1224 Hawthorne Ave
Redding, CA 96002
$319,000
3 bd · 2 ba · 1,434 sqft · Listed 1d ago
View on Realtor.com →Year built
1980
Sqft
1,434
Lot sqft
9,583
HOA / mo
$0
Furnished
No
List date
2026-10-10T16:03:50.000000Z
Revenue
Annual revenue
$34,577
ADR
$136
Occupancy
70%
Cleaning fees (12 mo)
$5,053
Confidence
Med (58.29), 15 comps
Comp revenue range (p25 / median / p75)
Median revenue of shown comps: $32,958
Pineland Getaway ~ 4 Queens, 2 Twins
Vacation home · 3 bd · 2 ba · sleeps 6 · 0.3 mi
Revenue $39,649ADR $198Occ ≈ 55%4.8★ (103)
Renovated 3-Bedroom Mid Century Home
House · 3 bd · 2 ba · sleeps 6 · 0.4 mi
Revenue $19,000ADR $227Occ ≈ 23%4.3★ (4)
Oh Joy! 3 beds 2 baths Organic Avocado mattress
House · 3 bd · 2 ba · sleeps 6 · 0.5 mi
Revenue $36,297ADR $210Occ ≈ 47%4.7★ (46)
Relaxing Home 15 mins to Lake
House · 3 bd · 2.5 ba · sleeps 6 · 0.5 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +4
Revenue $34,016ADR $132Occ ≈ 71%4.9★ (36)
Contractor Friendly 3 Bdrm Townhomes - 30 day
Apartment · 3 bd · 1.5 ba · sleeps 7 · 0.5 mi
Revenue $23,962ADR $88Occ ≈ 75%—
Delisted
Cozy Redding Home Close to Just About Everything
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $18,180ADR $137Occ ≈ 36%4.8★ (182)
Warm and Cozy Redding Home
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $32,485ADR $142Occ ≈ 63%4.9★ (230)
Old-Time Country Getaway in Redding
Townhouse · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $28,111ADR $163Occ ≈ 47%4.9★ (135)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
* * *Pineland Place* * * House
| 3 bd · 2 ba · sleeps 6 | $53,208 | $221 | 66% | 4.8★ (178) | 0.2 mi | AirbnbVrbo |
Pineland Getaway ~ 4 Queens, 2 Twins Vacation home | 3 bd · 2 ba · sleeps 6 | $39,649 | $198 | 55% | 4.8★ (103) | 0.3 mi | Airbnb |
Renovated 3-Bedroom Mid Century Home House | 3 bd · 2 ba · sleeps 6 | $19,000 | $227 | 23% | 4.3★ (4) | 0.4 mi | Airbnb |
* * *Carpenter Lane* * * House
| 3 bd · 2 ba · sleeps 6 | $55,575 | $211 | 72% | 4.9★ (226) | 0.4 mi | AirbnbVrbo |
Oh Joy! 3 beds 2 baths Organic Avocado mattress House | 3 bd · 2 ba · sleeps 6 | $36,297 | $210 | 47% | 4.7★ (46) | 0.5 mi | Booking |
Relaxing Home 15 mins to Lake House
| 3 bd · 2.5 ba · sleeps 6 | $34,016 | $132 | 71% | 4.9★ (36) | 0.5 mi | Airbnb |
Contractor Friendly 3 Bdrm Townhomes - 30 day Apartment | 3 bd · 1.5 ba · sleeps 7 | $23,962 | $88 | 75% | — | 0.5 mi | Delisted |
Cozy Redding Home Close to Just About Everything House
| 3 bd · 2.5 ba · sleeps 8 | $18,180 | $137 | 36% | 4.8★ (182) | 0.6 mi | Airbnb |
Warm and Cozy Redding Home House
| 3 bd · 2.5 ba · sleeps 8 | $32,485 | $142 | 63% | 4.9★ (230) | 0.6 mi | Airbnb |
Old-Time Country Getaway in Redding Townhouse
| 3 bd · 2.5 ba · sleeps 8 | $28,111 | $163 | 47% | 4.9★ (135) | 0.6 mi | Airbnb |
Show 5 more
Large Redding Home Away From Home
House · 3 bd · 2.5 ba · sleeps 8 · 0.6 mi
- A/C
- Free parking
- Pets OK
- Wifi
- +3
Revenue $31,882ADR $140Occ ≈ 62%4.9★ (146)
Spacious Cozy Redding Home
House · 3 bd · 2.5 ba · sleeps 10 · 0.6 mi
Revenue $4,680ADR $780Occ ≈ 2%4.8★ (88)
Delisted
Redding Escape for Large Family
Townhouse · 3 bd · 2 ba · sleeps 6 · 0.6 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $32,958ADR $177Occ ≈ 51%4.9★ (234)
Redding Escape for Large Family #2
Townhouse · 3 bd · 2 ba · sleeps 6 · 0.7 mi
- A/C
- Free parking
- Wifi
- Kitchen
- +1
Revenue $33,139ADR $180Occ ≈ 50%4.9★ (226)
| Listing | Size | Revenue (12 mo) | ADR | Occ ≈ | Rating | Distance | Links |
|---|---|---|---|---|---|---|---|
Large Redding Home Away From Home House
| 3 bd · 2.5 ba · sleeps 8 | $31,882 | $140 | 62% | 4.9★ (146) | 0.6 mi | Airbnb |
Spacious Cozy Redding Home House | 3 bd · 2.5 ba · sleeps 10 | $4,680 | $780 | 2% | 4.8★ (88) | 0.6 mi | Delisted |
Redding Escape for Large Family Townhouse
| 3 bd · 2 ba · sleeps 6 | $32,958 | $177 | 51% | 4.9★ (234) | 0.6 mi | Airbnb |
* * *Casa Vereda (Trail House)* * * House
| 3 bd · 2 ba · sleeps 6 | $51,777 | $213 | 67% | 4.8★ (149) | 0.7 mi | AirbnbVrbo |
Redding Escape for Large Family #2 Townhouse
| 3 bd · 2 ba · sleeps 6 | $33,139 | $180 | 50% | 4.9★ (226) | 0.7 mi | Airbnb |
Revenue and nightly rate (ADR) are trailing-12-month figures per listing. Occupancy is estimated as revenue ÷ ADR ÷ 365 and can read high when revenue includes cleaning fees.
Cash flow calculator
Rate 8.15% = 7.40% Freddie Mac 30-yr avg (Oct 8) + 0.75% investor premium
Est. revenue
$34,577
NOI
$15,320
Cash flow /mo
-$504
Cash needed
$112,010
Cash-on-cash
-5.4%
ROE (yr 1)
4.9%
Cap rate
4.8%
DSCR
0.72
Year-1 write-off
$90,194
Year-1 tax shield @ 32%
$28,862
Year-1 return on equity
- Cash flow (annual)-$6,047
- Principal paydown$1,940
- Appreciation at%$9,570
Tax savings aren't counted. Turn on “Count tax savings in returns” above if you can use the losses.
Opex, cash-needed & tax-savings breakdown
Annual operating expenses
- Management (20% of revenue)$6,915
- Platform fees (3% of revenue)$1,037
- Maintenance / capex (5% of revenue)$1,729
- Utilities & supplies$4,200
- HOA$0
- Property tax$3,988
- Insurance (STR-rated)$1,866
Cash needed to close
- Down payment (25%)$79,750
- Closing costs (4.0%)$12,760
- Furnishing (bought new)$19,500
Tax savings if the STR loophole applies
- Tax shield @ 32%$28,862
Property tax, insurance rate and the land/building split come from this listing's county tax record; other assumptions match the daily feed (see tasks/plan.md).
The write-off comes from the cost segregation estimate below. Not tax advice.
Cost segregation estimate
An estimate from the listing: every part of the home is priced from national construction costs, less wear for age, and the price (less land) is spread over the parts in proportion. The headline is what a typical cost seg study would claim for this property. The answers below are optional refinements.
Depreciable basis
$235,000
Short-life (5/15-yr)
$71,000 · 30%
Year-1 deduction
$90,000
Year-1 tax shield @ 32%
$29,000
Land 26% (county tax record, assessed value split) · building $165,000 over 39 years · new furniture $20,000
Based on: 1,434 sq ft, built 1980, 3 bd / 2 ba, unfurnished, listing features (covered patio, fireplace, flooring types).
Try the cost segregation calculator on any property →
IRS-guide safe-harbor floor: $73,000 in year 1 (22% short-life, $23,000 tax shield), the conservative amount following the IRS audit guide's residential classification table.
- $7,200
Kitchen cabinetsdefault
$8,900 new × 40% good × 2.00 allocation
- $5,900
Kitchen countertopsdefault
$7,300 new × 40% good × 2.00 allocation
- $2,000
Decorative trimdefault
$2,500 new × 40% good × 2.00 allocation
- $200
Mirrorsdefault
$300 new × 40% good × 2.00 allocation
- $1,000
Shelvingdefault
$1,200 new × 40% good × 2.00 allocation
- $2,800
Window coverings (14)default
$3,500 new × 40% good × 2.00 allocation
- $7,400
Carpet, vinyl & laminate (100% of floors)listing
$9,200 new × 40% good × 2.00 allocation
- $5,600
Kitchen & laundry equipment plumbingdefault
$7,000 new × 40% good × 2.00 allocation
- $3,400
Kitchen, laundry & data equipment electricaldefault
$4,200 new × 40% good × 2.00 allocation
- $6,500
Appliances (range, microwave, dishwasher, disposal, refrigerator, washer, dryer)default
$8,100 new × 40% good × 2.00 allocation
- $19,500
Furniture bought newlisting
$19,500 new × 100% good · bought separately
- $7,900
Paving: driveway & walks (paved)default
$7,900 new × 50% good × 2.00 allocation
- $7,600
Landscaping (typical)default
$7,600 new × 50% good × 2.00 allocation
- $11,800
Covered patiolisting
$11,800 new × 50% good × 2.00 allocation
- $1,400
Decks & porches (attached)default
$1,400 new × 50% good × 2.00 allocation
- $124,300
Structure: foundation, framing, walls, windows, doors, roof, interior finishesdefault
$155,200 new × 40% good × 2.00 allocation
- $12,900
Building plumbing & fixturesdefault
$16,100 new × 40% good × 2.00 allocation
- $12,400
Building electrical & lightingdefault
$15,400 new × 40% good × 2.00 allocation
- $12,900
HVACdefault
$16,200 new × 40% good × 2.00 allocation
- $2,100
Fireplacelisting
$2,600 new × 40% good × 2.00 allocation
About the property
Depreciation schedule: typical cost seg study
| Year | 5-yr | 15-yr | Building | Total |
|---|---|---|---|---|
| 1 | $61,300 | $28,700 | $200 | $90,200 |
| 2 | $0 | $0 | $4,200 | $4,200 |
| 3 | $0 | $0 | $4,200 | $4,200 |
| 4 | $0 | $0 | $4,200 | $4,200 |
| 5 | $0 | $0 | $4,200 | $4,200 |
| 6+ | $0 | $0 | $147,500 | $147,500 |
| Total | $61,300 | $28,700 | $164,600 | $254,600 |
Model-based estimate, not an engineered cost segregation study. The IRS doesn’t approve studies; get a professional study before filing. Using these losses against W-2 income needs the short-term rental exception (average stay ≤7 days + material participation). The 39-year building life applies because stays average under 30 days, a separate test (27.5 years for a long-term rental). Federal only: California, Georgia and Wisconsin disallow bonus depreciation, Ohio adds back 5/6 of it, and Tennessee has no personal income tax. Not tax advice.
Market note
Rules differ by jurisdiction. City of Redding caps whole-home vacation rentals at 400 with a 600 ft spacing rule (300 ft with a physical buffer), and its permit is NOT transferable to a new owner. Shasta Lake city and unincorporated Shasta County allow permitted rentals with no cap found, but permits also do not transfer on sale. Lodging tax ~10% plus a 2% tourism assessment in Redding. Verify parcel eligibility with the city or county before you buy.