2875 Redding, CA $ 1,425,000
2875
$ 1,425,000
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2875

Redding, CA, 96002
$ 1,425,000
Baths0.0

Monthly Estimate*

$ 9,954

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Studio

Multi-Family Home for sale in Redding, CA

for $1,425,000. This home was built in 2000.

Excellent investment featuring two +/-4,200sf single story office buildings, 100% leased to long term creditable tenants. Quality built and well designed, the two office buildings are positioned in the Park Plaza Office Park which hosts 8 office buildings totaling 30,000sf. Both buildings, 2875 & 2895 Churn Creek Rd. feature versatile modern/friendly floor plans that comfortably accommodate four existing tenants with public utilities, high speed internet, security patrol and on site Owners Association. This is an excellent low risk investment opportunity ! Call LO for full package and please do not disturb tenants.

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Multi-Family Pending

Price

$ 1,425,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

CO

Year Built

2000

Town/City

Redding

County/Region

Shasta

MLS | Web ID

24593

Features
General
Possession Arrange
Roof Composition
Construction Materials Stucco
Year Built 2000
Property SubType CO
County Shasta
Property Type Investment
Garage Y/N N
Status UActive Under Contract
Directions From the intersection East Cypress & Churn Creek Rd: Travel south on Churn Creek Rd. approx. 1/4 Mile Park Plaza Office Park is on the east side of Churn Creek Rd. (across from Dutch Bros).
City Redding
View Y/N N
Zoning Description RED - C-O - Office District
MLS Area 03 - SE Redding
Lot Size Square Feet 1.22
Carport Y/N N
Street Name Churn Creek Road
Lease Renewal Y/N N
MLS Area Minor 03 - SE Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 92
Standard Status Active Under Contract
Senior Community None
New Construction None
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Interior
Flooring Wall to Wall Carpet Partial
Basement (Y/N) N
Electric On Property Y/N N
Total Baths 0
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Exterior
Parking Features Off Street
Lot Size Area 1.22
Spa N
Lot Size Acres 0.0
Other Parking Common
Lot Size Units Square Feet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 28752895
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* Excluded Features
List By
Debbie L Wall

Listing Agent

Northstate Commercial Partners

Broker

Affordability Calculator

$9,954
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,954
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
2/9/2024$1,425,000 Listed Price

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2875, Redding, CA, 96002 is a Multi-Family Home for sale at $1,425,000. 2875 is a studio with 0.0 baths and was built in 2000. The property's zip code is 96002 which is in Redding, CA