737 Leland Ct Redding, CA 96001
- Apartment buildings
- 804 SF
- 0.50 lot acres
Current Use by Public Records
- Apartment buildings
Property Details for 737 Leland Ct
- Year built
- 1935
- Construction
- WOOD
- Lot size
- 0.50 lot acres
- Property size
- 804 SF
- Property type
- Apartment buildings
- APN
- 104-350-013-000
- APU
- 104350013000
Description
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
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $330,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $420,000
- 6.5%
- $450,000
- 7%
- $420,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $380,000
- Geo Method
- $425,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $360,000
- Retail
- $380,000
- Mixed-Use
- $460,000
- Hospitality
- $360,000
- Educational
- $465,000
- Residential Income
- $425,000
- Energy
- $470,000
- Income-Based Land
- $395,000
- Food Service
- $460,000
Location Insight
- Map
- Local Demand
- City
- Redding
- County
- Shasta
- State
- California
- Longitude
- -122.382
- Latitude
- 40.5694
- CBSA code
- 39820
- CBSA name
- REDDING, CA METROPOLITAN STATISTICAL AREA
