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5574 Mountain View Drive

Redding CA 96003

4
Other
Currently for sale - view listing

Overview

In northeast Redding near churches, schools, and everyday conveniences, this single-story, slab-on-grade stucco 4-plex offers immediate cash flow with clear value-add upside. The property features three 2BD/1BA units at approximately 757 sq ft and one oversized 2BD/2BA unit at 1,028 sq ft with in-unit laundry hookups, plus a coin-operated community laundry room serving the remaining three units for additional income. Two units have been recently renovated, the 2BD/2BA received a full refresh including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, fresh paint, and more, while one 2BD/1BA was updated with new LVP flooring and paint. The two remaining units are currently month-to-month at well below market rent, presenting an investor with the opportunity to refresh and re-lease at market rates. Current gross annual income is $51,552 with a projected stabilized gross of $64,560 once all units are brought to market rent. The single-story design eliminates stairs, balconies, and elevated decks, minimizing maintenance exposure and liability. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping. A well-maintained, durable asset with solid current income and a straightforward path to increased returns.

Features

4 carspaces
4 carport spaces
Other

Happy sellers in Redding

90%
90% of sellers in Redding reported that their sale price either exceeded or met their price expectations.

Redding stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 4 reviews in Redding over the last 12 months.

Local market activity for other properties in Redding

In the last 12 months, 132 other properties similar to 5574 Mountain View Drive, have been sold.

This represents a 1% increase in other properties sales when compared to the previous 12 months.

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