DJI_20260303132711_0114_D copy El Reno 00003 2230-El-Reno-Ln-Redding-CA-Building-Phot 2230-El-Reno-Ln-Redding-CA-Primary-Photo 2230-El-Reno-Ln-Redding-CA-Building-Phot

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

The Home

Type
Residential Income
Year Built
1945

Ownership Costs

HOA
None
Est. Payment
$5,518/mo P&I
Days on Market
178
Shasta County MLS
26-854

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Recently sold nearby

8 closed sales in the last 6 months

SOLD
$249,000
$225/sf · 4bd · 2ba · 1,105 sqft
1922 Vale Drive
3.01 mi away1 day ago
SOLD
$551,814
$254/sf · 4bd · 2.1ba · 2,174 sqft
5179 Merced Court
4.34 mi away1 day ago
SOLD
$356,400
$262/sf · 3bd · 2ba · 1,358 sqft
715 Christine Avenue
3.38 mi away1 day ago
SOLD
$677,900
$312/sf · 4bd · 2.1ba · 2,174 sqft
2545 Uphill Avenue
4.21 mi away1 day ago
SOLD
$530,000
$229/sf · 3bd · 3ba · 2,316 sqft
6328 Carmel Drive
6.25 mi away2 days ago
SOLD
$350,000
$129/sf · 4bd · 3.1ba · 2,720 sqft
19133 Smith Lane
3.00 mi away2 days ago
SOLD
$429,900
$293/sf · 3bd · 2ba · 1,468 sqft
2889 Ukonom Drive
4.02 mi away2 days ago
SOLD
$315,000
$169/sf · 3bd · 2ba · 1,861 sqft
3345 Panorama Drive
4.63 mi away2 days ago

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Location & Proximity

This Home Schools Water Nature Urban Mountain

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Redding market right now

as of July 2026
$411,000
Median sold
94
Days on market
+9.3%
YoY price change

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

Shasta County MLS #26-854 · Last updated July 15, 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.

$1,050,000$5,518/mo est.
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