About this home

Excellent opportunity to acquire a high-performing residential income property featuring 8 detached homes on one parcel. The El Reno Cottages are currently fully occupied and generating over $99,000 in gross annual income, providing a 7.06% CAP rate with strong, consistent cash flow. The property has undergone extensive recent improvements, making it a desirable low-maintenance investment. Updates include newer roofs, updated siding on several units, fresh exterior paint, upgraded interiors, and dual-pane windows. The homes are well maintained and designed for long-term durability while helping keep operating expenses manageable. Each unit offers tenants the privacy and appeal of separate homes rather than traditional apartment units, which has helped support stable occupancy and tenant retention. The property also features low-maintenance landscaping, further reducing ongoing landlord responsibilities. Located in a convenient area with quick access to shopping, schools, parks, and transportation, the property continues to attract steady rental demand. Opportunities to own multiple standalone homes producing strong income on a single parcel are rare, making this a compelling option for investors seeking stable returns and long-term rental demand.

Details

Type
Residential Income
Year Built
1945
HOA
None
Days on Market
133
Shasta County MLS
26-854

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Recently sold nearby

8 closed sales in the last 6 months

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

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This Home Schools Water Nature Urban Mountain

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Redding market right now

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

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Listing courtesy of Realty 110, Inc. — Nick Kerley.

Shasta County MLS #26-854 · Last updated July 7, 2026

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What Clients Say

Real reviews from Shasta County families

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

★★★★★

This was our family's first home buying experience and we were beyond fortunate to have Nate guiding us through every step. During escrow he went to bat for us when other parties were dropping the ball. We recommend him wholeheartedly.

Zillow Review

First-time buyer, Redding · Zillow

★★★★★

He tirelessly showed us houses until we found our home, and advised our offer as we competed with other interested buyers. We had a million questions and he was always accessible to answer them.

Zillow Review

First-time buyer, Redding · Zillow

★★★★★

We could not have picked a better realtor. Nathan was there to answer any questions we had, and if he did not know the answer he got the answer very quickly. Nathan was there even after we moved in to our new home.

Zillow Review

Home buyer, Redding · Zillow

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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.