1071-1079 Market, Redding, CA 96001
$585,000
1071-1079 Market Redding, CA 96001
$585,000
1071-1079 Market
Redding, CA 96001
This 3,918 SF mixed-use building features two leased residential apartments on the upper level--one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus room--as well as two ground-floor commercial spaces currently leased on a month-to-month basis at below-market rents. Ideal for an owner-user or investor, you can occupy one or both commercial units for your business while generating income from the remaining leased spaces. Each of the four units is separately metered for electricity. Annual gross rental income is $56,880, with a Gross Rent Multiplier (GRM) of 10.28. Note: This property is also listed under MLS 25-969
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Price$585,000
Year Built1925 Listing TypeComm/Industrial Property TypeC
Area04 - SW Redding
MLS Listing ID25-939 Published Date3/10/2025 6:47:00 PM 39 days ago Listing Modified4/9/2025 12:00:00 PM 9 days ago
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