$649,000
Redding, CA 96003
MLS# 26-4885
1 / 22
Property Description
Currently 100% occupied with financials reflecting a gross scheduled income of approximately $64,560, this single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow. The property features 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 remaining three units for additional 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, minimizing maintenance exposure and liability. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping. This is a well-maintained, durable asset with solid current income and a straightforward path to increased returns, making it a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located close to shopping, dining, schools, and everyday amenities, this is a turnkey income-producing property.
Details
Maps
Property Description
List Price: 649000
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: $649,000
Area: 02 - NE Redding
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: Currently 100% occupied with financials reflecting a gross scheduled income of approximately $64,560, this single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow. The property features 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 remaining three units for additional 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, minimizing maintenance exposure and liability. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping.
This is a well-maintained, durable asset with solid current income and a straightforward path to increased returns, making it a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located close to shopping, dining, schools, and everyday amenities, this is 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: Active
List Date: 2026-09-11
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: Yes
Unit Type
Four Plex: 1
Exterior
Stucco: 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
Unit 1
Unit #: 1
# Bedrooms: 2
# Baths: 1
Rent: 1295
SqFt: 757
Lease: 1 Year
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
Some Units Include: Fireplace; Washer/Dryer Hookups
Heating: Forced Air
Cooling: Central
Miscellaneous: Lawn Sprinklers; Laundry in Complex; Smoke Detectors
Ownership: Owner RE Licensee
IDX
Listing Office: eXp Realty of California, Inc.
Last Updated: September - 11 - 2026
Information deemed reliable but not guaranteed.
