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Under contract
  • Price cut: $24K (5/16)
    $500,000

    1535 E Cypress Ave, Redding, CA 96002

    --beds
    --baths
    --sqft
    : 
    Multi Family
    Built in ----
    -- sqft lot
    $476,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Fenced yardSpacious lotAdditional storage
    Homes with Expansion Potential This unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion. The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants. All three homes were updated four years ago with new roofs, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants. With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!
    171 days
    on Zillow
    |
    51
    |
    1
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 27, 2025 at 09:04am

    Listed by:

    Coldwell Banker Select Real Estate - Redding

    Source: SMLS,MLS#: 25-594MLS Logo
    Travel times

    Facts & features

    Interior

    Cooling
    • Has cooling: Yes
    Features
    • Has basement: No

    Property

    Parking
    • Parking features: Assigned, Off Street
    Features
    • Stories: 1
    Details
    • Parcel number: 067460003000

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Siding

    Community & HOA

    Location
    • Region: Redding

    Financial & listing details

    • Tax assessed value: $516,038
    • Annual tax amount: $5,732
    • Date on market: 2/14/2025
    • Listing terms: Cash,FHA/VA
    • Ownership: Seller
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