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1091 Del Sol Pl - Turn-Key 4 Plex 1091 Del Sol Pl 4 Unit Apartment Building $600,000 ($150,000/Unit) 4.97% Cap Rate Redding, CA 96002

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INVESTMENT HIGHLIGHTS

  • New Roof
  • Great Location
  • New Exterior Paint

EXECUTIVE SUMMARY

Turn-key 4-plex in central Redding great opportunity for a low-maintenance hold with immediate value-add upside. Each townhouse-style unit offers 2 bedrooms, 1.5 baths, roughly 950± sq ft, efficient central heating & air, a dedicated garage, and a small private yard space that keeps vacancies low. Pride of ownership shows throughout: complete update and upgrade to Unit 2 plus new roof, fresh exterior paint, and seamless gutters were all completed in 2024, minimizing near-term CapEx. Current rents present significant room to grow with modest improvements, and the on-site coin-operated laundry adds dependable ancillary income. Well-located near shopping, schools, and commuter routes, this property hits the fundamentals—solid bones, strong tenant appeal, and multiple income levers. A rare chance to step into a clean, well-maintained asset with clear pathways to higher returns in a supply-constrained market.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Gross Rental Income $45,540 $11.39
Other Income - -
Vacancy Loss - -
Effective Gross Income $45,540 $11.39
Taxes - -
Operating Expenses - -
Total Expenses $15,740 $3.94
Net Operating Income $29,800 $7.45

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income
Annual $45,540
Annual Per SF $11.39
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $45,540
Annual Per SF $11.39
Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $15,740
Annual Per SF $3.94
Net Operating Income
Annual $29,800
Annual Per SF $7.45

PROPERTY FACTS

Price $600,000
Price Per Unit $150,000
Sale Type Investment
Cap Rate 4.97%
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Townhome
Building Class B
Lot Size 0.23 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1975/2024
Parking Ratio 1/1,000 SF
Opportunity Zone Yes
Zoning RM-15 - Multiple family

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Heating
  • Ceiling Fans
  • Kitchen
  • High Speed Internet Access
  • Oven
  • Range
  • Family Room
  • Patio
  • Smoke Free
  • Vinyl Flooring

SITE AMENITIES

  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1.5 4 - 950

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
068-410-015-000
Land Assessment
$38,413 (2025)
Improvements Assessment
$153,688 (2025)
Total Assessment
$192,101 (2025)
  • Listing ID: 38268702

  • Date on Market: 10/30/2025

  • Last Updated:

  • Address: 1091 Del Sol Pl, Redding, CA 96002

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