For Sale Multi-Family MLS# 26-2309

1299 Heavenly Oak Lane

Redding, CA 96002

$992,500

shasta-mls-rsd logo

About 1299 Heavenly Oak Lane

A rare and exceptional opportunity awaits investors seeking the gold standard of multi-family properties in Redding. Ideally situated within a newer neighborhood featuring wide sidewalks, scenic greenbelts, and a community park, this property offers both strong tenant appeal and long-term value.Each unit is thoughtfully designed with generous living spaces, vaulted ceilings, and an open-concept layout that seamlessly connects the kitchen, dining, and living areas. A convenient half-bath is located on the main floor, and every unit includes a private two-car attached garage.Three of the units are approximately 1,083 square feet and feature two spacious bedrooms--each with its own private bathroom--along with large closets and ample storage. The end unit offers approximately 1,153 square feet, with three bedrooms, including a primary suite with a private bath and two additional bedrooms connected by a Jack-and-Jill bathroom.All units are fully occupied, presenting a stable income stream with excellent upside potential through future rent increases.

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
2007
Original price
$995,000
MLS #
26-2309

Exterior & lot

Lot
068-730-034-000

Schools

District
Enterprise Elementary School District

Financial

HOA
Yes
Financial
Shasta Association of REALTORS®
Parcel
068-730-034-000

Location

Area
03 - SE Redding
County
Shasta
Neighborhood
Enterprise
Community
185.0, Monthly
Directions
I5 South to South Bonnyview/Churn Creek Exit. Left onto S. Bonnyview which turns into Churn Creek Rd. Left onto Alrose Lane which turns into Lofty Oak Dr. Left onto Heavenly Oak. Property is on the corner of Heavenly and Lofty Oak.
Subdivision
N/A

Ask about this property

Questions on 1299 Heavenly Oak Lane, Redding, CA 96002, or want to see it in person?

Listed by Will F Ramsdell, Realty 110, Inc.

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.