Log In/Sign Up
Your email has been sent.
1011 Burton Dr 4 Unit Apartment Building $1,050,000 ($262,500/Unit) 5.68% Cap Rate Redding, CA 96003
Investment Highlights
- Open Floor Plan
- Attached 2 Car Garages for each unit
- In Unit Laundry
- 2 Master Bedrooms each with ensuite bathrooms
Executive Summary
This property features four spacious 2-bed / 2.5-bath units with 1,100sq/ft of upscale living space. All open floor plan units feature kitchens with granite counter tops & stainless appliances, two master bedrooms with ensuite bathrooms and walk-in closets, convenient in-unit laundry, and a guest half bath on the main level. This property also features, two car garages along with off-street parking for each unit.
Financials:
Total Expenses $22,950.00
*Insurance $4,268.00
*Landscaping $1,800.00
*Utilities $4,282.00
*Taxes $12,600.00
Total Gross Rents $82,608.00
Financials:
Total Expenses $22,950.00
*Insurance $4,268.00
*Landscaping $1,800.00
*Utilities $4,282.00
*Taxes $12,600.00
Total Gross Rents $82,608.00
Financial Summary (Pro Forma - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$82,608
|
$18.77
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$82,608
|
$18.77
|
| Taxes |
$12,600
|
$2.86
|
| Operating Expenses |
$10,350
|
$2.35
|
| Total Expenses |
$22,950
|
$5.22
|
| Net Operating Income |
$59,658
|
$13.56
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income | |
|---|---|
| Annual | $82,608 |
| Annual Per SF | $18.77 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $82,608 |
| Annual Per SF | $18.77 |
| Taxes | |
|---|---|
| Annual | $12,600 |
| Annual Per SF | $2.86 |
| Operating Expenses | |
|---|---|
| Annual | $10,350 |
| Annual Per SF | $2.35 |
| Total Expenses | |
|---|---|
| Annual | $22,950 |
| Annual Per SF | $5.22 |
| Net Operating Income | |
|---|---|
| Annual | $59,658 |
| Annual Per SF | $13.56 |
Property Facts
| Price | $1,050,000 | Building Class | C |
| Price Per Unit | $262,500 | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 4,400 SF |
| Cap Rate | 5.68% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2013 |
| Property Subtype | Apartment | ||
| Zoning | RM-10 - Residential Multifamily | ||
| Price | $1,050,000 |
| Price Per Unit | $262,500 |
| Sale Type | Investment |
| Cap Rate | 5.68% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 4,400 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 2013 |
| Zoning | RM-10 - Residential Multifamily |
Amenities
Unit Amenities
- Washer/Dryer
- Granite Countertops
- Stainless Steel Appliances
- Walk-In Closets
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 071-370-015-000 | Total Assessment | $505,734 (2025) |
| Land Assessment | $43,956 (2025) | Annual Taxes | $12,600 ($2.86/SF) |
| Improvements Assessment | $461,778 (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
071-370-015-000
Land Assessment
$43,956 (2025)
Improvements Assessment
$461,778 (2025)
Total Assessment
$505,734 (2025)
Annual Taxes
$12,600 ($2.86/SF)
Tax Year
2026
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1011 Burton Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.