About this home
Great investment opportunity in Shasta Lake City! This single-story fourplex features three 1-bedroom/1-bath units and one 2-bedroom/1-bath unit. The 2/1 unit has been recently updated and offers a larger private yard and additional storage area. Units 1-3 have central heat, while unit 4 has an energy-efficient mini split system. Tenants pay their own electric, keeping operating expenses lower for the owner. Each unit includes a small private backyard area, adding to tenant appeal. The property has a strong history of stable, long-term tenants and features a brand new composition roof installed in 2024, a major recent capital improvement. Interiors are clean and well maintained, providing a solid rental base with opportunity for future cosmetic updates. Street parking available. No pets per current rental terms. Solid income property with upside potential and opportunity for future rent growth in a convenient Shasta Lake City location.
Recently sold nearby
8 closed sales in the last 6 months
Estimated monthly payment
What this home would cost per month at today's rates
Estimate only — taxes, insurance, HOA, and PMI not included. Get pre-approved →
Details
- Type
- Residential Income
- Year Built
- 1979
- HOA
- None
- Days on Market
- 66
- MLS #
- 26-852
Location & Proximity
Want the full picture of Shasta Lake? Read the Shasta Lake area guide for market trends, neighborhoods, and lifestyle details.
Nearby Attractions — sorted by drive time
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Shasta Lake Boating & Houseboats13 min6.1 mi
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Sundial Bridge Sac River Trail18 min8.4 mi
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Whiskeytown Falls 220 ft Hiking Trail18 min12.3 mi
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Downtown Redding Shopping & Dining19 min9 mi
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Sacramento River Fishing & Trails19 min9 mi
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Whiskeytown Lake Beaches & Kayaking22 min15.2 mi
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McCloud Falls Triple Waterfall61 min55.6 mi
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Mt. Shasta 14,179 ft64 min59 mi
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Lassen Volcanic NP 10,457 ft68 min62.4 mi
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Hat Creek Fly Fishing68 min62.5 mi
Listing courtesy of Coldwell Banker Select Real Estate - Redding — Shelby Murtha.