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$329,000   Price Analysis
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1134 Franzel Rd
Red Bluff, CA 96080
6 bed 3 bath 2,448 SqFt ($134/SqFt)
9,148SqFt lot. Built 1972
Listed 2024-05-02, Taxes $2,058
USDA Eligible
near Red Bluff, CA
 Restrictions may apply
due to home size

Prime Investment: Tri-Plex in Red Bluff

CA! Discover the potential of 1134 Franzel Road, a fantastic Tri-Plex ffering three vast units, each spanning 816 squar e feet. Boasting 2 bedrooms, 1 bathroom and convenient in-unit laundry facilities, these units are designed to cater to modern lifestyles. Nestled in Red Bluff, CA, this property enjoys a sought-after location, providing easy access to local amenities, schools and recreational facilities.

Whether you're looking to diversify your investment portfolio or secure a steady stream of rental income, this Tri-Plex presents a lucrative opportunity. Currently fully rented, this property ensures immediate returns on your investment, making it an attractive option for discerning investors. Don't miss out on the chance to capitalize on the thriving rental market in Red Bluff. Schedule a viewing today and seize the potential of 1134 Franzel Road!


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

Property MLS #20240328 from Tehama

Bedrooms: 6

Full Bathrooms: 3

Lot Size Acres: 0.21
Lot Size Square Feet: 9148

Parking Total: 3

Number of Units: 3
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Unit-1 Square Feet: 816
Unit-2 Square Feet: 816
Unit-3 Square Feet: 816
Unit 1 Total Actual Rent: 875
Unit 2 Total Actual Rent: 875
Unit 3 Total Actual Rent: 875

Source Listing Status: Active
County: Tehama
Cross Street: Luther
Source Property Type: Multi Family
Area: Central Red Bluff
Source Neighborhood: Central Red Bluff
Parcel Number: 031-175-032-000
Property Subtype: Triplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$150,593 + $44,618
$195,211
$2,058
2021$147,641 + $43,744
$191,385
$1,976
2020$146,128 + $43,296
$189,424
$2,017
2019$143,263 + $42,448
$185,711
$2,029
2018$140,454 + $41,616
$182,070
$1,877
2017$137,700 + $40,800
$178,500
$1,894
2016$91,372 + $30,457
$121,829
$1,234
2015$107,584 + $25,614
$133,198
$1,347
2014$110,858 + $27,857
$138,715
$1,340
2013$110,357 + $27,732
$138,089
$1,330
2012$108,194 + $27,189
$135,383
$1,299
2010$106,073 + $26,656
$132,729
$1,243
2009$105,532 + $24,121
$129,653
$1,247
2008$103,463 + $23,649
$127,112
$1,219
2007$101,435 + $23,186
$124,621
$1,197

Listed 2024-05-02
$329,000
Tehama
Sold 2016-02-09
$175,000
Tehama
Price Changed 2015-12-09
$179,000
CRMLS
Price Changed 2015-11-23
$189,000
Tehama
Price Changed 2015-11-23
$189,000
CRMLS
Relisted 2015-11-03
$199,000
CRMLS
Relisted 2015-11-03
$199,000
Tehama
Listing removed 2015-10-23
$204,500
CRMLS
Listing removed 2015-10-13
$204,500
Tehama
Price Changed 2015-10-13
$204,500
CRMLS
Price Changed 2015-09-22
$214,500
Tehama
Price Changed 2015-09-22
$214,500
CRMLS
Price Changed 2015-09-14
$235,000
CRMLS
Price Changed 2015-09-14
$235,000
Tehama
Listed 2015-08-28
$245,000
CRMLS
Listed 2015-08-04
$245,000
Tehama
Sold 2015-04-10
$120,000
Public Record

Year Built: 1972
Property Age: 52

Jackson Heights Elementary School is a public elementary school located approximately 0.5 miles away.
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Vista Preparatory Academy is a public middle school located approximately 0.6 miles away.
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Red Bluff High School is a public high school located approximately 1 miles away.
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Adventist Christian Elementary School is a private elementary school located approximately 0.3 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.