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Stone-Building Quadplex
For Sale
$485,000

55 South Lassen Street, Susanville, CA 96130

Four updated apartments are served by individual garages and a shared tenant space.

Property Size1,250 SF
Price / SF$388
Days on Market963

Property Features for 55 South Lassen Street

General Information

Standard status Active
Size 1,250 SF
Property subtype Residential Income / Quadruplex

Additional Details

Multifamily Units 4
Tenant in Place Yes

Amenities

common area
Wall/Window Unit(s)
Central, Electric, Natural Gas
Full
Carpet, Tile, Vinyl
Yes
Window Coverings
Laundry Room
Ceiling Fan(s)

Building Details

Year Built 1912
Buildings 1
Construction quarry stone
Tenancy Multi
Listing Agency: Smith Properties
Listed By: Lawrence G Smith · License #00551162
Source: Compass
Added: Mar 17, 2024 Changed: Nov 3 Last Checked: Nov 3 at 2:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Smith Properties

Rey
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Investment Insights

Based on property information with market context.

This 1912 quadplex in Susanville is a stone building with four residential apartments. The units have been remodeled, and a laundry room is among the interior features.

Four garages stand behind the building, with a shared area for tenants. The property is located at 55 South Lassen Street in Susanville, California.

Key Highlights

  • Four residential apartments in a stone building
  • All four apartment units have been remodeled
  • Four separate garages are located behind the building

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

St. Francis Church Omnia Design Co Marketing & Advertising

Suggested Use

Top Pick Parking Lot & Garage Bakery HVAC Service (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

484
Businesses Nearby

Demographics for 96130, CA

22,121
Population
7,193
Households
3.1
Avg Household Size
36
Median Age
12%
College-Educated
77%
High-School Grad
499.9 sq mi
ZIP Area
44
Density / Sq Mi
$71,125
Median Household Income
$41,962
Median Earnings
$982
Median Rent
$258,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Four updated apartments are served by individual garages and a shared tenant space.
Where is this quadplex located?
The property is located at 55 South Lassen Street Susanville, CA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Four residential apartments in a stone building; All four apartment units have been remodeled; Four separate garages are located behind the building
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