760 Locust, Redding, CA 96001
Discover a rare, income-producing mid century modern jewel in the heart of ...
$489,900
Discover a rare, income-producing mid century modern jewel in the heart of Garden Tract: two completely separate, fully remodeled homes on one lot--sold fully furnished and turnkey, with renters already!The spacious main home offers 4 bedrooms, 2 baths, with modern living. The detached ADU guest house is a private 1-bed/1-bath retreat. Both were comprehensively renovated this summer. Stunning new kitchens, stainless appliances, modern bathrooms, new flooring, fresh paint, updated electrical & plumbing, designer lighting, and brand-new energy-efficient mini split heating and cooling systems. Everything conveys: all furniture, beds, cookware, decor--literally take over and start earning. Currently leased as furnished long-term rentals, the property consistently generates $4,050/month gross ($48,600+/year) and still additional space & beds to comfortably rent. The ADU rented below market value at $1000 enjoys a rear alley access with private gate, separate entrances, and separate metering for ultimate flexibility. Live in the main house and let the guest house (plus extra space) pay your mortgage, or rent everything and watch the cash flow.Properties like this in coveted Garden Tract are almost never available. Los of flexibility and the work is done.
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Year Built:1955
MLS ID:25-5198
Listing Type:Residential Income
Property Type:Residential Income
Area
  • Area: 04 - SW Redding