1383 Browning St
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1383 Browning St
2 Unit Apartment Building Offered at £654,911 in Redding, CA 96003
Investment Highlights
- Two Story Units with Attached Two Car Garage
- Zoned RM-12-PD
- Stabilized Occupancy
- Built in 2016
- Well-maintained and Attractive Property
- Located in Prime Retail Area
Executive Summary
A premier multifamily investment opportunity in the heart of Redding. This meticulously maintained duplex, built in 2016, consists of two upscale residential townhouse style units, making it an ideal choice for investors seeking a low-risk, high-return addition to their portfolio. Currently fully occupied, the property guarantees a steady income stream, enhanced by its strategic location close to the thriving retail area of Redding.
The duplex is located within a well-planned development, featuring 13 townhouse style two-story duplexes with attached two car garages. Each unit offers 3 bedrooms, 2.5 bathrooms, and a modern, open layout. Residents enjoy upscale interior improvements, including granite vanity tops, quartz kitchen counters, and stainless steel appliances, all within a peaceful, tree-lined neighborhood. With convenient access to city utilities, abundant guest parking, and close proximity to Redding's retail shopping area, 1838 Browning Street stands out as a smart, solid investment in a growing multifamily market.
The duplex is located within a well-planned development, featuring 13 townhouse style two-story duplexes with attached two car garages. Each unit offers 3 bedrooms, 2.5 bathrooms, and a modern, open layout. Residents enjoy upscale interior improvements, including granite vanity tops, quartz kitchen counters, and stainless steel appliances, all within a peaceful, tree-lined neighborhood. With convenient access to city utilities, abundant guest parking, and close proximity to Redding's retail shopping area, 1838 Browning Street stands out as a smart, solid investment in a growing multifamily market.
Property Facts
| Price | £654,911 | Building Class | C |
| Price Per Unit | £327,455 | Lot Size | 0.17 AC |
| Sale Type | Investment | Building Size | 3,828 SF |
| No. Units | 2 | Average Occupancy | 100% |
| Property Type | Residential | Number of Floors | 2 |
| Apartment Style | Townhome | Year Built | 2016 |
| Price | £654,911 |
| Price Per Unit | £327,455 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Residential |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 3,828 SF |
| Average Occupancy | 100% |
| Number of Floors | 2 |
| Year Built | 2016 |
Unit Amenities
- Air Conditioning
- Cable Ready
- Dishwasher
- Fireplace
- Microwave
- Washer/Dryer Hookup
- Granite Countertops
- Wooden Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Yard
- Quartz Countertops
Site Amenities
- 24 Hour Access
- Walk-Up
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PROPERTY TAXES
| Parcel Number | 071-490-013-000 | Improvements Assessment | £454,049 |
| Land Assessment | £20,808 | Total Assessment | £474,856 |
PROPERTY TAXES
Parcel Number
071-490-013-000
Land Assessment
£20,808
Improvements Assessment
£454,049
Total Assessment
£474,856
zoning
| Zoning Code | RM-12-PD (RM-12-PD) |
| RM-12-PD (RM-12-PD) |
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1383 Browning St
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