2962 Lanning Ave Redding, CA $ 499,000
2962 Lanning Ave
$ 499,000
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2962 Lanning Ave

Redding, CA, 96001
$ 499,000
Baths0.0

Monthly Estimate*

$ 3,317

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Studio

Multi-Family Home for sale in Redding, CA

for $499,000. This home was built in 1943.

TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!

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Multi-Family Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Residential Income

Year Built

1943

Town/City

Redding

County/Region

Shasta

MLS | Web ID

242229

Features
General
Possession Arrange
Year Built 1943
Stories 1
Property SubType Residential Income
Percent Ownership Seller
County Shasta
Property Type Residential Income
Subdivision Name N/A
Garage Y/N N
Status Active
Directions Parkview to Lanning
City Redding
View Y/N N
Zoning Description NOT AVAILABLE
NumberOfUnitsTotal 0
MLS Area 04 - SW Redding
Lot Size Square Feet 0.0
Carport Y/N N
Lease Renewal Y/N N
MLS Area Minor 04 - SW Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 25
Standard Status Active
Senior Community None
New Construction None
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Exterior
Parking Features Off Street On Street
Lot Size Area 0.0
Spa N
Lot Dimensions 10 454
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 2962
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* Excluded Features
List By
Nick R Kerley

Listing Agent

Realty 110, Inc.

Broker

Affordability Calculator

$3,317
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,317
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/21/2024$499,000 Listed Price

Map


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2962 Lanning Ave, Redding, CA, 96001 is a Multi-Family Home for sale at $499,000. 2962 Lanning Ave is a studio with 0.0 baths and was built in 1943. The property's zip code is 96001 which is in Redding, CA