$618,500
$649,000
4.7%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
SOLD DATE : 09/19/2024
Key Details
Sold Price $618,500
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24102364
Sold Date 09/19/24
Bedrooms 5
Property Description
Rare 7-Unit, 1.48 acre property with massive income potential! This is the former location of the Los Molinos Inn which was built in 1905. The current layout consists of a 2,115sf custom home built in 1971 featuring 3 bedrooms and 2.5 bathrooms along with 5 apartment units and 1 updated mobile home on a perimeter foundation. All units are on separate electric meters and have great rental history. Water is supplied by Los Molinos Water District and there are also 2 wells on the property. There are two septic systems, one for the house and one servicing the apartments. There are multiple covered parking spots and vintage barn style storage units available for tenant use. There is a tastefully designed common area separating thehouse, apartments and mobile home to allow for privacy. The house and apartments have metal roofs that match the rustic ranch style exterior ambiance of the property. Located just off Highway 99 near the Sacramento River and in close proximity to Interstate 5, this property provides easy access to an abundance of commuting tenants.
Location
State CA
County Tehama
Zoning Assessor
Direction Hwy 99 to the southern tip of Los Molinos, turn East on N Center St
Interior
Cooling Central Forced Air
Fireplace No
Exterior
Utilities Available Septic Installed
View Y/N No
Building
Story 1
Level or Stories 1
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Bought with Efren Robinson Efren Robinson, Broker

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