Great investment opportunity in Red Bluff! This property consists of 3 separate buildings totaling 44 units all on 3.9 acres. Building A has 20- 1 bd/1 ba units (674sq/ft), Building B has 16- 2 bd/ 1 ba units (756 sq/ft), and Building C has 4- 2 bd/1 ba units (950 sq/ft) and 4- 3 bd/ 1 ba units (916sq/ft). Complex is complete with an onsite managers office, building storage, and onsite laundry. All units have newer double pane windows, 9 units have been completely remodeled, 26 of the units have recent upgrades including LVP flooring and paint. Gross annual income is over $485,000 a year with potential for further development.
1,631 sq ft - 3 bedroom, 2 bath home with an unfinished attic, storage shed and circular drive. And an 874 sq ft - 2 bedroom, 1 bath home with a detached garage/storage building. Both homes are on city sewer and have a shared well. Both have their own parcel number but being sold together.
Red Bluff is located in California. Red Bluff, California has a population of 14,111. Red Bluff is less family-centric than the surrounding county with 26.81% of the households containing married families with children. The county average for households married with children is 28.48%.
The median household income in Red Bluff, California is $31,119. The median household income for the surrounding county is $42,512 compared to the national median of $57,652. The median age of people living in Red Bluff is 36.5 years.
The average high temperature in July is 97.2 degrees, with an average low temperature in January of 37.9 degrees. The average rainfall is approximately 35.4 inches per year, with 1.8 inches of snow per year.