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Sold on 06/26/2023

1903 Grace Ave, Redding, CA 96001

  • $697,000

    Last sold 06/26/2023 for $660K

  • —

    bed

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    bath

Multi-family not for sale
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About 1903 Grace Ave

Property type Multi-family
Neighborhood
Year built 1948
HOA fee $0/month
Movoto estimate
Rental estimate
Property description
Are you looking for a fully renovated investment property? Look no further! This 4 PLEX features two buildings both with new roofs, new gutters, most all the windows have been replaced, completely new kitchens & bathrooms with upgraded cabinets, granite countertops, & new appliances. All new electrical wiring & panels have been installed, along with all new plumbing. All the HVAC systems are new along with all new ducting. The interiors feature new LVP flooring throughout, except for new carpet on the stairs. Each unit has indoor private laundry, PLUS all have new sheetrock, new doors & fresh new paint inside & out. With a Gross annual income over $59,000 & CAP Rate at 6.57% This is an excellent investment opportunity for anyone looking for a TURN-KEY investment!
Listed by
Listing Agent - Nick R Kerley
Listing Office - Realty 110, Inc.
Source: Shasta Association of REALTORS® mls logo
MLS#23-1455 • last updated 1 year ago
Movoto checked Shasta Association of REALTORS® for data 3 minutes ago
Overview
Cooling/AC Central Air
Levels/Style 1
MLS # 23-1455
SubType Residential Income
Status Closed
Year Built 1948
Interior
Exterior
Construction Stucco
Parking Assigned, Off Street
Location
APN 105-620-041-000
Zoning NOT AVAILABLE
Directions Placer West, Chestnut South, Gold St Left, Right On Grace.
Multifamily Details
Community Information
Area 4 - SW Redding
$697K
Range: $585K-$808K
Last 30 days 
Rental est.: $1,430/month
Gross rent multiplier: 39.0
  • 1903 Grace Ave
    $660K
  • Magnolia
    $349K -13% y/y
  • 96001
    $456K +1% y/y
  • Redding
    $450K -1% y/y
No chart available
Statistics calculated by Movoto

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3/10
Cypress Elementary School
public Grades K-5
Redding Elementary School District
5/10
Sequoia Middle School
public Grades 4-8
Redding Elementary School District
9/10
Shasta High School
public Grades 9-12
Shasta Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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  • Real Estate
  • CA
  • Shasta County
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  • 96001
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  • 1903 Grace Ave
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