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Jenn Smart

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1114 Orange Ave , Redding, CA 96001
$924,500
Est. Payment: $5,016.31/mo
Status: Active | Days on site: 1
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House Description

Excellent investment opportunity featuring a well-maintained 6-unit apartment complex in a prime location convenient to schools, shopping, and downtown. The property is fully leased and offers a desirable unit mix of four 2-bedroom/1-bath units and two 3-bedroom/1-bath units. Recent improvements include a new roof, fresh exterior paint and newly rebuilt stairs and balcony, helping reduce maintenance concerns for the next owner. Each unit features an open floor plan, spacious kitchen, and dedicated covered parking. With over $78,000 in annual gross income, this turnkey multifamily property still has room for growth. This provides an attractive opportunity for an investor seeking an established income-producing asset with a strong unit mix and convenient location. A solid addition to any portfolio with key property improvements already completed.

Highlights

Listed by Erin K Richart , 530-949-9103 Shasta Sotheby's International Realty , 1 530-247-0700. Shasta Assoc of REALTORS

Property Type

Multi-Family

Year Built

1973

County

Shasta

Area

04 - SW Redding

Neighborhood

N/A

Listing ID

26-4036

Questions about this listing?

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Interior Features

Air Cond:Window
Fireplaces:

Exterior Features

Lot Dimensions:.19
Parking Features:Attached Carport
Principal Interest
$5,016
Taxes
$589

Home Price

$924,500

Loan Details

30 yrs
7.192%

Down Payment

20%
$184,900
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,016.31

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,016.31 $589.37 $0.00 $5,605.68
Yearly $60,195.75 $7,072.42 $0.00 $67,268.18
Total $1,805,872.62 $212,172.75 $0.00 $2,018,045.37
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Redding, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Shasta Assoc of REALTORS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-09-25T07:15:24.000Z

© 2026 Shasta Assoc of REALTORS