$1,100,000
Redding, CA 96001
MLS# 26-2214
1 / 58
Property Description
Multi-Family Investment Opportunity! Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities. The property includes mixed units consisting of: 1 three-bedroom unit 2 two-bedroom units 5 one-bedroom units 4 studio apartments This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room. Carwash The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential. Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle. Additional highlights include separately metered units for added management efficiency and tenant convenience.
Details
Maps
Address Information
Street Suffix: Way
Cross Street: Rose Ave
Street Number: 1933
Street Name: Eureka
State/Province: CA
Postal Code: 96001
County: Shasta
Property Description
List Price: 1100000
Parcel Number: 105-410-011-000
Addl. Parcel Number: 105-410-011 = 1933
105-410-003. = 1208
105-410-004 = 1214
105-410-005 = 1220-1240
Lot Dim or Acres: 0.67
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
Current Price: $1,100,000
Area: 04 - SW Redding
Subdivision: N/A
Year Built: 1948
Remarks
Public Remarks: Multi-Family Investment Opportunity!
Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities.
The property includes mixed units consisting of:
1 three-bedroom unit
2 two-bedroom units
5 one-bedroom units
4 studio apartments
This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room.
Carwash
The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential.
Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle.
Additional highlights include separately metered units for added management efficiency and tenant convenience.
Directions: West Eureka Way, just past Court St.
Carwash across from Subway sandwich shop.
Contract Information
Listing Contract Date: 2026-05-11
Status: Active
List Date: 2026-05-11
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Unit Type
5 or More: 1
Exterior
Shingle: 1
Stucco: 1
Wood: 1
Parking
Not Assigned: 1
# Spaces Garage: 0
# Spaces Carport: 0
Off Street: 1
On Street: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
3 + Bedroom: 1
Studio: 1
Miscellaneous
Laundry in Complex: 1
Smoke Detectors: 1
All Units Include
Refrigerator: 1
Some Units Include
Air Conditioner: 1
Balcony/Deck: 1
Drapes: 1
Refrigerator: 1
Washer/Dryer Hookups: 1
Ownership
Owner RE Licensee: 1
Heating
Electric: 1
Furnace Wall: 1
Gas: Natural
Cooling
Evaporative: 1
Window: 1
Available Terms
All Cash to Seller: 1
Expense Data Source
Estimate: 1
Possession
Close of Escrow: 1
Photo
Agent Upload: 1
Owner Expenses
Electric: 1
Water: 1
Sewer: 1
Existing Rntl Terms
Lease: 1
Written Lease: Yes
Documents
Lead Based Paint: 1
Property Features
Unit Type: 5 or More
Exterior: Shingle; Stucco; Wood
Parking: Off Street; On Street; Not Assigned; Off Street; On Street
Unit Description: 1 Bedroom; 2 Bedroom; 3 + Bedroom; Studio
All Units Include: Refrigerator
Some Units Include: Air Conditioner; Balcony/Deck; Drapes; Refrigerator; Washer/Dryer Hookups
Heating: Electric; Furnace Wall
Cooling: Evaporative; Window
Miscellaneous: Laundry in Complex; Smoke Detectors
Ownership: Owner RE Licensee
Owner Expenses: Electric; Sewer; Water
Expense Data Source: Estimate
Available Terms: All Cash to Seller
Possession: Close of Escrow
Photo: Agent Upload
Documents: Lead Based Paint
IDX
Listing Office: Northstate Real Estate Professionals
Last Updated: May - 29 - 2026
Information deemed reliable but not guaranteed.