1196 Lancers Ln Redding, CA 96003
Estimated payment $4,154/month
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Bed
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Bath
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Sq Ft
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Price per Sq Ft
Highlights
- No HOA
- 4 Car Attached Garage
- Central Air
About This Home
Prime Investment Opportunity: Turnkey, Low-Maintenance Fourplex Centrally located with exceptional access to premier shopping, dining, and local amenities, this well-maintained fourplex offers an outstanding addition to any investment portfolio. Each of the four expansive, 1,200-square-foot units features a highly desirable 2-bedroom, 1.5-bathroom layout designed for comfortable modern living. Attached garages provide tenants with highly sought-after privacy, security, and additional storage. The property is engineered for low-overhead management, boasting a durable stucco exterior, a recently replaced roof, and a low-maintenance yard that minimizes ongoing upkeep costs. Enjoy immediate, reliable cash flow with strong tenant history: the building is fully occupied, featuring a stable mix of two long-term residents and two recently executed newer leases. Generating $63,000 in annual gross rental income, this asset represents a secure, high-performing investment in a high-demand rental market.
Listing Agent
Kirkland Real Estate Partners License #01011716 Listed on: 07/11/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1990
Parking
- 4 Car Attached Garage
- Off-Street Parking
Home Design
- Stucco
Utilities
- Central Air
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 071-034-031
Map
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Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/11/2026 07/11/26 | For Sale | $649,000 | -- | -- |
Source: Shasta Association of REALTORS®
About the Listing Agent
Cherrel's Other Listings
Source: Shasta Association of REALTORS®
MLS Number: 26-3349
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