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Property profile & analytics
OFF-MARKET
Apartment buildings
737 Leland Ct Redding, CA 96001-3362
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0868171
Property summary
AI-generated overview
This exceptional mixed-use property located at 737 Leland Court, Redding, CA, presents a lucrative investment opportunity. The property encompasses five separate buildings situated on a lot exceeding half an acre. The main house boasts two bedrooms and one bathroom, providing comfortable living space. In addition to the main residence, the property includes two one-bedroom, one-bathroom units and two studio units, generating substantial rental income. Recent significant upgrades enhance the property's value and appeal. These improvements include new roofs installed in 2021, completely new plumbing throughout, updated bathrooms in all units, new air conditioning units in each building, and a modernized electrical system. This turnkey investment allows for immediate cash flow
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
WOOD
Total area
804 SF
Lot
0.5 ac (21,780 SF)
APN
104-350-013-000
UPID
US09-0868171
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mario A Escobar JR · 5 yrs held
Mario A Escobar JR
since 2020
Last sale
$429,000
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Redding submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Redding submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,873
Tax year 2024
Assessed value
$455,256
Assessed 2024
Previous assessed
$455,256
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$84,896
Assessed improvement
$370,360
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
NONE
Stories
1
Units
5
Bathrooms
1
Total area
804 SF
Lot
0.5 ac (21,780 SF)
APN
104-350-013-000
UPID
US09-0868171
Jurisdiction
SHASTA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
NONE
Stories
1
Units
5
Bathrooms
1
Lot
0.5 ac
Current owner
From public records · entity-resolved
Mario A Escobar JR
Individual
Mailing address
672 MLS ST, ESCONDIDO, CA 92027-1913
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2020
$429,000
Mario A Escobar JR
Michael Garrett
Grant Deed
$280,000 · Cornerstone Community Bank
Jun 25, 2015
—
Garrett,jeff & S 2011 Trust
Garrett Jeffrey & Susan
Quit Claim Deed
related
—
Sep 2, 2014
—
Jeffrey Garrett
Jeffrey Garrett
Intrafamily Transfer
related
$161,000 · Cornerstone Community Bank
May 19, 2014
$230,000
Jeffrey Garrett
Bettencourt Family Trust
Grant Deed
—
Dec 31, 2002
$190,000
Bettencourt,tr
Tomasin,tr
Grant Deed
$131,000 · Tomasin Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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