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Sold on 12/26/2024

1969 8th St, Redding, CA 96001

  • $750,000

    Last sold 12/26/2024 after 254 Days

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1969 8th St

Property type Multi-family
Neighborhood
Year built 1980
HOA fee $0/month
Rental estimate
Property description
Calling all savvy investors! Nearly $80,000 in gross annual income providing 7.46% CAP Rate! This charming 7-unit apartment building offers Six 1+1 units and One 2+1 unit providing the perfect blend of convenience and profitability. Nestled downtown, you'll be steps away from award-winning schools, bustling shops, and the scenic Sacramento River Trail. The best part? This well-maintained property boasts excellent upside potential - minimal investment needed to start reaping the rewards of a vibrant downtown location! Don't miss this rare opportunity to own a piece of the action in a thriving community.
Listed by
Listing Agent - Nick R Kerley
Listing Office - Realty 110, Inc.
Source: Shasta Association of REALTORS® mls logo
MLS#24-1588 • last updated 1 year ago
Movoto checked Shasta Association of REALTORS® for data 10 minutes ago
Overview
Levels/Style 2
MLS # 24-1588
SubType Residential Income
Status Closed
Year Built 1980
Interior
Exterior
Parking Off Street, On Street
Location
APN 103-130-044-000
Zoning NOT AVAILABLE
Directions Eureka Way To Right Onto West St., Left Onto 8th St., Property Is On The Right
Multifamily Details
Community Information
Area 1 - NW Redding
Rental est.: $1,655/month
Gross rent multiplier: 39.3
  • Dec 2024
    mls logo MLS # 24-1588
  • Dec 26, 2024 Sold
    $750,000 (-3.8%)
  • Nov 7, 2024 Pending
    —
  • Oct 31, 2024 Price Change
    $780,000 (-1.1%)
  • Oct 24, 2024 Price Change
    $789,000 (-0.6%)
  • Oct 17, 2024 Price Change
    $794,000 (-0.6%)
  • Aug 13, 2024 Price Change
    $799,000 (-5.9%)
  • Jul 11, 2024 Price Change
    $849,000 (-2.3%)
  • Jun 20, 2024 Price Change
    $869,000 (-3.3%)
  • May 20, 2024 Price Change
    $899,000 (-5.4%)
  • Apr 16, 2024 Listed
    $950,000
  • 1969 8th St
    $750K
  • Lakeview
    — -100% y/y
  • 96001
    $464K +3% y/y
  • Redding
    $455K 0% y/y
No chart available
Statistics calculated by Movoto

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7/10
Manzanita 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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  • Lakeview
  • 1969 8th St
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