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    1132 Walnut Ave

    Redding, CA 96001
    • $449,900
    • STATUS: Active
    • ON SITE: 31 days
    • ID#: 20-5858
    UPDATED: 38 min ago
    $449,900
    • 5
      BEDS
    • 0.23
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 2,698
      SQFT
    • $167
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1953
    County:

    School Information

    Elementary School:
    High School:

    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.

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    IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-01-15T11:59:45.523.

    Licensed in the State of California.
    www.home4realliving.com/homes/112588580
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    1132 Walnut Ave Redding, CA 96001

    • Price: $449,900
    • Status: Active
    • Updated: 38 min ago
    • ID#: 20-5858
    5
    Beds
    3
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,698
    SQFT
    $167
    $/SQFT
    1953
    Built
    Neighborhood:
    .....Please Select
    County:
    Shasta
    Area:
    01 - NW Redding
    Elementary School:
    Manzanita Elementary
    High School:
    Shasta High
    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.
    Exterior Features

    Exterior StuccoWood Siding Fence Full Foundation RaisedSlab Gutters None Landscape Front / Back Lot Description Level Lot Dim Or Acres 10019 Lot Type City Lot Parking Off Street Patio None Pool IngroundPool House Road Asphalt Roof Comp Stories One Style Ranch View City

    Interior Features

    Additional Rooms Converted GarageFamily RoomStudio Bath Separate BathtubStallTile Bath Shower Stalls 2.00 Cool CentralHeat Pump Dining Dining AreaEating Sp in Kitchen Fireplace Dining RoomLiving Room Fireplace Info Wood Floors LaminateLuxury VinylTile Heat Forced Air Heat Gas Natural Kitchen DishwasherDryerRange/OvenRefrigeratorWasher Kitchen Counter Tops Tile Kitchen Fuel Source Natural Gas Laundry Washer & Dryer Included Misc Amenities 1st Floor Bathroom1St Floor BedroomDual Pane WindowsFruitGuest HouseLaundry in UnitSmoke Detector Total Bathrooms 3.00

    Property Features

    Available Terms All Cash To SellerCash To New LoanFhaFha/Va Cable House Cable Connected YN Yes Electric Redding Electric Utility HOA No Possession Close Of Escrow Property Detached Rented Yes Rented For 3500.00 Residential Type Single Family Waste PublicSewer Water Public Water District Name Redding Year Built Description 30+

    Listing provided courtesy of Joshua D. Johnson of Venture Properties.


    IDX information © 2021 Shasta Association of Realtors MLS. Information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Data last updated: 2021-01-15T11:59:45.523.

    Licensed in the State of California.
     
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    747 Auditorium Drive
    Redding CA, 96001