1196 Lancers Lane Redding, CA $ 649,000
1196 Lancers Lane
$ 649,000
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1196 Lancers Lane

Redding, CA, 96003
$ 649,000
Baths0.0

Monthly Estimate*

$ 4,098

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Studio

Multi-Family Home for sale in Redding, CA

for $649,000. This home was built in 1990.

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. 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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Multi-Family Active

Price

$ 649,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

None

Year Built

1990

Town/City

Redding

County/Region

Shasta

MLS | Web ID

263349

Features
General
Cooling Central
Possession Close of Escrow
Garage Spaces 4.0
Construction Materials Stucco
Year Built 1990
Tenant Pays Cable
Stories Count 1
Ownership Seller
County Shasta
Property Type Residential Income
HOA N
Attached Garage Y
Subdivision Name N/A
Garage Y/N Y
Status Active
Directions Churn Creek to Lancers east to property.
City Redding
Zoning Description RED - R-4 - Multiple Family Res Dist
Number Of Units Total 4
MLS Area 02 - NE Redding
Lease Renewal Y/N N
MLS Area Minor 02 - NE Redding
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Construction None
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Exterior
Parking Features Shared Driveway Off Street
Total Parking 4.0
Spa N
Lot Dimensions 12930 sq ft
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N Y
Total Baths 0
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Internal Only
Street Number 1 1196
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* Excluded Features
List By
Cherrel Kirkland

Listing Agent

Kirkland Real Estate Partners

Broker

(530) 510-9988

Phone

ckirklandrealtor@gmail.com

Email

Affordability Calculator

$4,098
Per Month
100%
0%
0%
Monthly Principal & Interest
$4,098
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
633023 Elementary School
632821 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/12/2026$649,000 Listed Price

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1196 Lancers Lane, Redding, CA, 96003 is a Multi-Family Home for sale at $649,000. 1196 Lancers Lane is a studio with 0.0 baths and was built in 1990. The property's zip code is 96003 which is in Redding, CA