$924,500
Redding, CA 96001
MLS# 26-4036
1 / 24
Property Description
Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units. Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking. With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.
Details
Maps
Property Description
Garage Spaces: 6
List Price: 924500
Parcel Number: 105-050-002-000
Lot Dim or Acres: .19
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
HOA/Association YN: No
Current Price: $924,500
Area: 04 - SW Redding
Subdivision: N/A
Year Built: 1973
Address Information
Street Suffix: Avenue
Cross Street: Eureka Way
Street Number: 1114
Street Name: Orange
State/Province: CA
Postal Code: 96001
County: Shasta
Remarks
Public Remarks: Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units.
Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking.
With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.
Directions: Eureka Way to Orange Ave.
Contract Information
Listing Contract Date: 2026-08-18
Status: Active
List Date: 2026-08-19
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Unit Type
5 or More: 1
Parking
Attached Carport: 1
# Attached Garage: 0
# Detached Garage: 0
# Attached Carport: 6
# Detached Carport: 0
Unit Description
2 Bedroom: 1
3 + Bedroom: 1
Kitchen
Range/Oven: 1
Heating
Baseboard: 1
Cooling
Window: 1
Available Terms
All Cash to Seller: 1
Cash to New Loan: 1
Unit 1
Unit #: 1
# Bedrooms: 3
# Baths: 1
Rent: 1019
Deposit: 800
Parking: 1
Remarks: 2016
Unit 2
Unit #: 2
# Bedrooms: 3
# Baths: 1
Rent: 1019
Deposit: 750
Parking: 1
Remarks: 2014
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 1
Rent: 1064
Deposit: 1300
Parking: 1
Remarks: 2022
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 928
Deposit: 650
Remarks: 2015
Unit 5
Unit #: 5
# Bedrooms: 2
# Baths: 1
Rent: 1099
Deposit: 1099
Parking: 1
Remarks: 2026
Unit 6
Unit #: 6
# Bedrooms: 2
# Baths: 1
Rent: 1299
Deposit: 1299
Parking: 1
Remarks: 2026
Property Features
Unit Type: 5 or More
Parking: Attached Carport
Unit Description: 2 Bedroom; 3 + Bedroom
Kitchen: Range/Oven
Heating: Baseboard
Cooling: Window
Available Terms: All Cash to Seller; Cash to New Loan
IDX
Listing Office: Shasta Sotheby's International Realty
Last Updated: August - 19 - 2026
Information deemed reliable but not guaranteed.