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Listed by J.R. McGee • eXp Realty of California, Inc.
$ 489,900
Est. payment /mo
New
760 Locust ST Redding, CA 96001
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Residential Income
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25-5198
Year Built 1955
Property Sub-Type Residential Income
Source Shasta Association of REALTORS®
Property Description
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, décor—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.
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, décor—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.
Location
State CA
County Shasta
Direction Locust and house on north side.
Interior
Cooling Heat Pump
Exterior
Parking Features Guest, Off Street
Building
Building Description Other, Other
Story 1
Level or Stories 1.0
Structure Type Other
Others
Senior Community No
Tax ID 102-310-065-000
Ownership Seller
Acceptable Financing All Cash to Seller, Cash, Cash to New Loan, FHA/VA
Listing Terms All Cash to Seller, Cash, Cash to New Loan, FHA/VA