120 Masonic Ave
Redding, CA 96003
- 11 Beds
- 6 Baths
11 Beds
6 Baths
Local Information
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-- mins to
Description
100% occupied 5-plex for sale in northern Redding, CA with long term tenants, below market rents, all new HVAC mini-splits, brand new roof, freshly painted exterior, and close proximity to shopping, transportation, and schools. With current gross monthly rents at $5,943.00/month ($68,316.00/year), laundry income averaging around $3,000/year, and annual expenses coming in around $27,875/year (including a maintenance reserve), the property provides just over a 6.1% cap rate. Property includes laundry room with laundry income. Unit 5 interior has been fully remodeled and unit 3 is a 2-story 3 bedroom/2.5 bath apartment with indoor laundry.
Highlights
- 100% occupied 5-plex (with one 3 bedroom/2.5 bath unit)
- Below market rents
- All HVAC has been replaced throughout with mini-split systems
- Unit 5 is fully remodeled
- Includes income from onsite laundry
- Low maintenance with new roof, new paint, new HVAC, and little landscaping
Highlights
- 100% occupied 5-plex (with one 3 bedroom/2.5 bath unit)
- Below market rents
- All HVAC has been replaced throughout with mini-split systems
- Unit 5 is fully remodeled
- Includes income from onsite laundry
- Low maintenance with new roof, new paint, new HVAC, and little landscaping
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from August 18, 2025
Home Highlights
Parking
No Info
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 120 Masonic Ave
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Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 6 |
Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Stories: 2 |
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Parking & Garage Parking: Off Street |
Frontage Not on Waterfront |
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Year Built Year Built: 1977 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 113410021000 |
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Price List Price: $711,000 |
Status Change & Dates Off Market Date: Mon May 19 2025 |
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MLS Status: Closed |
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Direction & Address City: Redding |
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Lot Area: 8276.4 sqft |
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Mls Number: 24-2993 |
Last check for updates: about 3 hours ago
Listed by Chris Haedrich, (530) 351-1160
Capital Rivers Commercial
Bought with: NON MEMBER, Non Member
Source: SMLS, MLS#24-2993

Price History for 120 Masonic Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 05/19/2025 | $716,000 | Sold | SMLS #24-2993 |
| 12/06/2024 | $711,000 | Pending | SMLS #24-2993 |
| 08/05/2024 | $711,000 | PriceChange | SMLS #24-2993 |
| 07/09/2024 | $746,000 | Listed For Sale | SMLS #24-2993 |
Comparable Sales for 120 Masonic Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.26 | Multi-Family Home | $650,000 | 11/19/25 | 8 | 8 | - | |
0.21 | Multi-Family Home | $607,000 | 12/26/25 | 9 | 5 | - | |
0.29 | Multi-Family Home | $370,000 | 04/20/26 | 6 | 3 | - | |
1.16 | Multi-Family Home | $595,000 | 05/26/26 | 8 | 5 | 3,528 | |
0.72 | Multi-Family Home | $514,000 | 01/30/26 | 6 | 6 | - | |
0.66 | Multi-Family Home | $515,000 | 12/15/25 | 6 | 4 | - | |
0.95 | Multi-Family Home | $500,000 | 12/31/25 | 6 | 4 | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 120 Masonic Ave.
What Locals Say about Redding
At least 633 Trulia users voted on each feature.
89 % Say car is needed
87 % Say parking is easy
84 % Say it's dog friendly
82 % Say yards are well-kept
73 % Say there's holiday spirit
69 % Say there are sidewalks
58 % Say it's quiet
57 % Say kids play outside
55 % Say neighbors are friendly
55 % Say streets are well-lit
54 % Say there's wildlife
47 % Say people would walk alone at night
45 % Say they plan to stay for at least 5 years
40 % Say it's walkable to grocery stores
33 % Say it's walkable to restaurants
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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Copyright Shasta Association of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.
Homes for rent near 120 Masonic Ave
120 Masonic Ave, Redding, CA 96003 is a 11 bedroom, 6 bathroom multi-family built in 1977. This property is not currently available for sale. 120 Masonic Ave was last sold on May 19, 2025 for $716,000 (1% higher than the asking price of $711,000). The current Trulia Estimate for 120 Masonic Ave is $705,800.

