About this home

Multi-Family Investment Opportunity! Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities. The property includes mixed units consisting of: 1 three-bedroom unit 2 two-bedroom units 5 one-bedroom units 4 studio apartments This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room. Carwash The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential. Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle. Additional highlights include separately metered units for added management efficiency and tenant convenience.

Details

Year Built
1948
Exterior
Shingle Siding, Stucco, Wood Siding
HOA
None
Days on Market
60
Shasta County MLS
26-2214

See it without the drive

Private tour, or a live video walk-through if you're out of town.

Recently sold nearby

8 closed sales in the last 6 months

SOLD
$415,000
$258/sf · 3bd · 2ba · 1,608 sqft
19026 Freda Lane
3.40 mi away1 day ago
SOLD
$330,000
$156/sf · 4bd · 2.1ba · 2,111 sqft
15194 Wonderland Boulevard
10.72 mi away1 day ago
SOLD
$455,000
$264/sf · 4bd · 2ba · 1,724 sqft
3355 Landmark Court
1.96 mi away1 day ago
SOLD
$275,000
$286/sf · 3bd · 2ba · 960 sqft
16755 Thompson Lane
2.60 mi away1 day ago
SOLD
$418,000
$278/sf · 3bd · 2ba · 1,503 sqft
1102 Golden Gate Trail
3.00 mi away4 days ago
SOLD
$540,000
$264/sf · 3bd · 0ba · 2,044 sqft
19679 Midland Drive
6.12 mi away4 days ago
SOLD
$629,800
$276/sf · 4bd · 2.1ba · 2,280 sqft
5551 Ebon Avenue
6.23 mi away4 days ago
SOLD
$606,000
$221/sf · 4bd · 3ba · 2,737 sqft
2704 Western Oak Drive
4.99 mi away4 days ago

Free instant listing alerts

Pre-filled for this city and price. Texts and emails as soon as new homes hit.

Similar listings nearby

Estimated monthly payment

What this home would cost per month at today's rates

/ mo P&I

Estimate only — taxes, insurance, HOA, and PMI not included. Get pre-approved →

Location & Proximity

This Home Schools Water Nature Urban Mountain

Nearby Attractions — sorted by drive time

Show 6 more, farther out

Get pre-approved before you tour

Sellers ignore offers without one. 24-hr turnaround with a local lender.

Tour this home with Nathan

Call (530) 999-1773 or send a quick message.

Redding market right now

as of June 2026
$405,000
Median sold
70
Days on market
-3.6%
YoY price change

See full Redding market report →

Listing courtesy of Northstate Real Estate Professionals — Kenneth A Marshall.

Shasta County MLS #26-2214 · Last updated July 13, 2026

Selling instead?

Get your home's value →
What Clients Say

Real reviews from Shasta County families

5.0★★★★★ 53 five-star reviews — 27 on Google · 26 on Zillow

★★★★★

We relocated from out of the area and needed a real estate agent. Nathan ended up being the best fit for the job. Not only was he able to land us our dream home, he worked with our mortgage company to fit our very tight budget.

RK

Randy K.

Relocated to Redding · Google

★★★★★

Nathan took the time and set up opportunities to view quite a few homes before I found the house I wanted. Nate was great with negotiating a solid deal in a competitive market. I was grateful to have him in my corner.

RC

Randall C.

Home buyer, Redding · Google

★★★★★

Nathan did a masterful job finding me the right house, in the right location for the right price. While I was rather selective (actually, quite picky), he came through like a pro.

Zillow Review

Home buyer · Zillow

Want to see 1933 Eureka Way in person?

I'll set up a private showing on your schedule. Same-day requests welcome.

Listing data is provided courtesy of the Shasta Association of REALTORS® MLS. Information is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the listing broker(s) nor Nathan Cross, Realtor shall be responsible for any typographical errors, misinformation, or misprints. © Shasta Association of REALTORS®. All rights reserved.