$595,000
Redding, CA 96003
MLS# 26-4885
Status: Closed
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Property Description
One unit is currently vacant, with financials reflecting the three occupied units and a current gross scheduled income of approximately $46,620. This single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow, with three 2BD/1BA units at approximately 757 sq ft and one oversized 2BD/2BA unit at 1,028 sq ft with in-unit laundry hookups, plus a coin-operated community laundry room serving the other three units for added income. The vacant unit gives an owner-occupant buyer the opportunity to move in and rent out the remaining three units for immediate income. All four units have been recently refreshed with new flooring, paint, doors, and more. The 2BD/2BA unit received a full remodel, including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, and fresh paint. The single-story design eliminates stairs, balconies, and elevated decks, reducing maintenance and liability exposure. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping. This well-maintained, durable asset offers solid current income with a straightforward path to increased returns, a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located near shopping, dining, schools, and everyday amenities, it's a turnkey, income-producing property.
Details
Maps
Property Description
List Price: 629000
Parcel Number: 116-220-007-000
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 01-05 Years
Stories: 1
HOA/Association YN: No
Current Price: $595,000
Area: Redding NE
Subdivision: N/A
Year Built: 1979
Address Information
Street Suffix: Drive
Cross Street: Twinview
Street Number: 5574
Street Name: Mountain View
State/Province: CA
Postal Code: 96003
County: Shasta
Remarks
Public Remarks: One unit is currently vacant, with financials reflecting the three occupied units and a current gross scheduled income of approximately $46,620. This single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow, with three 2BD/1BA units at approximately 757 sq ft and one oversized 2BD/2BA unit at 1,028 sq ft with in-unit laundry hookups, plus a coin-operated community laundry room serving the other three units for added income. The vacant unit gives an owner-occupant buyer the opportunity to move in and rent out the remaining three units for immediate income.
All four units have been recently refreshed with new flooring, paint, doors, and more. The 2BD/2BA unit received a full remodel, including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, and fresh paint. The single-story design eliminates stairs, balconies, and elevated decks, reducing maintenance and liability exposure. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping.
This well-maintained, durable asset offers solid current income with a straightforward path to increased returns, a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located near shopping, dining, schools, and everyday amenities, it's a turnkey, income-producing property.
Directions: I-5, Twin View exit - east to Mountain View - Turn right. Complex on left.
Contract Information
Listing Contract Date: 2026-06-19
Status: Closed
List Date: 2026-09-11
Sold Date: 2026-10-08
Under Contract Date: 2026-09-30
Sold Price: $595,000
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: Yes
Unit Type
Four Plex: 1
Exterior
Stucco: 1
Foundation
Slab: 1
Parking
Detached Carport: 1
Guest: 1
# Attached Garage: 0
# Detached Garage: 0
# Attached Carport: 4
# Detached Carport: 0
Unit Description
2 Bedroom: 1
Miscellaneous
Lawn Sprinklers: 1
Laundry in Complex: 1
Smoke Detectors: 1
Kitchen
Counter Tops: Solid Surface
All Units Include
Air Conditioner: 1
Patio: 1
Storage: 1
Some Units Include
Fireplace: 1
Washer/Dryer Hookups: 1
Ownership
Owner RE Licensee: 1
Heating
Forced Air: 1
Cooling
Central: 1
Selling Terms
FHA: 1
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 1
SqFt: 757
Lease: Vacant
Unit 2
Unit #: 2
# Bedrooms: 2
# Baths: 1
Rent: 1295
SqFt: 757
Lease: 1 year
Unit 3
Unit #: 3
# Bedrooms: 2
# Baths: 2
Rent: 1295
SqFt: 1028
Lease: 1 year
Remarks: Fireplace & Laundry
Unit 4
Unit #: 4
# Bedrooms: 2
# Baths: 1
Rent: 1295
SqFt: 757
Lease: 1 year
Property Features
Unit Type: Four Plex
Exterior: Stucco
Parking: Detached Carport; Guest
Unit Description: 2 Bedroom
All Units Include: Air Conditioner; Patio; Storage
Foundation: Slab
Some Units Include: Fireplace; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Laundry in Complex; Smoke Detectors
Ownership: Owner RE Licensee
Selling Terms: FHA
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: October - 09 - 2026
Information deemed reliable but not guaranteed.