$1,425,000
MLS# 26-4362
1 / 33
Property Description
Investment opportunity in northeast Redding! This property features two fourplex buildings for a total of eight units. Seven units are currently occupied and one is vacant, offering the chance to tour a unit or potentially owner-occupy. Each 924 sq. ft. unit includes 2 bedrooms, 1 full bathroom upstairs, and a convenient half bath downstairs. Each unit also features its own fenced backyard. Additional amenities include a shared laundry facility and 13 on-site parking spaces. The property was remodeled a few years ago and features a newer roof. Add this well-established multifamily property to your portfolio today!
Details
Documents
Property Description
List Price: 1425000
Parcel Number: 113-340-010
Addl. Parcel Number: 113-340-011, 113-340-015, 113-340-016
GP Zone: NOT AVAILABLE
Zoning: NOT AVAILABLE
Year Built Desc: 30+
Garage YN: No
Stories: 2
HOA/Association YN: No
Current Price: $1,425,000
Area: 01 - NW Redding
Subdivision: N/A
Year Built: 1978
Address Information
Street Suffix: Avenue
Cross Street: Lake Blvd
State/Province: CA
Postal Code: 96003
County: Shasta
Remarks
Public Remarks: Investment opportunity in northeast Redding! This property features two fourplex buildings for a total of eight units. Seven units are currently occupied and one is vacant, offering the chance to tour a unit or potentially owner-occupy. Each 924 sq. ft. unit includes 2 bedrooms, 1 full bathroom upstairs, and a convenient half bath downstairs. Each unit also features its own fenced backyard. Additional amenities include a shared laundry facility and 13 on-site parking spaces. The property was remodeled a few years ago and features a newer roof. Add this well-established multifamily property to your portfolio today!
Directions: From central Redding take Hilltop Drive north. Turn left onto CA-299 W. Continue straight onto Lake Blvd. Turn left onto Masonic Ave. The property will be on the right.
Contract Information
Listing Contract Date: 2026-08-10
Status: Active
List Date: 2026-08-27
How to Show
SH Sntrilck Bluetooth: No
LBX Notice in Doc's: No
Unit Type
Complex: 1
Four Plex: 1
Sub Zoning
Commercial: 1
Exterior
Wood: 1
Parking
Off Street: 1
# Attached Garage: 0
# Detached Garage: 0
# Attached Carport: 0
# Detached Carport: 0
Unit Description
2 Bedroom: 1
Miscellaneous
Laundry in Complex: 1
Kitchen
Counter Tops: Solid Surface
Fuel Source: Electric
Range/Oven: 1
Refrigerator: 1
Heating
Forced Air: 1
Cooling
Central: 1
Available Terms
1031 Required: 1
All Cash to Seller: 1
Cash: 1
Cash to New Loan: 1
FHA/VA: 1
Possession
Arrange: 1
Close of Escrow: 1
Unit 1
Unit #: 150 Masonic #1
# Bedrooms: 2
# Baths: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: M-T-M
Remarks: Occupied
Unit 2
Unit #: 150 Masonic #2
# Bedrooms: 2
# Baths: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: Expires 07/30/2027
Remarks: Occupied
Unit 3
Unit #: 150 Masonic #3
# Bedrooms: 2
# Baths: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: Expires 02/26/2027
Remarks: Occupied
Unit 4
Unit #: 150 Masonic #4
# Bedrooms: 2
# Baths: 1.5
Rent: 990.84
Deposit: 1500
SqFt: 924
Lease: Expires 02/26/2027
Remarks: Not remodeled/occupi
Unit 5
Unit #: 170 Masonic #1
# Bedrooms: 2
# Baths: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: Expires 10/02/2026
Remarks: Occupied
Unit 6
Unit #: 170 Masonic #2
# Bedrooms: 2
# Baths: 1.5
SqFt: 924
Remarks: Vacant
Unit 7
Unit #: 170 Masonic #3
Bed: 2
Bath: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: Expires 10/07/2026
Remarks: Occupied
Unit 8
Unit #: 170 Masonic #4
Bed: 2
Bath: 1.5
Rent: 1400
Deposit: 1400
SqFt: 924
Lease: Expires 08/04/2027
Remarks: Occupied
Property Features
Unit Type: Complex; Four Plex
Sub Zoning: Commercial
Exterior: Wood
Parking: Off Street
Unit Description: 2 Bedroom
Kitchen: Range/Oven; Refrigerator
Heating: Forced Air
Cooling: Central
Miscellaneous: Laundry in Complex
Available Terms: 1031 Required; All Cash to Seller; Cash; Cash to New Loan; FHA/VA
Possession: Arrange; Close of Escrow
CCRs IDX
Listing Office: Josh Barker Real Estate
Last Updated: August - 27 - 2026
Information deemed reliable but not guaranteed.
