensions: 11,346
Details
- Parcel number: 105330016000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1972
Community & neighborhood
Location
- Region: Redding
Price history
| Date | Event | Price |
|---|---|---|
| 8/16/2024 | Sold | $370,000-1.3% |
Source:  SMLS #24-895 | ||
| 4/2/2024 | Pending sale | $374,900 |
Source: SMLS #24-895 | ||
| 3/15/2024 | Contingent | $374,900 |
Source: SMLS #24-895 | ||
| 3/6/2024 | Listed for sale | $374,900-6% |
Source: SMLS #24-895 | ||
| 3/3/2024 | Listing removed | $399,000 |
Source: SMLS #23-3538 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,903 +131.9% | $370,000 +138.6% |
| 2024 | $1,683 +1.5% | $155,089 +2% |
| 2023 | $1,657 +1.7% | $152,049 +2% |
Find assessor info on the county website
Neighborhood: 96001
Nearby schools
GreatSchools rating
- 5/10Sequoia Middle SchoolGrades: 4-8Distance: 1 mi
- 9/10Shasta High SchoolGrades: 9-12Distance: 0.8 mi
- 3/10Cypress Elementary SchoolGrades: K-5Distance: 1.1 mi
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