1531 Mussel Shoals Shasta Lake, CA $ 450,000
1531 Mussel Shoals
$ 450,000
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1531 Mussel Shoals

Shasta Lake, CA, 96019
$ 450,000
Baths1.0 Sq 2,752

Monthly Estimate*

$ 2,841

Listed by Summerland Real Estate
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Studio

Multi-Family Home for sale in Shasta Lake, CA

for $450,000 with 1 full bath. This 2,752 square foot home was built in 1979 on a lot size of 0.18.

Turn-Key, Income-Producing Fourplex in Shasta Lake City. Excellent opportunity to own a four-unit residential income property located at 1531 Mussel Shoals Avenue in Shasta Lake, just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, skiing at nearby Mt Shasta Ski Resort and many other outdoor adventures. This practical fourplex offers a strong mix of units, including three 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, giving investors a desirable rental setup with multiple income streams. Each unit provides comfortable living space, functional floor plans, and air conditioning. The property also features coin-operated laundry for additional convenience and four covered carport spaces for tenant parking. Current gross scheduled monthly income is $3,580, with a gross scheduled annual income of $42,960, offering solid existing income with potential room for future improvement. Conveniently located just minutes from Shasta Dam Boulevard, I-5 access, Shasta Lake, recreation, boating, fishing, skiing at MT Shast Ski Resort and many other outdoor adventures, transportation, shopping and the outdoor lifestyle that makes Shasta Lake City attractive to tenants, this property is a strong addition to any income property portfolio.

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Multi-Family Active

Price

$ 450,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.18

Year Built

1979

Town/City

Shasta Lake

County/Region

Shasta

MLS | Web ID

OC26196951

Days on Market

10

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Composition
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1979
Electric Standard
View Neighborhood
Stories Count 2
Levels Two
Property Subtype Quadruplex
Gross Income 42960
Community Features Biking Fishing Golf Hiking Horse Trails Hunting Lake Mountainous Park Preserve/Public Land Water Sports
County Shasta
Net Operating Income 23010
Operating Expense 19950
Insurance Expense 625
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Trust
Status Active
Directions Shasta Dam to Mussel Shoals Cross St is Front St
City Shasta Lake
Entry Location Main and 2nd Levels
Senior Community Y/N false
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 7841
Carport Spaces 4
Carport Y/N true
Number of Units Leased 4
Listing Terms Cash Conventional
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 667
Current Financing None
Fuel Expense 0
Property Condition Turnkey
Trash Expense 90
Water Sewer Expense 419
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 1 2
Virtual Tour https://summerlandre.com/IDX/1531-MUSSEL-SHOALSShasta-LakeCA-96019/1190432341_CRMLS/0006011
Total Actual Rent 3580
Property Sub Type Additional Quadruplex
Expected Active Date 2026-09-16
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Interior
Total Stories 2
Common Walls 2+ Common Walls
Air Conditioning Y/N true
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Parking Features Covered Carport
Lot Features Rectangular Lot Sloped Up
Water Source Public
Total Parking 4
Lot Size Area 7841
Number of Buildings 1
Building Area Total 2752
Lot Size Acres 0.18
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 4
Number of Separate Gas Meters 4
Number of Separate Electric Meters 4
Road Frontage Type City Street
Horse Amenities Riding Trail
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* Excluded Features
List By
Summerland Real Estate

Broker

DSummers@SummerlandRE.com

Email

Affordability Calculator

$2,841
Per Month
100%
0%
0%
Monthly Principal & Interest
$2,841
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/10/2026$450,000 Listed Price

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1531 Mussel Shoals, Shasta Lake, CA, 96019 is a Multi-Family Home for sale at $450,000 with 2,752 sqft and a lot size of 0.18. 1531 Mussel Shoals is a studio with 1.0 baths and was built in 1979. The property's zip code is 96019 which is in Shasta Lake, CA