1369 Spruce St | Redding, CA 96001
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- LoopNet Team
1369 Spruce St
Redding, CA 96001
Villa Apartments · Multifamily Property For Sale
·
11 Units
INVESTMENT HIGHLIGHTS
- Diverse Unit Mix: Three-Unit Building With 2-1Bds and 1 Studio, A Fourplex With 4 Studios, And Four Individual Private Cottages, 3-1BDs & 1-2BD
- On-Site Laundry: Attractive Amenity For Residents & Additional Income For Owner
- Prime Location: Located On A 0.41-Acre Lot, Offering A Private Community Feel
- Additional Income: Includes 4 One-Car Garages For Added Rental Income
- Strong Rental Demand: Attractive To A Variety Of Tenants, Providing Steady Cash Flow Potential
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 4,435 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | B | Year Built | 1968 |
| Zoning | LDR | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.41 AC |
| Building Size | 4,435 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 1968 |
| Zoning | LDR |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 5 | $775.00 | 275 - 400 |
| 1+1 | 5 | $965.00 | 400 |
| 2+1 | 1 | $779.00 | 500 |
PROPERTY TAXES
| Parcel Number | 104-010-009-000 | Improvements Assessment | $471,623 |
| Land Assessment | $126,698 | Total Assessment | $598,321 |
PROPERTY TAXES
Parcel Number
104-010-009-000
Land Assessment
$126,698
Improvements Assessment
$471,623
Total Assessment
$598,321
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