$845,000
Redding, CA 96003
MLS# 26-3520
1 / 34
Property Description
Excellent investment opportunity with this well-maintained fourplex featuring four spacious 2-bedroom, 1.5-bath units, each thoughtfully designed with its own private garage, washer and dryer hookups, balcony, and fenced patio or yard--amenities that consistently attract and retain quality tenants. The property offers strong rental appeal with a functional layout that provides residents with the comfort and privacy of townhome-style living. Financials reflect gross scheduled income of approximately $59,940 annually, making this an attractive addition to any investment portfolio. Conveniently located close to shopping, dining, schools, and everyday amenities, this is a turnkey income-producing property with desirable features that set it apart.
Details
Maps
Documents
Property Description
List Price: 845000
Parcel Number: 071-340-040-000
Lot Dim or Acres: .29
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
HOA/Association YN: No
Current Price: $845,000
Area: 02 - NE Redding
Subdivision: N/A
Year Built: 1993
Address Information
Street Suffix: Drive
Cross Street: Lancers
Street Number: 1088
Street Name: Burton
State/Province: CA
Postal Code: 96003
County: Shasta
Remarks
Public Remarks: Excellent investment opportunity with this well-maintained fourplex featuring four spacious 2-bedroom, 1.5-bath units, each thoughtfully designed with its own private garage, washer and dryer hookups, balcony, and fenced patio or yard--amenities that consistently attract and retain quality tenants. The property offers strong rental appeal with a functional layout that provides residents with the comfort and privacy of townhome-style living. Financials reflect gross scheduled income of approximately $59,940 annually, making this an attractive addition to any investment portfolio. Conveniently located close to shopping, dining, schools, and everyday amenities, this is a turnkey income-producing property with desirable features that set it apart.
Directions: From I-5, take the Churn Creek Road exit and head east. Turn right onto Lancers Lane, then left onto Burton Drive. The property will be on the left.
Contract Information
Listing Contract Date: 2025-07-16
Status: Active
List Date: 2026-07-23
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Unit Type
Four Plex: 1
Exterior
Stucco: 1
Parking
Shared Driveway: 1
# Attached Garage: 4
# Detached Garage: 0
# Attached Carport: 0
# Detached Carport: 0
Unit Description
2 Bedroom: 1
Miscellaneous
Laundry in Complex: 1
Kitchen
Counter Tops: Solid Surface
Dishwasher: 1
Fuel Source: Natural Gas
Range/Oven: 1
All Units Include
Air Conditioner: 1
Balcony/Deck: 1
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
Possession
Arrange: 1
Owner Expenses
Water: 1
Garbage: 1
Tenant Expenses
Cable: 1
Electric: 1
Gas: 1
Existing Rntl Terms
Month to Month: 1
Lease: 2
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 1.5
Rent: 970
SqFt: 1100
Lease: Month-to-Month
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1.5
Rent: 1495
SqFt: 1100
Lease: 12/8/26
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 1.5
Rent: 1435
SqFt: 1100
Lease: 2/25/27
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1.5
Rent: 1095
SqFt: 1100
Lease: Month-to-Month
Property Features
Unit Type: Four Plex
Exterior: Stucco
Parking: Shared Driveway
Unit Description: 2 Bedroom
Kitchen: Dishwasher; Range/Oven
All Units Include: Air Conditioner; Balcony/Deck; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Laundry in Complex
Ownership: Seller
Owner Expenses: Garbage; Water
Tenant Expenses: Cable; Electric; Gas
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Arrange
Cash Flow 2026 Year-to-Date 
IDX
Listing Office: Josh Barker Real Estate
Last Updated: July - 23 - 2026
Information deemed reliable but not guaranteed.