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Jenn Smart

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1299 Heavenly Oak Ln , Redding, CA 96002
$992,500
Est. Payment: $5,385.28/mo
Status: Active | Days on site: 130
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sha.2109 - 1924
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House Description

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.

Highlights

Listed by Will F Ramsdell , 530-524-3921 Realty 110, Inc. , 1 530-242-4114. Shasta Assoc of REALTORS

Property Type

Multi-Family

HOA Fee

185

Year Built

2007

County

Shasta

Area

03 - SE Redding

Neighborhood

N/A

Listing ID

26-2309

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Interior Features

Exterior Features

Principal Interest
$5,385
Taxes
$633
HOA
$185

Home Price

$992,500

Loan Details

30 yrs
7.192%

Down Payment

20%
$198,500
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:
$5,385.28

Principal

Taxes

HOA

Principal Taxes HOA Total
Monthly $5,385.28 $632.72 $185.00 $6,203.00
Yearly $64,623.35 $7,592.63 $2,220.00 $74,435.97
Total $1,938,700.46 $227,778.75 $66,600.00 $2,233,079.21
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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