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Key Details
Sold Price $618,500
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SN24102364
Year Built 1971
Lot Size 1.480 Acres
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 the house, 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 R1T
Interior
Heating Central
Cooling Central Air
Fireplaces Type Living Room
Laundry See Remarks
Exterior
Parking Features Circular Driveway, Covered, Carport, Garage, RV Potential
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Fishing, Hunting, Rural
Utilities Available Electricity Connected
Building
Lot Description Front Yard
Story 1
Sewer Septic Tank
Water Public, Well
New Construction No
Others
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Bought with Efren Robinson • Efren Robinson, Broker