1933 Eureka Way, Redding, CA 96001
Local realty services provided by:Better Homes and Gardens Real Estate Results
1933 Eureka Way,Redding, CA 96001
$997,500
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by: kenneth a marshall
Office: northstate real estate professionals
MLS#:26-2214
Source:CA_SAR
Price summary
- Price:$997,500
About this home
Multi-Family Investment Opportunity!
Exceptional income-producing property featuring 4 adjoining parcels with a total of 12 rental units plus a profitable self-serve carwash. This versatile investment offers significant upside potential and strong cash-flow opportunities.
The property includes mixed units consisting of:
1 three-bedroom unit
2 two-bedroom units
5 one-bedroom units
4 studio apartments
This well-balanced combination appeals to a wide range of tenants and supports consistent occupancy. Many of the rental units have undergone recent renovations, while current rents remain slightly below market value, creating room for future income growth. Complex also includes Laundry room.
Carwash
The 2-bay coin-operated self-service carwash has an established customer base and provides additional income potential.
Ideally situated in the highly desirable Magnolia District. The property is within walking distance to Downtown Redding Market, the RABA Depot, the YMCA, Shasta High School, and County Courthouse/Offices. It is also within proximity of the City of Redding's proposed Butte Street Boogie Project. This is a project planned improve and enhance the walkability and biking access that will connect downtown to the Sacramento River Trail. Making this an ideal location to that promotes a more active and robust lifestyle.
Additional highlights include separately metered units for added management efficiency and tenant convenience....
Contact an agent
Home facts
- Year built:1948
- Subdivision & Development:N/A
- Listing ID #:26-2214
- Added:174 day(s) ago
- Updated:November 06, 2026 at 03:34 PM
Heating and cooling
- Cooling:Evaporative, Window
- Heating:Electric, Furnace Wall, Heating
Structure and exterior
- Year built:1948
- Construction Materials:Shingle Siding, Stucco, Wood Siding
Finances and disclosures
- Price:$997,500
Parking
- Parking description:Off Street, On Street
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