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2926 Favretto Ave, Redding, CA, 96001

4beds
3baths
--sqft
$399,000
--price/sqft
$2,859/moest. monthly cost
$114,360/yrincome needed

About This Home

Excellent investment opportunity featuring three separate units on one property. The front home offers 3 bedrooms, 1 bathroom with attached garage, gated driveway, and its own fully fenced private yard. The duplex includes an upstairs 1-bedroom, 1-bath unit with newer flooring, paint, nice balcony, plus private garage. The downstairs unit has its own garage and private fenced yard. The downstairs unit has been extensively remodeled with a new kitchen, bathroom, paint, flooring, and appliances. All units have their own private laundry hooks-ups and tenants pay utilities. Strong rental history and steady cash flow make this a great opportunity for investors or owner-occupants seeking additional income.

Getting Around

65
WalkingSomewhat Walkable
27
TransitSome Transit
68
BikeBikeable

Schools

4/10
Juniper SchoolGrades K-80.5 mi
9/10
Shasta High SchoolGrades 9-121.8 mi
5/10
Sequoia Middle SchoolGrades 4-81.1 mi

Construction

Condition

  • Year built: 1938

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3

Property

Details

  • Parcel number: 104230008

Features

  • Stories: 2

Parking

  • Parking features: Off Street,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingVery High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Inland Flooding
Earthquake
Heat Wave
Lightning

FEMA Declared Disasters in Shasta County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,017$24,204
Home Insurance *$212$2,544
Property Taxes $232$2,784
Electricity $398$4,786
Total$2,859$34,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$98,022/yr
40% on housing$85,770/yr
45% on housing$76,240/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 16.6%
16.6%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 96001$247
Shasta County$234

vs Homes Sold Last Month

Median $/sqft

ZIP 96001$249
Shasta County$242

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-18Listed for sale$399,000
2021-04-01Listing removed--
2021-03-31Listed for rent$850
2020-03-24Listing removed$800
2020-03-19Listed for rent$800
2020-02-10Listing removed$800
2020-02-06Listed for rent$800
2019-06-06Listing removed$750
2019-05-29Listed for rent$750
2017-08-29Listing removed$695
2017-08-14Listed for rent$695
2012-02-16Listing removed$595
2012-02-02Listed for rent$595

For Sale by Agent

AgentBobby Brown
BrokerageMove Realty

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