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Listed by Drew Wahlund • Wahlund & Co. Realty Group
$4,000,000
Est. payment /mo
Active
3140 C ST Redding, CA 96002
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-1483
Year Built 1981
Lot Dimensions 1.73
Source Shasta Association of REALTORS®
Property Description
Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy.
The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand.
With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.
The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand.
With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.
Location
State CA
County Shasta
Direction From Cypress and Hartnell, Go right on Hartnell through Bechelli intersection, Go Right on C St. Complex on Right.
Interior
Cooling Central
Exterior
Parking Features Guest
Building
Building Description Stucco,Wood Siding, Stucco,Wood Siding
Story 2
Level or Stories 2.0
Structure Type Stucco,Wood Siding
Others
Senior Community No
Tax ID 070-270-024-000
Ownership Seller
Acceptable Financing All Cash to Seller, Cash to New Loan
Listing Terms All Cash to Seller, Cash to New Loan
Nearby Locations
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