$585,000

1071 Market St Redding, CA 96001

Downtown Redding Neighborhood

Estimated payment $3,850/month

Total Views 2,004
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This 3,918 SF mixed-use building features two leased residential apartments on the upper level—one 2-bedroom, 1-bath unit, and one 1-bedroom, 1-bath unit with a bonus room—as well as two ground-floor commercial spaces currently leased on a month-to-month basis at below-market rents. Ideal for an owner-user or investor, you can occupy one or both commercial units for your business while generating income from the remaining leased spaces. Each of the four units is separately metered for electricity. Annual gross rental income is $56,880, with a Gross Rent Multiplier (GRM) of 10.28. Note: This property is also listed under MLS 25-939

Listing Agent

Jessica Whitlow

Cox Real Estate Consultants, INC. License #01941996

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Parking

  • Off-Street Parking

Listing and Financial Details

  • Assessor Parcel Number 101-440-014

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Directions: Hwy 44 West exit on to Shasta St. Turn Right on Pine. Turn left on Eureka Way. Turn Right on Market Street/Hwy 273. Property is on the right hand side shortly after Trinity St.
  • Prop. Type: Residential Income
  • Year Built: 1925
  • Building Stories: 1
  • Subdivision Name: N/A
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Garage/Parking

  • Parking Features: Off Street
  • ParkingOffStreet: Yes

Lot Info

  • Parcel #: 101-440-014
  • Lot Dimensions: 0.18
  • Zoning Description: NOT AVAILABLE

Map

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2025 03/12/25 For Sale $585,000 -- --
Source: Shasta Association of REALTORS®

Source: Shasta Association of REALTORS®

MLS Number: 25-969

Shasta Association of REALTORS®

California Shasta County Redding 96001 Downtown Redding

1071 Market St, Redding, CA

Homes for Sale in Redding, CA

This home is located at 1071 Market St, Redding, CA 96001 and is currently priced at $585,000. This property was built in 1925. 1071 Market St is a home located in Shasta County with nearby schools including Cypress Elementary School, Sequoia Middle School, and Shasta High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Shasta Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Jessica Whitlow
Listing Agent
Jessica Whitlow
Section Image
Cox Real Estate Consultants, INC.
(530) 322-8923