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Listed by Kevin Rhoderick • eXp Realty of California, Inc.
$629,000
Est. payment /mo
Price Dropped by $20K
5574 Mountain View DR Redding, CA 96003
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26-4885
Year Built 1979
Source Shasta Association of REALTORS®
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.
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.
Location
State CA
County Shasta
Direction I-5, Twin View exit - east to Mountain View - Turn right. Complex on left.
Interior
Heating Forced Air
Cooling Central
Heat Source Forced Air
Exterior
Parking Features Detached Carport, Guest
Building
Building Description Stucco, Stucco
Story 1
Level or Stories 1.0
Structure Type Stucco
Others
Senior Community No
Tax ID 116-220-007-000
Special Listing Condition Owner RE Licensee
Nearby Locations
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