For Sale House MLS# 26-3529

1664 Victor Avenue

Redding, CA 96002

$479,000

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About 1664 Victor Avenue

Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer.

Situated in one of Redding's growth corridors, this RM-15 zoned parcel is surrounded by established, multi family developments and offers exceptional long-term investment possibilities.

The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.

Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Rare RM-15 Infill Development Opportunity on 1.35 Acres! Bring your vision and unlock the incredible potential this unique property has to offer. Situated in one of Redding's desirable growth corridors, this RM-15 zoned parcel is surrounded by established, high-quality multifamily developments and offers exceptional long-term investment possibilities.

The property features two existing improvements. The main residence was originally a 3 bedroom, 2 bath home of approximately 1,480 square feet and has been reconfigured into a spacious 2 bedroom layout by expanding the primary suite. Flooring remains incomplete, providing the opportunity to finish and customize to your needs. The second structure was originally a 1 bedroom, 1 bath home with an attached two car garage. It has been taken down to the studs and is currently utilized as a large shop, offering excellent storage or workspace while future plans are developed.

Whether you choose to renovate the existing improvements for interim rental income, hold as an investment, or pursue future development, the possibilities are substantial. The true value lies in the land, location, and RM-15 zoning. Buyer to verify permitted uses, allowable density, development potential, and all building requirements with the City of Redding.

Conveniently located just minutes from Highway 44, downtown Redding, sho

Conveniently located just minutes from Highway 44, downtown Redding, sho

Property details

Property

Type
Residential
MLS type
Single Family Home
Status
Active
Stories
One
Living area
1,480 sqft
Price / sqft
$324
Lot
1.35
Full baths
2
Original price
$479,000
MLS #
26-3529

Interior

Cooling
Ductless

Exterior & lot

Roof
Composition
View
City
Parking
Attached Carport, Additional Parking, Driveway, Gated, Off Street, RV Access/Parking

Schools

District
Enterprise Elementary School District

Utilities

Utilities
Public Sewer
Sewer
Public Sewer

Financial

Financial
Shasta Association of REALTORS®
Parcel
071-240-022-000

Location

Area
02 - Redding NE
County
Shasta
Neighborhood
Mount Shasta Mall
Directions
Victor Ave just North of Hwy 44. Property is on the left hand side.

Ask about this property

Questions on 1664 Victor Avenue, Redding, CA 96002, or want to see it in person?

Listed by Bridgett R Lindsay, LPT Realty, 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.