Joseph Ave

Location: Located within the tight knit community of Dairyville, just 9 miles (S) of Red Bluff with Highway 99E frontage and is. The address is 24542 Joseph Avenue, Los Molinos, CA 96055.

Water: There are two wells on the property. A domestic well with 6” casing and submersible pump plus an irrigation well with 8” casing and larger submersible pump capable of irrigating both blocks within 3 sets. As to the irrigation well, Seller requires a “short-term” share agreement to irrigate Sellers adjoining 8 acres of walnuts.

Soils: The soils are rated Class 1 by the Natural Resources Conservation Service. They include VnA, Vina loam; Lk, Los Robles clay loam; and CmA, Columbia fine sandy loam. They are suited for walnuts or most any crop grown in Tehama County.

Home: Built in 1952, this 1,362 sqft home has 3 bedrooms, 1 bath, and a near complete basement. The great room is spacious with views of the orchard and drive- way. The dining room has sliding door access to the outside concrete patio. Through- out the home are various windows providing natural light. The spacious basement has concrete flooring and siding, a single room and has outside access via a glass sliding door. Landscaping includes mature shrubs and trees along the home’s perimeter, in addition to the surrounding orchard. This home is rented at $600 per month.

Shop: 1,250 sqft all-metal shop with concrete floor and power. The shop has (1) 12’ x 10’ roll-up door plus (1) man door.

2020 Walnuts: 8.6 acres were planted in 2020 to Chandler on paradox rootstock. The tree spacing is 25’ x 25’, 69 trees per acre. Irrigation is by well and solid set irrigation systemusingNelsonR10sprinklers. This young orchard is on-track to have its first harvest in 2025.

1990’s Walnuts: 2 acres were planted in the 1990s to Chandler on paradox rootstock. Tree spacing is 30’ x 30’, 48 trees per acre. Irrigation by buried drip tubing with PVC risers protecting the Nelson R10 sprinklers. Owner advises, annual average production for this orchard is around 5,000 in-shell lbs./acre.

Management: Seller will consider managing the orchard after close of escrow under terms negotiated during Buyer investigation.

Zoning: Tehama County just approved a Lot Line Adjustment (LLA) involving the 9.24 acre parcel number 045-080-016 & 2.00 acres of parcel number. When the LLA is recorded the new parcel for sale will total 11.24 +- acres. Zoning is AG-2, Valley Floor AG, 20 Acre minimum, no Williamson Act.

Mineral Rights: Oil, gas and minerals rights are included in the sale.

Depreciation: Improvements such as the producing trees, home, shop, and irrigation systems may offer deprecation advantages to a prospective Buyer.