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1281 Heavenly Oak Ln, Redding, CA, 96002

--beds
--baths
--sqft
$995,000
--price/sqft
$6,763/moest. monthly cost
$270,520/yrincome needed

About This Home

A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.

Getting Around

26
WalkingCar-Dependent
19
TransitMinimal Transit
25
BikeSomewhat Bikeable

Schools

6/10
6/10
6/10
Enterprise High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Property

Details

  • Parcel number: 068730035000

Features

  • Stories: 1