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.
Property Details
Property Features
Property Information:
Year Built: 1963
Stories: 2
Listing Office:
Office Name: Wahlund & Co. Realty Group
Office Phone: (530) 580-3597
Listing Agent: Drew Wahlund
Exterior Features
Parking Information:
Parking: Assigned, Off Street
Other
Directions Information:
Directions: From I5 take exit 647B (Diamond St) to Main St. Right on Main St. Property is on the left. look for Aquarium and Pets Store on Street frontage.
Price Information
Listing Price Info
Price Summary:
List Price: $4,175,000
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Red Bluff, CA.
This property is $3.8M more than the Median Sold Price in Red Bluff, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: Shasta Association of REALTORS®
MLS Number: #24-2341
Listing Office:
Office Name: Wahlund & Co. Realty Group
Office Phone: (530) 580-3597
Listing Agent: Drew Wahlund
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/18/2024, 6:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
-
$2,100,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$20.9K
Per Month
Principal & Interest
$20.8K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$12.5K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Jackson Heights Elementary School
225 Jackson St
Distance between this listing and this school0.48 miles
Public District Grades KG-5
4
/10
Bidwell Elementary School
1256 Walnut St
Distance between this listing and this school0.78 miles
Public District Grades KG-5
4
/10
William M. Metteer Elementary School
695 Kimball Rd
Distance between this listing and this school1.24 miles
Public District Grades KG-5
Nearby Schools
5
/10
Lassen-Antelope Volcanic Academy (Lava)
1660 Monroe St
Distance between this listing and this school0.93 miles
Public Charter Grades 5-8
2
/10
Vista Preparatory Academy
1770 S Jackson St
Distance between this listing and this school1.42 miles
Public District Grades 6-8
6
/10
Berrendos Middle School
401 Chestnut Ave
Distance between this listing and this school1.97 miles
Public District Grades 6-8
Nearby Schools
4
/10
Tehama Elearning Academy
715 Jackson St Ste B
Distance between this listing and this school0.43 miles
Public Charter Grades 7-12
7
/10
Red Bluff High School
1260 Union St
Distance between this listing and this school0.92 miles
Public District Grades 9-12
3
/10
Salisbury High (Continuation)
1050 Kimball Rd
Distance between this listing and this school1.27 miles
The neighbors living near this home have an average income of $22,373. The majority of Red Bluff, CA residents have income less than $35k annually. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 355 S Main St
What is the listing price of this property?
The listing price of 355 S Main St property is $4,175,000.
What type of property is this?
The property 355 S Main St is a house located in Red Bluff, California, 96080.
Is this property for sale now?
Active Listing: 355 S Main St is For Sale (Active/New) which means the seller is accepting offers.
Which year was this property built?
The year of construction for 355 S Main St is 1963.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 355 S Main St in Red Bluff, CA and zip code 96080. This home was built in 1963. It has been listed on Rocket Homes since May 26, 2024 and is currently priced at $4,175,000.
While more than 10 listings in Red Bluff, CA in October 2024 were sold above asking price, there were more than 2 listings sold at asking price, and more than 3 were sold below. The number of homes for sale in Red Bluff, CA decreased by 2.1% between September 2024 and October 2024. The median list price of listings available in October 2024 was $330,000, while the average time on the real estate market was 44 days.
From Rocket Homes Real Estate and based on county public records data.
The listings on this site are displayed courtesy of the IDX program of Shasta Association of REALTORS and may not be the listings of the site owner. All information is deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. 
Pro Wrestling
Pro Wrestling
Figure Skating
NASCAR
Wal-Mart
Kmart
Family Dollar
Sonic
Bob Evans
Dominos Pizza
Oldsmobile
Buick
Ford
Contemporary Inspirational
New Country