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2139-2159 California St
Redding, CA 96001
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Twelve-unit multifamily property with staggered lease expirations, reducing exposure to large vacancy events.
- Well-maintained asset with renovations completed in 2019, limiting near-term capital expenditure risk.
- Desirable amenities including mini-split HVAC systems, LVP flooring, onsite laundry, and dedicated parking per unit.
- Strong occupancy history supported by long-term tenants and proximity to Mercy Medical Center.
- Unit mix of studios and one-bedroom units averaging approximately 400 SF, catering to workforce housing demand.
- RM-9 zoning allows for medium-density residential use in an established Redding infill location.
Property Facts
| No. Units | 12 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 5,100 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 1 |
| Building Class | C | Year Built/Renovated | 1939/2019 |
| Zoning | RM-9 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.28 AC |
| Building Size | 5,100 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built/Renovated | 1939/2019 |
| Zoning | RM-9 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Kitchen
- Granite Countertops
- Refrigerator
- Oven
- Range
- Tub/Shower
- Family Room
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 8 | - | - |
| 1+1 | 4 | - | - |
Property Taxes
| Parcel Number | 102-560-057-000 | Improvements Assessment | $982,676 |
| Land Assessment | $223,101 | Total Assessment | $1,205,777 |
Property Taxes
Parcel Number
102-560-057-000
Land Assessment
$223,101
Improvements Assessment
$982,676
Total Assessment
$1,205,777
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