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1132 Walnut Ave, Redding, CA 96001

$479,000
Last sold 06/09/2021 for $435K
5
bed
3
bath
2,698
Sqft ($161/Sqft)

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About 1132 Walnut Ave

Property type House

Neighborhood

Year built 1953

HOA fee $0/month

Lot size 10,019 Sqft

Movoto estimate

Property description

FULLY RENTED INVESTMENT PROPERTY! This 4BR/2BA house with a POOL also has a converted garage-to-studio apartment with full kitchen in the back with separate access. Great location. The property has incredible cash flow with still some upside to be found by potentially utilizing the guest house as a short-term rental/ Airbnb. New roof and flashing, new HVAC, and new windows. Cash flow is $3,500/mo after property management expenses. Tenants in the main house have a lease through May 2021 (Students), paying $2,250/mo. The tenant in the Guest House is month-to-month, paying $1,250/mo. Tenants pay utilities. Seller expenses very low. Seller is currently making repairs to the laundry room and bathroom in main house.

Listed by

Listing Agent - Joshua D Johnson

Listing Office - Venture Properties

Source: Shasta Association of REALTORS®

MLS#20-5858 • last updated 2 years ago

Movoto checked Shasta Association of REALTORS® for data 26 minutes ago

Overview
Cooling/AC	Central Air, Heat Pump
Heating	Forced Air
Levels/Style	One, Ranch, 0
MLS #	20-5858
SubType	Single Family Residence
Status	Closed
Lot Size (Sqft)	10018.8
Lot Size (Acres)	0.23
Year Built	1953

Interior
Total # of Bathrooms	3
# of Full Baths	3
Total # of Bedrooms	5
Laundry	In Unit, In Kitchen
Flooring	Laminate, Tile, Luxury Vinyl
Interior Features	Eat-in Kitchen
Fireplace	Dining Room, Living Room

Exterior
Foundation	Raised, Slab
Construction	Stucco, Wood Siding
Parking	Off Street, Converted Garage
Lot Features	Level, City Lot
Other Structures	Guest House, Pool House

Amenities / Utilities
Water Source	Public
Pool	In Ground

Location
View	City
Elementary School	Manzanita Elementary
APN	105-070-006-000
Directions	West On Eureka Way, Left On Walnut.

Lot/ Land Details
Road Surface	Asphalt

Community Information
Area	1 - NW Redding

$479K

Range: $431K-$526K

Last 30 days

Lower your payment with the loan terms that fit you.

Jun 2021
Public Records
Jun 9, 2021 Sold
$429,000 (+32.0%)
Dec 2018
Public Records
Dec 21, 2018 Sold
$325,000 (+14.0%)
Aug 2016
Public Records
Aug 23, 2016 Sold
$285,000 (+58.3%)
Jun 2012
Public Records
Jun 22, 2012 Sold
$180,000 (-41.9%)
Mar 2007
Public Records
Mar 28, 2007 Sold
$310,000

1132 Walnut Ave
$435K
Magnolia
$389K -15% y/y
96001
$479K +4% y/y
Redding
$450K 0% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
1142 Walnut Ave, Redding, CA 96001	$482,000	3/3	1,863	0.01
1152 Walnut Ave, Redding, CA 96001	$256,000	2/1	1,160	0.02
1114 Walnut Ave, Redding, CA 96001	$266,000	2/1	1,159	0.02
1145 Walnut Ave, Redding, CA 96001	$240,000	2/1	1,160	0.03
1164 Walnut Ave, Redding, CA 96001	$316,000	—/1	1,414	0.03
2534 North St, Redding, CA 96001	$213,000	—/—	768	0.04
1115 Walnut Ave, Redding, CA 96001	$302,000	3/2	1,180	0.04
1178 Walnut Ave, Redding, CA 96001	$251,000	3/1	1,176	0.04

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.