#25-955, Derek K House, Listing Office: Josh Barker Real Estate
110 Masonic Ave Redding, CA 96003
Property details
About 110 Masonic Ave
100% occupied 6-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits in 2021, and close proximity to shopping, transportation, and schools. All units are 1 bed 1 bath with current gross monthly rents at $5,346.00/month ($64/152/year) and annual expenses coming in around $21,695/year (including a maintenance reserve), the property provides just over a 6.2% cap rate. Unit 1 was remodeled in 2022 and the units are rarely vacant. Steady demand in this area of the City. Property owners had planned to remodel each unit as there was natural turnover, but only one unit has come up since 2021 (unit 1 is fully remodeled). Highlights - 100% occupied 6-plex - Below market rents, only one unit turned over since 2021 - All HVAC has been replaced throughout with mini-split systems - Unit 1 is fully remodeled
Highlights
Summary
- MLS Number: 24-2990
- MLS Name: Shasta Association of REALTORS®
- Office Name: Capital Rivers Commercial
- Office Phone: (530) 221-1127
- Office Email: info@capitalrivers.com
- Listing Agent: Chris Haedrich
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/12/2025, 4:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$681,000
110 Masonic Ave
$8,087
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 08, 2021 | Home Sold | $2,635,000 |
Jun 08, 2021 | Home Sold | $2,635,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $481,972 | $5,343 |
2023 | $472,980 | $5,248 |
2022 | $463,950 | $5,111 |
2021 | $309,143 | $3,462 |
2020 | $305,975 | $3,343 |
2019 | $299,976 | $2,421 |
2018 | $210,457 | $2,790 |
2017 | $243,326 | $2,790 |
History based on county public records data.
Nearby schools
6
Cypress Elementary School
Public District KG-5
2.3 mi
•2150 Civic Center Dr
5
Manzanita Elementary School
Public District KG-5
2.6 mi
•1240 Manzanita Hills Ave
3
Rother Elementary School
Public District KG-5
3.4 mi
•795 Hartnell Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,669. The majority of Redding, CA residents have income less than $<35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.
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Frequently asked questions
About 110 Masonic Ave
This home is located at 110 Masonic Ave in Redding, CA and zip code 96003 in the North Redding neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 9, 2024 and is currently priced at $681,000.
Over 20 listings were sold over their listed price in February 2025 in Redding, CA. In the same period over 40 listings were sold below the listed price and 18 listings were sold for the listed price. The number of homes for sale in Redding, CA increased by 10% between January and February 2025. The median list price of listings available in February 2025 was $394,998, while the average time on the real estate market was 90 days.