$4,000,000

1557-1597 Bruce Dr Anderson, CA 96007

House

Property details

About 1557-1597 Bruce Dr

40 Unit apartment complex for sale in Anderson CA. 10 structures on two parcels housing 9 - one bedroom one bath, 24 - two bedroom one bath, 6 - three bedroom one bath and a 3 bedroom one bath managers unit with separate office. On site laundry. Seasonally operated pool. Owner owned solar feeding mangers unit and laundry. 100% occupied with current gross monthly income of $35,660 ($427,920 yr), Approx. annual expenses of $179,000 presents a cap rate of 6.20%. Currently 60% of rents are below market rate. Once to market rental rate, gross income would exceed $500,000 yr. Some of the interiors have been remodeled and capital improvement on carports recently started. Great location across from public ball field/park, close to shopping and public transportation.

Highlights

Home typeResidential
StatusActive
CoolingWindow Unit(s)
Year built1964
ParkingAssigned, Unassigned, Off Street
MLS #24-4057

Summary

  • MLS Number: 24-4057
  • MLS Name: Shasta Association of REALTORS®
  • Office Name: Better Homes Gardens Real Estate - Results
  • Office Phone: (530) 949-4895
  • Office Email: richardhowe67@gmail.com
  • Listing Agent: Richard A Howe

Broker Reciprocity 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: 3/13/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of building exterior

$4,000,000

1557-1597 Bruce Dr

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

4

Anderson Heights Elementary School

Public District KG-5

0.4 mi

1530 Spruce St

5

Meadow Lane Elementary School

Public District KG-5

1.3 mi

2770 Balls Ferry Rd

7

Prairie Elementary School

Public District KG-3

3.0 mi

20981 Dersch Rd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,955. Typical income of Anderson, CA residents is less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

52%
<35k
33%
35k-100k
13%
100k-200k
2%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree

What types of families live nearby?

48%
Single, No Kids
17%
Single, with Kids
21%
Married, No Kids
14%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
40%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • Extreme SportsExtreme Sports
  • Pro WrestlingPro Wrestling

Where do the neighbors shop?

  • KmartKmart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Little CaesarsLittle Caesars
  • SonicSonic

What do the neighbors drive?

  • BuickBuick
  • ChevroletChevrolet
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • OldiesOldies
  • CountryCountry
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 1557-1597 Bruce Dr

This home is located at 1557-1597 Bruce Dr in Anderson, CA and zip code 96007. Features: 0 bathroom. It has been listed on Rocket Homes since September 20, 2024 and is currently priced at $4,000,000.

In February 2025, from all listings sold in Anderson, CA there were more than 1 sold above asking price, over 9 sold below and more than 3 were sold right at the asked price. Between January and February 2025, Anderson, CA real estate market has seen decrease in the number of listings by 4.4%. In February 2025, listings were on the market for 109 days. During the same period, the median list price in this real estate market was $312,000.

From Rocket Homes Real Estate and based on county public records data.

More resources