2962 Lanning Ave
Redding, CA 96001
- Studio
Studio
Local Information
© Google
-- mins to
Description
TURN-KEY with an incredible investment return of 8% CAP Rate & over $49,000 in gross annual income.! Exceptional property offering 3 INCOME STREAMS with little to no maintenance and VERY LOW landlord expenses! This unique TRI-PLEX includes a spacious single-family home and a freshly RENOVATED Duplex, perfect for extended family or CASH FLOW. The single-family home has a open floor plan, featuring 3 generously sized bedrooms, a spacious bathroom, indoor laundry, private backyard & garage, PLUS a newer roof & HVAC. The duplex, meticulously redesigned from the studs, offers brand-new interiors and exteriors, complete with new Kitchens, New Bathrooms, New Floors, New Appliances, NEW AC units & a NEW roof. Don't miss this rare opportunity!
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 November 28, 2024
Home Highlights
Parking
Open Parking
Outdoor
No Info
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 2962 Lanning Ave
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Gas & Electric No Electric on Property |
Levels, Entrance, & Accessibility Stories: 1 |
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Parking & Garage Has Open ParkingParking: Off Street,On Street |
Frontage Not on Waterfront |
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Year Built Year Built: 1943 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 104230028000 |
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Price List Price: $495,000 |
Status Change & Dates Off Market Date: Thu Aug 29 2024Possession Timing: Arrange |
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MLS Status: Closed |
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Direction & Address City: Redding |
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Lot Area: 10454 sqft |
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Listing Terms: Cash, FHA/VA |
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Business Information Ownership: Seller |
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Mls Number: 24-2229 |
Last check for updates: about 16 hours ago
Listed by Nick Kerley, (530) 242-4114
Realty 110, Inc.
Kimberly A Moore, (530) 355-2538
Realty 110, Inc.
Bought with: Estephanie A Feeney, (530) 604-3951, Shasta Sotheby's International Realty
Source: SMLS, MLS#24-2229

Price History for 2962 Lanning Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 08/29/2024 | $485,000 | Sold | SMLS #24-2229 |
| 07/28/2024 | $495,000 | Contingent | SMLS #24-2229 |
| 07/17/2024 | $495,000 | PriceChange | SMLS #24-2229 |
| 07/10/2024 | $499,000 | PendingToActive | SMLS #24-2229 |
| 07/03/2024 | $499,000 | Contingent | SMLS #24-2229 |
| 05/21/2024 | $499,000 | Listed For Sale | SMLS #24-2229 |
| 09/29/2023 | $262,500 | Sold | SMLS #23-2922 |
| 07/22/2023 | $332,500 | Listed For Sale | SMLS #23-2922 |
| 09/25/2020 | $166,500 | Sold | SMLS #18-3628 |
| 03/18/2019 | $165,000 | ListingRemoved | Agent Provided |
| 03/10/2019 | $165,000 | Pending | Agent Provided |
| 03/06/2019 | $165,000 | PriceChange | Agent Provided |
| 01/25/2019 | $199,000 | PriceChange | Agent Provided |
| 11/24/2018 | $210,000 | PriceChange | Agent Provided |
| 06/22/2018 | $225,000 | Listed For Sale | Agent Provided |
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $5,091 |
| Assessment | $485,000 |
Home facts updated by county records
Comparable Sales for 2962 Lanning Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.68 | Multi-Family Home | $1,250,000 | 03/16/26 | 13 | - | - | |
0.65 | Multi-Family Home | $471,000 | 01/28/26 | - | - | ||
1.31 | Multi-Family Home | $750,000 | 11/26/25 | 8 | 7 | - | |
1.08 | Multi-Family Home | $685,000 | 09/10/25 | - | - |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2962 Lanning 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 2962 Lanning Ave
2962 Lanning Ave, Redding, CA 96001 is a studio multi-family built in 1943. This property is not currently available for sale. 2962 Lanning Ave was last sold on Aug 29, 2024 for $485,000 (2% lower than the asking price of $495,000). The current Trulia Estimate for 2962 Lanning Ave is $496,700.

