$875,000
Redding, CA 96003
MLS# 25-1518
Status: Closed
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Property Description
One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside. Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare. In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher. Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding. Opportunities like this don't come around often
Details
Maps
Address Information
Street Suffix: Drive
Cross Street: Carson Drive
Street Number: 20522
Street Name: Old 44
State/Province: CA
Postal Code: 96003
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 949000
Parcel Number: 111-100-015-000
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 1
Current Price: $875,000
Area: 02 - NE Redding
Subdivision: N/A
Year Built: 1971
Remarks
Public Remarks: One-of-a-Kind Investment Property - 7 Homes on Nearly 9 Acres in Redding
Don't miss this rare opportunity to own a truly unique income-producing property just minutes from town! Situated on just under 9 acres in a peaceful country setting, this remarkable investment features 7 well-maintained homes and 4 rentable storage units with room for upside.
Each home offers a comfortable residential atmosphere with newer roofs, modern mini-split HVAC systems, and updated appliances—making them highly desirable for long-term tenants. Demand is consistently strong, and vacancies are rare.
In addition to the stable rental income from the homes, there's untapped potential in the four storage units, which can be leased for additional monthly revenue—pushing returns even higher.
Whether you're a seasoned investor or looking to expand your portfolio, this property presents an exceptional opportunity to generate attractive cash flow and a strong CAP rate in a desirable, semi-rural location close to all the amenities of Redding.
Opportunities like this don't come around often
Directions: Old 44 East
Contract Information
Listing Contract Date: 2025-04-10
Status: Closed
List Date: 2025-04-11
Sold Date: 2025-08-08
Under Contract Date: 2025-08-05
Sold Price: $875,000
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Unit Type
5 or More: 1
Parking
Carport: 1
Off Street: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
All Units Include
Air Conditioner: 1
Some Units Include
Washer/Dryer Hookups: 1
Ownership
Seller: 1
Heating
Heat Pump: 1
Cooling
Heat Pump: 1
Selling Terms
Owner Carry 1st: 1
Property Features
Unit Type: 5 or More
Parking: Off Street; Carport; Off Street
Unit Description: 1 Bedroom; 2 Bedroom
All Units Include: Air Conditioner
Some Units Include: Washer/Dryer Hookups
Heating: Heat Pump
Cooling: Heat Pump
Ownership: Seller
Selling Terms: Owner Carry 1st
IDX
Listing Office: Realty 110, Inc.
Co Office Name: Realty 110, Inc.
Co Listing Agent: Kimberly Moore
Last Updated: January - 22 - 2026
Information deemed reliable but not guaranteed.