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37120 State Highway 299 E, Burney, CA, 96013

2beds
1baths
--sqft
$350,000
--price/sqft
$2,668/moest. monthly cost
$106,720/yrincome needed

About This Home

This unique mixed use property offers a well maintained 2 bedroom, 1 bath home situated on the same parcel as an established commercial property, creating an exceptional investment opportunity. As an added bonus, the property also includes an established commercial fitness business, creating multiple income opportunities on one parcel. Continue operating the existing business, expand into additional commercial services, or simply enjoy the benefits of owning a property with diversified revenue potential. A rare opportunity to own an income producing residential property with the added advantage of a thriving commercial component, all in one investment. The residence is currently tenant occupied, generating immediate rental income, and comes fully furnished, making it an attractive turnkey investment. The home features a fenced yard, off-street parking, and a functional floor plan that provides comfortable everyday living. Conveniently located in the heart of Burney, residents enjoy easy access to shopping, restaurants, schools, parks, and local services. Whether you're looking to expand your investment portfolio, offset ownership costs with rental income, or take advantage of the property's mixed use potential, this offering delivers flexibility and value.

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
61
BikeBikeable

Schools

8/10
Burney Elementary SchoolGrades K-60.5 mi

Construction

Condition

  • Year built: 1973

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1

Property

Details

  • Parcel number: 028190029000

Features

  • Stories: 1

Parking

  • Parking features: Guest,Off Street

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
  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Lightning
    LightningModerate
  • Volcanic Activity
    Volcanic ActivityModerate

How This Home’s Risks Compare

Inland Flooding
Wildfire
Winter Weather
Earthquake
Lightning
Volcanic Activity

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 $1,769$21,228
Home Insurance *$297$3,564
Property Taxes $204$2,448
Electricity $398$4,786
Total$2,668$32,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$91,474/yr
40% on housing$80,040/yr
45% on housing$71,146/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 96013$122
Shasta County$234

vs Homes Sold Last Month

Median $/sqft

ZIP 96013$186
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
2026-07-02Listed for sale$350,000

For Sale by Agent

AgentBridgett R Lindsay
BrokerageLPT Realty, Inc.

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