$4,000,000
Redding, CA 96002
MLS# 26-1483
1 / 37
Property Description
Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy. The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand. With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.
Details
Maps
Address Information
Street Suffix: Street
Cross Street: Saginaw St.
Street Number: 3140
Street Name: C
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
List Price: 4000000
Parcel Number: 070-270-024-000
Lot Dim or Acres: 1.73
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Stories: 2
Current Price: $4,000,000
Area: 04 - SW Redding
Subdivision: N/A
Year Built: 1981
Remarks
Public Remarks: Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy.
The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand.
With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.
Directions: From Cypress and Hartnell, Go right on Hartnell through Bechelli intersection, Go Right on C St. Complex on Right.
Contract Information
Listing Contract Date: 2026-03-20
Status: Active
List Date: 2026-04-02
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: Yes
Unit Type
5 or More: 1
Exterior
Stucco: 1
Wood: 1
Parking
Assigned: 1
Garage: 1
# Spaces Garage: 6
Guest: 1
# Spaces Carport: 0
On Street: 1
Unit Description
1 Bedroom: 1
2 Bedroom: 1
Miscellaneous
Lawn Sprinklers: 1
Laundry in Complex: 1
Pool: 1
All Units Include
Air Conditioner: 1
Some Units Include
Balcony/Deck: 1
Patio: 1
Ownership
Seller: 1
Heating
Electric: 1
Cooling
Central: 1
Available Terms
All Cash to Seller: 1
Cash to New Loan: 1
Possession
Close of Escrow: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 1
Rent: 925
Deposit: 1000
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1
Rent: 915
Deposit: 1000
Unit 3
Unit #: 3
# Bedrooms: 2
Rent: 960
Deposit: 1000
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 925
Deposit: 1000
Unit 5
Unit #: 8
# Bedrooms: 2
# Baths: 1
Rent: 925
Deposit: 1000
Unit 6
Unit #: 9
# Bedrooms: 2
# Baths: 1
Rent: 960
Unit 7
Unit #: 10
Bed: 2
Bath: 1
Rent: 925
Deposit: 1000
Unit 8
Unit #: 11
Bed: 2
Bath: 1
Rent: 875
Deposit: 1000
Property Features
Unit Type: 5 or More
Exterior: Stucco; Wood
Parking: Assigned; Assigned; On Street; Garage; Guest; On Street
Unit Description: 1 Bedroom; 2 Bedroom
All Units Include: Air Conditioner
Some Units Include: Balcony/Deck; Patio
Heating: Electric
Cooling: Central
Miscellaneous: Lawn Sprinklers; Laundry in Complex; Pool
Ownership: Seller
Available Terms: All Cash to Seller; Cash to New Loan
Possession: Close of Escrow
IDX
Listing Office: Wahlund & Co. Realty Group
Co Office Name: Wahlund & Co. Realty Group
Co Listing Agent: Tom Brown
Last Updated: April - 06 - 2026
Information deemed reliable but not guaranteed.