Movoto Real Estate
Sold on 05/06/2022

2750 Reservoir Ln, Redding, CA 96002

  • $1,195,000

    Last sold 05/06/2022 after 70 Days

  • bed

  • bath

Multi-family not for sale
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About 2750 Reservoir Ln

Property type Multi-family
Neighborhood
HOA fee $0/month
Property description
DO NOT TALK TO OR DISTURB TENANTS: 10 Units, the mix is 9 : 1+1's and 1: 2+1. Long time owner and long time property management company. Excellent rental history. These units are all masonry veneered and have never been painted. Detailed record of income and expenses available to qualified Buyers. Half of the tenants have been here 5 years or longer. Current net income after all expenses including taxes, property mgmt., utilities & repairs puts this at cash on cash net return with projected schedule at $725. per unit per property mgmt as reported to Assessor! This is a consistent cash flow investment for the right client to just leave it alone and let it run on auto pilot. An appointment to view all will be made after acceptance of a qualified Purchase Contract. Trust Sale with TA Form
Listed by
Listing Agent - Don D Davis
Listing Office - RE/MAX Five Star
Source: Shasta Association of REALTORS® mls logo
MLS#22-883 • last updated 4 years ago
Movoto checked Shasta Association of REALTORS® for data 8 minutes ago
Overview
Cooling/AC Window Unit(s)
Levels/Style 1
MLS # 22-883
SubType Residential Income
Status Closed
Interior
Exterior
Construction Other
Parking Off Street
Location
APN 067-430-037-000
Zoning NOT AVAILABLE
Directions Hartnell West Of Churn Creek, Reservoir Is Before Victor On The North, The Units Are Down About A Block On The West Side Of The Street.
Multifamily Details
Community Information
Area 1 - NW Redding
  • 2750 Reservoir Ln
    $1.19M
  • Reservoir
    $317K +3% y/y
  • 96002
    $469K +2% y/y
  • Redding
    $450K -1% y/y
No chart available
Statistics calculated by Movoto

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4/10
Rother Elementary School
public Grades K-5
Enterprise Elementary School District
6/10
Parsons Junior High School
public Grades 6-8
Enterprise Elementary School District
8/10
Enterprise High School
public Grades 9-12
Shasta Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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