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Karen Arnold

karen.arnold@exprealty.com +1(209) 934-3440

$ 2,500,000

Est. payment -/mo

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735 Lakeside DR Red Bluff, CA 96080

0.69 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5 or More Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 225080406

HOA Y/N No

Year Built 2010

Lot Size 0.690 Acres

Acres 0.69

Property Sub-Type 5 or More Units

Source MLS Metrolist

Property Description

Excellent opportunity for an investor looking for rental upside on a beautiful apartment complex along the Sacramento River. 725-735 Lakeside Drive, Red Bluff features all (9) 3 Bedroom & 2 Bathroom units and (3) Bedroom & 1 Bathroom with spacious layouts between 900 to 1,000 SF, along with two balconies per apartment. The units are laid out perfectly for families or roommates to share the common areas yet still have privacy within their standalone bedrooms. Each bedroom boasts tons of natural lighting through the dual pane windows and sliding glass door leading to their balcony. The kitchens have an open concept and are equipped with appliances which include refrigerator, dishwashers, disposals, and microwave. The units feature durable premium laminate flooring, dual pane windows, central HVAC, and Washer/Dryer hook-ups with select units having stackable W/D. (6) units have washer and dryer stackable units, the remaining (6) have hookups for resident owned machines. Each apartment features central HVAC along with being separately metered for electric and gas. There's also a large onsite parking lot which was also resealed. At the moment, 9 out of 12 units are rented, making $10,050 per month (June 2025). One more unit will be rented by July at market rate.

Location

State CA

County Tehama

Area 15000

Direction From Antelope Blvd make a right onto Center Ave., then a left onto Front Ave which turns into Lakeside Dr. Property is on the left hand side.

Interior

Heating Central

Cooling Central

Flooring Laminate, Vinyl

Window Features Dual Pane Full

Appliance Gas Cook Top, Gas Water Heater, Dishwasher, Disposal

Laundry In Each Unit, Laundry Closet, Washer/Dryer Hookups

Exterior

Parking Features Open, Uncovered

Utilities Available Natural Gas Connected, City, Electric

Water Access Desc Public

View River

Roof Type Composition

Total Parking Spaces 12

Building

Lot Description Curbs/Gutters, Landscape Back, Landscape Front

Story 2

Foundation Raised

Sewer Public Sewer

Water Public

Schools

Elementary Schools Other

Middle Schools Other

High Schools Other

School District Tehama

Others

Senior Community No

Tax ID 041-031-031-000

Special Listing Condition None

Listed by PCG Commercial, Inc

Karen Arnold

Agent | License ID: 02030608

+1(209) 934-3440

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