$730,000
Redding, CA 96003
MLS# 25-41
Status: Closed
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Property Description
One of the best locations in Redding. Close to shopping and transportation. Two story 6-plex in popular location. Units are large two bedroom two bath. Ideal rental property with high tenant demand. Long term tenants. All units are month to month tenancies. Rents are low with room for increase, same owners since 2002. Coin-op laundry room. This will make a good addition to your investment portfolio.
Details
Maps
Address Information
Street Suffix: Lane
Cross Street: Churn Creek
Street Number: 1313
Street Name: Lancers
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 825000
Parcel Number: 071-370-008-000
GP Zone: RED 10-20 u/a - 10-20 dwelling units per acre
Zoning: RED - R-3 - Multiple Family Res Dist
Year Built Desc: 30+
Stories: 2
Current Price: $730,000
Area: 02 - NE Redding
Subdivision: N/A
Remarks
Public Remarks: One of the best locations in Redding. Close to shopping and transportation. Two story 6-plex in popular location. Units are large two bedroom two bath. Ideal rental property with high tenant demand. Long term tenants. All units are month to month tenancies. Rents are low with room for increase, same owners since 2002. Coin-op laundry room. This will make a good addition to your investment portfolio.
Directions: Churn Creek Road to east on Lancers Lane (across from Home Depot). Property is on the right on the corner of Lancers and Bundy Ct.
Contract Information
Listing Contract Date: 2025-01-04
Status: Closed
List Date: 2025-01-06
Sold Date: 2025-10-31
Under Contract Date: 2025-08-21
Sold Price: $730,000
Unit Type
5 or More: 1
Sub Zoning
Commercial: 1
Exterior
Stucco: 1
Parking
Not Assigned: 1
Off Street: 1
On Street: 1
Unit Description
2 Bedroom: 1
Miscellaneous
Smoke Detectors: 1
All Units Include
Air Conditioner: 1
Refrigerator: 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
Close of Escrow: 1
Selling Terms
Other: 1
Owner Expenses
Insurance: 1
Water: 1
Garbage: 1
Sewer: 1
Real Estate Tax: 1
Existing Rntl Terms
Month to Month: 1
Unit 1
# Bedrooms: 2
# Baths: 2
Rent: 962
Deposit: 850
Remarks: Hud
Unit 2
# Bedrooms: 2
# Baths: 2
Rent: 1025
Deposit: 900
Unit 3
# Baths: 2
Rent: 1025
Deposit: 1300
Unit 4
# Bedrooms: 2
# Baths: 2
Rent: 1025
Deposit: 1175
Unit 5
# Bedrooms: 2
# Baths: 2
Rent: 1025
Deposit: 950
Remarks: Hud
Unit 6
# Bedrooms: 2
# Baths: 2
Rent: 1025
Deposit: 1675
Property Features
Unit Type: 5 or More
Sub Zoning: Commercial
Exterior: Stucco
Parking: Off Street; On Street; Not Assigned; Off Street; On Street
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Refrigerator
Heating: Forced Air
Cooling: Central
Miscellaneous: Smoke Detectors
Ownership: Seller
Owner Expenses: Garbage; Insurance; Real Estate Tax; Sewer; Water
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Cash; Cash to New Loan
Possession: Close of Escrow
Selling Terms: Other
IDX
Listing Office: Real Brokerage Technologies
Last Updated: January - 30 - 2026
Information deemed reliable but not guaranteed.