For Sale Multi-Family MLS# 26-4885

5574 Mountain View Drive

Redding, CA 96003

$629,000

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About 5574 Mountain View Drive

One unit is currently vacant, with financials reflecting the three occupied units and a current gross scheduled income of approximately $46,620. This single-story, slab-on-grade stucco 4-plex in northeast Redding offers immediate cash flow, with 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 other three units for added income. The vacant unit gives an owner-occupant buyer the opportunity to move in and rent out the remaining three units for immediate income.

All four units have been recently refreshed with new flooring, paint, doors, and more. The 2BD/2BA unit received a full remodel, including new kitchen cabinets, appliances, countertops, vanities, LVP flooring, and fresh paint. The single-story design eliminates stairs, balconies, and elevated decks, reducing maintenance and liability exposure. Each unit includes a fenced private backyard, dedicated carport, individual storage unit, and low-maintenance landscaping.

This well-maintained, durable asset offers solid current income with a straightforward path to increased returns, a compelling opportunity for investors seeking immediate cash flow in the Redding multifamily market. Conveniently located near shopping, dining, schools, and everyday amenities, it's a turnkey, income-producing property.

Property details

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
1979
Original price
$649,000
MLS #
26-4885

Exterior & lot

Features
Detached Carport
Lot
116-220-007-000
Parking
Detached Carport

Schools

District
Gateway Unified School District

Financial

Financial
Shasta Association of REALTORS®
Parcel
116-220-007-000

Location

Area
02 - NE Redding
County
Shasta
Neighborhood
Twinview
Directions
I-5, Twin View exit - east to Mountain View - Turn right. Complex on left.
Subdivision
N/A

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Listed by Kevin Rhoderick, eXp Realty of California, 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.