$579,000
Redding, CA 96002
MLS# 25-5273
Status: Closed
3 beds | 1 baths | 1040 sqft
1 / 30
Property Description
Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.
Details
Maps
Address Information
Street Suffix: Drive
Cross Street: Bechelli Ln
Street Number: 550
Street Name: Parsons
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Property Sub Type: Single Family
Scope of Service: Full Service Listing
List Price: 579000
Parcel Number: 107-490-011-000
Approx. Acres: 0.39
Acres Range: 1/4 - 1/2 Acres
Yr Blt Description: 30+
Approx. SqFt.: 1040
Total Full Baths: 3
Current Price: $579,000
Area: 03 - Redding SE
Year Built: 1972
Total Bedrooms: 3
Total Bathrooms: 1
Total Half Baths: 1
Remarks
Public Remarks: Situated in a prime central Redding location, this multifamily property features three detached homes on one lot with strong rent appeal and excellent investment potential. With a current scheduled gross income of $70,800 annually, this asset functions like a turnkey triplex but with the added benefit of three stand-alone residences, each offering privacy and strong tenant demand. Two homes are 1,040 sq. ft. and the third is 840 sq. ft., and every unit includes 3 bedrooms, 1.5 baths, a private carport, indoor laundry hookups, and central heat and air, Roofs on units 550 & 552 were replaced in 2020. All homes are fully electric and connected to City of Redding water, sewer, and utilities. Just minutes from the Costco Shopping Center.
Directions: Bechelli to Parsons
Contract Information
Listing Contract Date: 2025-12-02
Status: Closed
List Date: 2025-12-03
Sold Price: $579,000
Sold Date: 2026-03-06
Under Contract Date: 2026-01-28
Lockbox
Bluetooth: Yes
Under Construction: No
SELM Filed on Listing
Filed on Listing: No
Dining
Dining Area: 1
Style
Traditional: 1
Lot Description
Level: 1
Story
One: 1
Lot Features
3 or more: 1
View
None: 1
Exterior
Wood: 1
Roof
Comp: 1
Foundation
Raised: 1
Pool
None: 1
Parking
Off Street: 1
# Attached Garage: 0
# Detached Garage: 0
# Attached Carport: 1
# Detached Carport: 0
Fireplace
None: 1
Bath
Other: 1
Additional Rooms
None: 1
Kitchen
Counter Tops: Solid Surface
Range/Oven: 1
Misc. Amenities
Laundry: Hook-ups
Bonds
HOA: None
Heat
Forced Air: 1
Water
Public: 1
Electric
Redding Electric Utility: 1
Cool
Central: 1
Cable
Area: 1
Waste
Sewer: 1
Available Terms
All Cash to Seller: 1
Conventional Loan: 1
Cash: 1
Cash to New Loan: 1
FHA/VA: 1
FHA: 1
VA: 1
Possession
Arrange: 1
Selling Terms
VA: 1
Solar
Solar Power: No
Road
Gravel: 1
Property Features
Dining: Dining Area
Style: Traditional
Lot Description: Level
Story: One
Lot Features: 3 or more
Roof: Comp
Exterior: Wood
Pool: None
View: None
Bath: Other
Parking: Off Street; Off Street
Additional Rooms: None
Fireplace: None
Kitchen: Range/Oven
Foundation: Raised
Heat: Forced Air
Electric: Redding Electric Utility
Cool: Central
Waste: Sewer
Water: Public
Available Terms: Conventional Loan; All Cash to Seller; Cash; Cash to New Loan; FHA/VA; FHA; VA
Possession: Arrange
Selling Terms: VA
Road: Gravel
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: March - 13 - 2026
Information deemed reliable but not guaranteed.