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$419,000   Price Analysis
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229 San Mateo Ave
Gerber, CA 96035
14 bed 6 bath unknown SqFt ($0/SqFt)
0.23 acre lot. Built 1920
Listed 2024-05-02, Taxes $1,818
USDA Eligible
near Gerber, CA
 

Investment Opportunity in Gerber

CA! Address: 229 San Mateo Ave, Gerber, CA 96035-2153 Formerly a Gerber Hotel, this property has been transformed into a lucrative investment opportunity. Presenting a 6-unit multi-family residence, featuring a mix of big layouts: - 2 Three-Bedroom, One-Bathroom Units - 4 Two-Bedroom, One-Bathroom Units Convenient sh ared laundry facilities enhance tenant satisfaction and streamline management. Key Features: - Prime location in Gerber, CA - Historic charm blended with modern convenience - Potential for attractive rental income - Shared laundry room for tenant convenience - Each unit designed for comfortable living Don't miss out on this chance to own a piece of Gerber's history while securing a stable investment for the future!

Contact us for more information and to schedule a vewing.


Presented by Mike Gonzalez at
3. Coldwell Banker C&C Properties - Red Bluff.
Listing Agent Photo

Property MLS #20240330 from Tehama

Bedrooms: 14

Gas Surface Unit
Laundry Features: On Site Share

Cooling Features: Wall/Window Unit
Heating Features: Wall Heater
Water Heaters: Natural Gas

Full Bathrooms: 6

Lot Description: City
Lot Size Acres: 0.23
Lot Size Square Feet: 10019

Roads: Paved

Parking Features: Carport Attached
Parking Total: 3

Number of Units: 6
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 3
Bedrooms in Unit-5: 2
Bedrooms in Unit-6: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 1
Total Bathrooms in Unit-6: 1
Unit 1 Total Actual Rent: 850
Unit 2 Total Actual Rent: 700
Unit 3 Total Actual Rent: 700
Unit 4 Total Actual Rent: 675
Unit 5 Total Actual Rent: 700
Unit 6 Total Actual Rent: 700

Source Listing Status: Active
County: Tehama
Cross Street: Luning Ave.
Source Property Type: Multi Family
Area: Gerber ~Los Flores
Source Neighborhood: Gerber ~Los Flores
Parcel Number: 064-202-015-000
Property Subtype: Multiple Homes
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$117,127 + $22,309
$139,436
$1,818
2021$114,831 + $21,872
$136,703
$1,793
2020$113,654 + $21,648
$135,302
$1,793
2019$111,426 + $21,224
$132,650
$1,787
2018$109,242 + $20,808
$130,050
$1,722
2017$107,100 + $20,400
$127,500
$1,734
2016$105,000 + $20,000
$125,000
$1,645
2015$127,373 + $27,540
$154,913
$1,943
2014$127,373 + $27,540
$154,913
$1,952
2013$127,373 + $27,540
$154,913
$1,948
2012$127,373 + $27,540
$154,913
$1,943
2010$149,850 + $32,400
$182,250
$2,225
2009$166,500 + $36,000
$202,500
$2,431
2008$215,012 + $38,590
$253,602
$2,943
2007$210,797 + $37,834
$248,631
$2,894

Listed 2024-05-02
$419,000
Tehama
Sold 2015-07-30
$125,000
Public Record
Listing removed 2015-07-13
$130,000
CRMLS
Listing removed 2015-06-05
$130,000
Tehama
Price Changed 2015-06-02
$130,000
Tehama
Price Changed 2015-06-01
$130,000
CRMLS
Price Changed 2015-03-11
$140,000
CRMLS
Price Changed 2015-03-11
$140,000
Tehama
Listed 2015-01-20
$170,000
Tehama
Price Changed 2015-01-15
$160,000
CRMLS
Price Changed 2014-11-14
$180,000
CRMLS
Listed 2014-07-12
$200,000
CRMLS
Listing removed 2011-04-02
$255,000
SutterYuba
Listing removed 2011-04-02
$379,000
SutterYuba
Listing removed 2011-04-01
$329,000
SutterYuba
Sold 2008-06-12
$225,000
Public Record
Listed 2007-12-18
$255,000
SutterYuba
Listing removed 2007-12-01
$255,000
SutterYuba
Listed 2007-08-14
$255,000
SutterYuba
Listed 2007-04-18
$329,000
SutterYuba
Listing removed 2006-07-14
$380,000
SutterYuba
Listed 2006-04-06
$380,000
SutterYuba
Listed 2005-08-17
$379,000
SutterYuba
Sold 2003-03-19
$230,000
Public Record
Sold 2001-03-21
$113,000
Public Record

Year Built: 1920
Property Age: 104
Roof: Composition

Natural Gas

Gerber Elementary School is a public elementary and middle school located approximately 1.9 miles away.
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Red Bluff High School is a public high school located approximately 9.9 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.