Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    45258-B Hwy 299 McArthur, CA 96056

    Sponsored
    For Sale
    $550,000

    Two-unit apartment building, great returns.

    Property size:
    1,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional investment opportunity presents a two-unit apartment building ideally situated in McArthur, California. Each unit boasts a generous 1,370 square feet of living space, featuring three bedrooms and two bathrooms. Recent renovations encompass kitchens, bathrooms, flooring, fixtures, and windows, ensuring modern appeal and minimizing maintenance needs. Both units are equipped with monitor heaters and wall air conditioning for year-round comfort. The property includes a laundry room with a free-standing sink and washer/dryer hookups in each unit. Each unit also features a one-car garage with a concrete floor. Adding to the property's value is a 22 x 30 shop, perfect for storage or potential rental income as a storage unit. This shop also has a concrete floor, roll-up door, and a side door. The exterior has been freshly painted. The property sits on one acre of land, offering a large open area and a gravel driveway. Its location, two miles east of McArthur, provides a peaceful setting while backing up to farm ground and offering views of Mount Shasta. Current rental income ranges from $850 to $1000 per month per unit, promising a strong return on investment. This low-maintenance property represents a compelling opportunity for savvy investors seeking a stable and profitable venture in a desirable location. The asking price is $550,000. The property is located at 45258-B HWY 299, McArthur, CA 96056.

    Property Features for 45258-B Hwy 299

    General Information

    Property type
    Multifamily properties
    Square Feet
    1,370 SF
    Lot Size
    43,560 SF

    Building Details

    Units
    2

    HighLights

    • Asking price: $550,000.
    • Multifamily property with two units, totaling 1,370 square feet on a 1‑acre lot.
    • Each unit features 3 bedrooms, 2 bathrooms, a laundry room, and a 1‑car garage.
    • Units rent for $850-$1,000/month.
    • Recent renovations include updated kitchens, baths, flooring, fixtures, and windows.
    • Newly painted exterior, monitor heaters, and wall A/C units in each unit.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    McArthur
    County
    Shasta
    State
    California
    Longitude
    -121.3600964
    Latitude
    41.0646898

    Nearby Comparable

    • $850,000
      2.00 Acres

      McArthur Triplex Investment

      Six-unit rental property, CA
      45258-A Hwy 299, McArthur, CA 96056
      View Details
    • $6,850,000
      1,446.00 Acres

      5 Springs Cattle Ranch, CA

      1446-acre diversified ranch, abundant water
      28960 Day Rd, McArthur, CA 96056
      View Details
    • $199,000
      4,798 SF

      Commercial Restaurant and Residential Opportunity

      Restaurant with potential residential income property in McArthur, CA.
      44225 Ca-299, McArthur, CA 96056
      View Details
    • $480,000

      Old Highway Road Road

      Manufacturing properties
      0 Old Hwy Rd Rd, McArthur, CA 96056
      View Details
    • $8,500,000
      1,155.00 Acres

      Island Ranch: Riverfront Paradise

      1,155± acre California ranch, exceptional fishing.
      42369 Horr Rd, McArthur, CA 96056
      View Details
    • $47,950
      4.80 Acres

      Shoshoni Loop Commercial Land Parcel

      4.8-acre commercial lot near Fall River Mills.
      0000 Shoshoni Loop, Fall River Mills, CA 96028
      View Details
    • $39,000
      0.36 Acres

      Nubieber Commercial Land - $39K

      Level lot, buildable, utilities available.
      652-790 Broadway Ave, Nubieber, CA 96068
      View Details
    • $60,000
      4.00 Acres

      Lakeside Land with Two Cabins

      4-acre lakeside property with two cabins near Alturas, CA.
      Oxen, Alturas, CA 96101
      View Details

    Nearby Similar for Sale

    • $199,000
      4,798 SF

      Commercial Restaurant and Residential Opportunity

      Restaurant with potential residential income property in McArthur, CA.
      44225 Ca-299, McArthur, CA 96056
      View Details
    • $850,000
      2.00 Acres

      McArthur Triplex Investment

      Six-unit rental property, CA
      45258-A Hwy 299, McArthur, CA 96056
      View Details

    FAQs

    What type of property is this?
    Multifamily property - Two-unit apartment building, great returns.
    Where is this multifamily property located?
    The property is located at 45258-B Hwy 299 McArthur, CA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: Asking price: $550,000.; Multifamily property with two units, totaling 1,370 square feet on a 1-acre lot.; Each unit features 3 bedrooms, 2 bathrooms, a laundry room, and a 1-car garage.
    Request Owner's contact information
    45258-B Hwy 299 McArthur, CA 96056
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    45258-B Hwy 299
    McArthur, CA 96056
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45258-B Hwy 299 McArthur, CA 96056
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.