$579,000
Redding, CA 96002
MLS# 25-5339
Status: Closed
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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
Street Number: 550
Street Name: Parsons
State/Province: CA
Postal Code: 96002
County: Shasta
Property Description
Property Sub Type: Residential Income
List Price: 579000
Parcel Number: 107-490-011-000
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 01-05 Years
Stories: 1
Current Price: $579,000
Area: 03 - SE Redding
Subdivision: N/A
Year Built: 1972
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: 2025-12-09
Sold Date: 2026-03-06
Under Contract Date: 2026-01-28
Sold Price: $579,000
How to Show
SH Sntrilck Bluetooth: Yes
LBX Notice in Doc's: No
Unit Type
Triplex: 1
Exterior
Wood: 1
Parking
Carport: 1
Unit Description
3 + Bedroom: 1
All Units Include
Air Conditioner: 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
FHA/VA: 1
Submit: 1
Selling Terms
VA: 1
Existing Rntl Terms
Month to Month: 1
Property Features
Unit Type: Triplex
Exterior: Wood
Parking: Carport
Unit Description: 3 + Bedroom
All Units Include: Air Conditioner
Heating: Forced Air
Cooling: Central
Ownership: Seller
Existing Rntl Terms: Month to Month
Available Terms: All Cash to Seller; Cash; Cash to New Loan; FHA/VA; Submit
Selling Terms: VA
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: March - 13 - 2026
Information deemed reliable but not guaranteed.