1196 Lancers Lane, Redding, CA 96003

Redding
Local realty services provided by:Better Homes and Gardens Real Estate Results
1196 Lancers Lane,Redding, CA 96003
$659,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: cherrel kirkland
Office: kirkland real estate partners
MLS#:26-3349
Source:CA_SAR

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Price summary

  • Price:$659,000

About this home

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...

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Home facts

  • Year built:1990
  • Subdivision & Development:N/A
  • Listing ID #:26-3349
  • Added:110 day(s) ago
  • Updated:October 30, 2026 at 06:37 AM

Heating and cooling

  • Cooling:Central
  • Heating:Forced Air, Heating

Structure and exterior

  • Year built:1990
  • Construction Materials:Stucco

Finances and disclosures

  • Price:$659,000

Parking

  • Total parking spaces:4
  • Parking description:Attached Garage, Off Street
  • Garage:Yes
  • Garage spaces:4
Shasta Association of REALTORS® (alternatively, from the SAOR MLS) for the period October 30, 2026. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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