
1535 E Cypress Ave Redding, CA 96002
Reservoir NeighborhoodEstimated payment $3,448/month
Highlights
- Evaporated cooling system
- Enterprise High School Rated A-
- Wood Siding
About This Home
Homes with Expansion Potential
This unique residential income property presents a fantastic opportunity for investors! Situated in a prime location near shopping, transportation, and essential amenities, this offering includes three separate homes and a spacious lot that may allow for future expansion.
The main home features three bedrooms, 1.5 baths, a fenced yard, a carport, and additional storage, making it an ideal rental or owner-occupied residence. The two additional homes each offer two bedrooms and one bath, providing comfortable living spaces for tenants.
All three homes were updated four years ago with new roofs, flooring, and fresh paint, ensuring a modern and well-maintained living environment for tenants.
With multiple rental units already in place and the potential for further development, this property is a rare find in today's market. Don't miss this chance to own a versatile investment with excellent income potential!
Property Details
Home Type
- Multi-Family
Year Built
- 1938
Home Design
- Wood Siding
Parking
- Carport
- Off-Street Parking
Utilities
- Evaporated cooling system
Listing and Financial Details
- Assessor Parcel Number 067-460-003-000
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
03/10/2025 03/10/25 | Price Changed | $524,000 | -2.8% | -- |
02/14/2025 02/14/25 | For Sale | $539,000 | +2.7% | -- |
12/30/2021 12/30/21 | Sold | $525,000 | -4.4% | $390 / Sq Ft |
12/14/2021 12/14/21 | Pending | -- | -- | -- |
12/10/2021 12/10/21 | For Sale | $549,000 | +175.9% | $408 / Sq Ft |
05/27/2020 05/27/20 | Sold | $199,000 | -0.5% | $148 / Sq Ft |
03/28/2020 03/28/20 | Pending | -- | -- | -- |
03/20/2020 03/20/20 | For Sale | $199,900 | -- | $149 / Sq Ft |
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Source: Shasta Association of REALTORS®
MLS Number: 25-594

APN: 067-480-03
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