1531 Mussel Shoals
Property Description
Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, and outdoor adventure. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located near local amenities, transportation, and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.
Broker Details
Huntington Harbour Real Estate (714) 317-5943
MLS ID: OCSUMMDAR State License Number: 01458761
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $450,000 |
| No. of Units: | 4 |
| Year Built: | 1979 |
| Opportunity Zone: | No |
| Price per unit: | $112,500 |
| Number of Bedrooms: | 7 |
| Number of Bathrooms: | 4 |
ID: 3yd-MRMLSCA-OC26196951
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