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Jenn Smart

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1196 Lancers Ln , Redding, CA 96003
$659,000
Est. Payment: $3,575.72/mo
Status: Pending | Days on site: 38
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sha.2353 - 318,4081
By proceeding you are providing Jenn Smart with your express written consent to send you marketing and promotional communications via calls or prerecorded messages dialed by a natural person or by using an artificial or automated telephone dialing system.

By checking the box, you consent to receive marketing text messages. If checked, you consent to receiving texts including marketing and promotional communications, from Jenn Smart. Messages and data rates may apply. Message frequency varies. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms & Conditions and Privacy Policy.
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Jenn Smart
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House Description

Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio. Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage. The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs. Two new 2.5 ton HVAC units being installed August 2026. Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.
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Highlights

Listed by Cherrel Kirkland , 530-510-9988 Kirkland Real Estate Partners , 1 530-510-9988. Shasta Assoc of REALTORS

Property Type

Multi-Family

Year Built

1990

County

Shasta

Area

02 - NE Redding

 Neighborhood

N/A

Listing ID

26-3349

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Interior Features

Air Cond:Central
Fireplaces:

Exterior Features

Lot Dimensions:12930 sq ft
Garage Capacity:4
Parking Features:Shared Driveway,Off Street
Principal Interest
$3,576
Taxes
$420

Home Price

$659,000

Loan Details

30 yrs
7.192%

Down Payment

20%
$131,800
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:
$3,575.72

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,575.72 $420.11 $0.00 $3,995.83
Yearly $42,908.60 $5,041.35 $0.00 $47,949.95
Total $1,287,258.04 $151,240.50 $0.00 $1,438,498.54
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So-Crates Johnson
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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: 2026-09-25T21:53:23.000Z

© 2026 Shasta Assoc of REALTORS