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1230 Canby Rd
Redding, CA 96003

The Pinnacle · Residential Property For Sale · 131 Units

Investment Highlights

  • Ownership: long-term, pride of ownership
  • Renovated Units: 124 lightly-renovated units, with 7 units still needing renovations
  • Roof Renovations: renovations completed in multiple stages, beginning in 2017
  • Redding’s most desirable ZIP code: 96003
  • Different Two-Bedroom Unit Sizes: upside potential in leasing larger units at a higher premium
  • Landscaping & Re-Pavement Projects: all work totaling $400,000, completed 2022-2023

PROPERTY FACTS

No. Units 131
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 5.94 AC
Building Size 104,939 SF
Average Occupancy 97%
Number of Floors 2
Year Built/Renovated 1980/2022
Parking Ratio 2.67/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Kitchen
  • Patio

Site Amenities

  • Laundry Facilities
  • Pool
  • Basketball Court

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
1+1 30 £785.50 616
2+1 100 £1,127 731 - 791
3+1 1 £715.00 1,100

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
107-570-018-000
Land Assessment
£2,521,762
Improvements Assessment
£4,384,747
Total Assessment
£6,906,509

zoning

Zoning Code RC
RC
  • Listing ID: 29678905

  • Date on Market: 02/10/2023

  • Last Updated:

  • Address: 1230 Canby Rd, Redding, CA 96003

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