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1025 Parkview Ave 3 Unit Apartment Building $453,674 CAD ($151,225 CAD/Unit) 6.44% Cap Rate Redding, CA 96001
EXECUTIVE SUMMARY
Excellent investment opportunity in the heart of Redding! This versatile property features a 4 bedroom, 1.5 bathroom main home w/ 1540 sq ft, a separate 2 bedroom, 1 bathroom ADU with 796 sq ft, and a 264 sq. ft. commercial space complete with its own full bath. Recent updates throughout include new flooring, fresh paint, modern appliances, remodeled bathrooms, tankless water heater, recessed lighting, updated fixtures, and ceiling fans—making each space move-in ready. With its prime location near City Hall, local parks, shopping, and dining, this property offers strong rental potential and flexibility for both residential and commercial use. A rare find with the possibility of multiple income streams in one convenient package!
PROPERTY FACTS
| Price | $453,674 CAD | Property Subtype | Apartment |
| Price Per Unit | $151,225 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.44% | Building Size | 2,400 SF |
| No. Units | 3 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1949 |
| Zoning | Multi Use - Multi Use | ||
| Price | $453,674 CAD |
| Price Per Unit | $151,225 CAD |
| Sale Type | Investment |
| Cap Rate | 6.44% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.16 AC |
| Building Size | 2,400 SF |
| No. Stories | 1 |
| Year Built | 1949 |
| Zoning | Multi Use - Multi Use |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Fireplace
- Washer/Dryer Hookup
- Heating
- Ceiling Fans
- Eat-in Kitchen
- Kitchen
- Stainless Steel Appliances
- Range
- Tub/Shower
- Carpet
- Yard
- Breakfast Nook
- Dining Room
- Family Room
- Mother-in-law Unit
- Vinyl Flooring
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 6+3.5 | 3 | - | - |
1 1
Walk Score®
Very Walkable (75)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 104-280-013-000 | Improvements Assessment | $273,452 CAD |
| Land Assessment | $100,745 CAD | Total Assessment | $374,197 CAD |
PROPERTY TAXES
Parcel Number
104-280-013-000
Land Assessment
$100,745 CAD
Improvements Assessment
$273,452 CAD
Total Assessment
$374,197 CAD
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1025 Parkview Ave
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