For Sale Multi-Family MLS# 26-1483

3140 C Street

Redding, CA 96002

$4,000,000

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Description

Stonewood Apartments is a well-maintained, single-owner complex centrally located within an established residential corridor of Redding, the economic hub of Shasta County. The property consists of 38 units, comprised of 22 one-bedroom, one-bath units and 16 two-bedroom, one-bath units, along with an on-site manager's unit. Additional features include 6 garages, on-site laundry facilities, a community pool, and ample parking for tenants, all contributing to strong tenant appeal and long-term occupancy.

The property benefits from convenient access to Highway 44 and Interstate 5, placing tenants within minutes of major employment centers, including healthcare, retail, education, and government services. Nearby amenities such as shopping, dining, schools, and medical facilities support consistent rental demand.

With limited new multifamily development in the area and steady occupancy trends, this location offers stable in-place income potential with long-term appreciation upside in one of Northern California's primary regional markets.

Location

3140 C Street, Redding, CA 96002

Status

For Sale

Features & Amenities

Property

Type
Residential Income
MLS type
Multi Family Home
Status
Active
Year built
1981
Original price
$4,000,000
MLS #
26-1483

Exterior & lot

Lot
070-270-024-000

Schools

District
Enterprise Elementary School District

Financial

Financial
Shasta Association of REALTORS®, Seller
Parcel
070-270-024-000

Location

Area
04 - SW Redding
County
Shasta
Neighborhood
South Bechelli
Directions
From Cypress and Hartnell, Go right on Hartnell through Bechelli intersection, Go Right on C St. Complex on Right.
Subdivision
N/A

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Questions on 3140 C Street, Redding, CA 96002, or want to see it in person?

Listed by Drew Wahlund, Wahlund & Co. Realty Group