725-735 Lakeside Dr - Apartments FOR SALE


Red Bluff, CA 96080
$2,500,000 USD
916-303-0133
725-735 Lakeside Dr, Red Bluff, CA for Sale
$2,500,000 USD
Apartments - FOR SALE
1/13
null | 5.27% Cap Rate

725-735 Lakeside Dr
Red Bluff, CA 96080


HIGHLIGHTS

  • Built in 2010 with up-to date infrastructure
  • Incredible unit mix of all 3 Bedroom units
  • W/D hook-ups & Central HVAC
  • Large lot with sufficient onsite parking.
  • Spacious open floor plans, modern kitchens, and ample storage
  • Balconies to enjoy the scenic location next to the Sacramento River Strong rental demand ideal for investors looking for stable cash flow

OVERVIEW

Excellent opportunity for an investor looking for rental upside on a beautiful apartment complex along the Sacramento River. 725-735 Lakeside Drive, Red Bluff features all (9) 3 Bedroom & 2 Bathroom units and (3) Bedroom & 1 Bathroom with spacious layouts between 900 to 1,000 SF, along with two balconies per apartment. The units are laid out perfectly for families or roommates to share the common areas yet still have privacy within their standalone bedrooms. Each bedroom boasts tons of natural lighting through the dual pane windows and sliding glass door leading to their balcony. The kitchens have an open concept and are equipped with appliances which include refrigerator, dishwashers, disposals, and microwave. The units feature durable premium laminate flooring, dual pane windows, central HVAC, and Washer/Dryer hook-ups with select units having stackable W/D. (6) units have washer and dryer stackable units, the remaining (6) have hookups for resident owned machines. Each apartment features central HVAC along with being separately metered for electric and gas. There's also a large onsite parking lot which was also resealed. At the moment, 9 out of 12 units are rented, making $10,050 per month (June 2025). One more unit will be rented by July at market rate. The last two units are vacant — one is being finished, and one needs remodeling. This apartment complex is in a quiet and peaceful neighborhood in Red Bluff, CA — less than 5 minutes from downtown. It is also very close to the Sacramento River, where people can go for walks, fishing, or even take a boat. It is a great place for people who like nature and fresh air. The Walk Score is 61 and the Bike Score is 53, so it is easy to move around even without a car. The rental market in Red Bluff is strong, with many people looking for good places to live. Workers, retirees, and small families are attracted to this area because its beautiful location next to the Sac River, easy accessibility from the I5, and walkable commercial amenities. There are good schools nearby, including: Antelope Elementary School (Grades K–5, rated 7 out of 10), Berrendos Middle School (Grades 6–8, rated 6 out of 10), Red Bluff High School (Grades 9–12, rated 7 out of 10) Tenants also live close to grocery stores, restaurants, banks, coffee shops, and gyms. That makes Lakeside Apartments a nice option for families and working professionals.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$208 USD /SF

# OF UNITS

12

PRICE/UNIT

$208,333

CAP RATE

5.27%

% LEASED

85%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great unit mix with rent upside

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2010

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

R3

APN/PARCEL ID

041-031-031-000,041-031-032-000

ASK ABOUT THIS PROPERTY

Adrian Del RioPCG CommercialMore Info
916-303-0133

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Adrian Del RioPCG CommercialMore Info
916-303-0133

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.