Diamond Townhouses

For Sale

3420 W Center Street, Anderson, CA 96007

This Anderson property for sale is located at 3420 W Center Street. The general use of Diamond Townhouses is multi-family and it incorporates 11,340 square feet of class B multi-family space. The current listed sale price for Diamond Townhouses is $1,425,000. Diamond Townhouses is situated on a lot that is 0.64 acre in size.

Contacts

broker
Chris Haedrich

Capital Rivers Commercial

Property Details

  • Property Type Multi-Family
  • Property Size 11,340 SF
  • Units 12
  • Lot Size 0.64 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1977
  • Year Renovated 2024
  • Date Updated Feb 19, 2025
Situated just south of the Shasta District Fairgrounds, the property is conveniently close to Anderson Middle School, Anderson High School, and Anderson New Technology High School. Its location near Interstate 5 and Highway 273 provides easy access for commuters and residents, further increasing demand. With strong occupancy and attractive income potential, this property is a valuable addition to any portfolio.This updated multi-family property, built in 1977, consists of eleven (11) two-bedroom/one-bathroom units and one (1) three-bedroom/one-bathroom unit, all fully occupied and generating approximately $157,000 in annual gross rental income. With a cap rate over 6.5%, the property offers consistent returns and long-term investment potential. Located in Anderson, CA, it is within walking distance of local schools and major transportation routes, enhancing its appeal to tenants and investors. Recent upgrades, including full electrical panel replacements, ensure modern functionality and reduced maintenance needs.
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Highlights

  • Fully occupied with twelve units, including eleven two-bed/one-bath units and one three-bed/one-bath unit in Anderson, CA.
  • Priced at $118,750 per unit with a cap rate of over 6.5%.
  • Gross rental income of approximately $156,000 per year.
  • Recent upgrades, including full electrical panel replacement.
  • Year Built: 1977 (renovated in 2024)
  • Price: $1,425,000

Attachments

Getting around

  • 48/100

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  • 41/100

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Location

  • City Anderson, CA
  • Zip Code 96007

Points of Interest

  • Valero

    0.38 miles

  • ChargePoint

    0.59 miles

  • Safeway Fuel Station

    0.88 miles

  • Speedway

    0.90 miles

  • Shell

    1.38 miles

  • Arco

    1.64 miles

  • Chevron

    2.56 miles

  • TA

    3.87 miles

  • Tesla Supercharger

    4.55 miles

  • Clear Creek Road Park & Ride

    5.85 miles

  • China Gardens Trail

    5.98 miles

  • Cottonwood Park And Ride

    6.00 miles

  • China Gardens Trailhead

    6.01 miles

  • Gold Dredge Trailhead

    6.97 miles

  • Happy Valley Cemetery

    7.88 miles

  • Battle Creek Wildlife Area parking

    7.96 miles

  • Deschutes Road Park And Ride

    8.14 miles

  • Henderson Open Space

    8.73 miles

  • Clear Creek Gorge Trailhead

    8.90 miles

  • Motel 6 Anderson, CA - Redding Airport

    0.82 miles

  • Best Western Anderson Inn

    0.89 miles

  • Gaia Hotel & Spa Redding, Ascend Hotel Collection

    1.19 miles

  • Baymont Anderson

    1.36 miles

  • Win-River Casino Hotel

    5.46 miles

  • Super 8 by Wyndham Redding

    6.22 miles

  • Hilton Garden Inn

    6.34 miles

  • Capri Motel-Redding

    7.80 miles

  • Bridgeway Inn & Suites

    8.41 miles

  • Surestay Plus Hotel by Best Western Redding

    8.46 miles

  • Safeway

    0.96 miles

  • Grocery Outlet

    1.51 miles

  • Walmart Supercenter

    1.75 miles

  • Bob's Market

    2.58 miles

  • Kent's Meats & Groceries

    2.60 miles

  • Holiday Market

    4.62 miles

  • SAV-MOR Market

    6.12 miles

  • Save Mart

    6.44 miles

  • Burlington

    8.38 miles

  • Big Lots

    8.41 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Haedrich

Capital Rivers Commercial

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