$995,000
Redding, CA 96002
MLS# 26-2309
1 / 19
Property Description
A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.
Details
Maps
Address Information
Street Suffix: Lane
Cross Street: Lofty Oak
Street Number: 1299
Street Name: Heavenly Oak
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
List Price: 995000
Parcel Number: 068-730-034-000
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 01-05 Years
Stories: 1
Current Price: $995,000
Area: 03 - SE Redding
Subdivision: N/A
Year Built: 2007
Remarks
Public Remarks: A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.
Directions: I5 South to South Bonnyview/Churn Creek Exit. Left onto S. Bonnyview which turns into Churn Creek Rd. Left onto Alrose Lane which turns into Lofty Oak Dr. Left onto Heavenly Oak. Property is on the corner of Heavenly and Lofty Oak.
Contract Information
Listing Contract Date: 2026-05-15
Status: Active
List Date: 2026-05-15
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Parking
# Spaces Garage: 2
# Spaces Carport: 0
Unit 1
Unit #: A
# Bedrooms: 3
# Baths: 2.5
Rent: 1747
SqFt: 1153
Unit 2
Unit #: B
# Bedrooms: 2
# Baths: 2.5
Rent: 1547
SqFt: 1084
Unit 3
Unit #: C
# Bedrooms: 2
# Baths: 2.5
Rent: 1414
SqFt: 1084
Unit 4
Unit #: D
# Bedrooms: 2
# Baths: 2.5
Rent: 1609
SqFt: 1084
Property Features
IDX
Listing Office: Realty 110, Inc.
Last Updated: May - 15 - 2026
Information deemed reliable but not guaranteed.